Saturday 30 August 2014

Software AG appoints Saxton as senior vp

Software AG has announced the appointment of Mike Saxton as its new senior vice president for its Middle-East and Turkey regions. Saxton joined Software AG in 2012 after a 25-year plus technology career, of which the last 15 have been with Enterprise Software.  After graduat


Dispute over unpaid port fees in Bahrain resolved

A dispute over unpaid fees between a port operator and eight companies has been resolved in Bahrain. It started when APM Terminals (APMT), the operator of Khalifa bin Salman Port (KBSP), allegedly refused to release cargo containers belonging to the firms after it billed them for


Emirates Transport posts $408m revenues

Emirates General Transport and Services Corporation has recorded a Dh1.5 billion ($408.3 million) in total revenues last year, maintaining an annual growth rate of 18 per cent over the part five years, said a report. The company has reported total assets of about Dh2 billion duri


New bid to solve containers row in Bahrain

Bahrain’s business leaders have pledged to investigate claims that a port operator has refused to release cargo containers belonging to eight major shipping companies in a dispute over unpaid fees. The port committee at Bahrain Chamber of Commerce and Industry (BCCI) is exp


GCC aluminium investments to hit $55bn by 2020

The investments in the aluminium sector across the Gulf region is poised to hit $55 billion by 2020, compared to $30 billion in 2011, mainly due to smelters' expansion and new projects in the region, said a report. Statistical data shows that the Gulf aluminium industry is gr

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