Saturday 20 July 2019

National Food Products Co names new group CEO

Dubai-based National Food Products Company (NFPC), one of the leading foods and beverage companies in the Middle East, has announced the appointment of Iqbal Hamzah as its new group chief executive officer. Over the last 28 years, Hamzah has built an impressive track record of st


NGN, Huawei start 5G training programme in Bahrain

NGN Training Centre (NGN), a specialised tech training company in Bahrain, is conducting a special training programme in collaboration with global ICT leader Huawei ahead of the launch of 5G network in the kingdom. The training includes the basic principles of 5G networks, for th


Arabtec names new acting CFO in major reshuffle

Arabtec Holding, a leading contractor for social and economic infrastructure, has appointed Adel Al Wahedi as the new acting Group Chief Financial Officer. He brings a wealth of experience in capital restructuring, corporate finance along with his strong regional knowledge gained


Deutsche Bank unveils massive restructuring; cuts 18,000 jobs

Deutsche Bank has announced an unprecedented restructure that will see the German banking giant close a major part of its trading businesses leading to 20 per cent job cuts globally, said media reports.   Within hours of Deutsche Bank announcing its $8.3 billion


Empower ties up with India’s DLS & Associates

Empower Business Solutions, a key business consulting services provider to small and midsize businesses in Bahrain, has joined hands with India’s DLS & Associates to launch a full range of its financial services in the kingdom. DLS & Associates is one of the leading


Nasdaq Dubai inks co-op agreement with Kazakh exchange

Nasdaq Dubai, the region's international exchange, has signed an agreement with Astana International Exchange (AIX) in Kazakhstan to boost operational relationship between the central securities depositories (CSDs) of both markets. The establishment of the link is subject to


Sadad Bahrain launches new payment solution

Sadad Bahrain, a leading FinTech company in the kingdom providing a comprehensive digital payment platform, has announced the launch of its latest technology-driven service ‘Sadded’, once again transforming payment methods in the kingdom. Sadded is a new payment solut


Doosan Bobcat names president for Europe, Mideast Africa

Doosan Bobcat, a global leader in compact equipment industry, has appointed Gustavo Otero as its new president for Europe, Middle East and Africa (EMEA) region. An industry veteran, Otero joined Doosan Bobcat in 2012 and most recently served as EMEA region vice president of Compa


Piaget to open flagship store at Abu Dhabi's Galleria mall

Illustrious Swiss heritage brand Piaget will be opening its new flagship store at The Galleria Al Maryah Island in Abu Dhabi in the coming days, it has announced. Joining prestigious brands such as Cartier, Louis Vuitton, Van Cleef & Arpels, Dior and Fendi, as well as award-winning


Drees & Sommer to boost FM offering in Middle East

International construction and real estate consultancy Drees & Sommer has welcomed a team of experts from Gregory & Jones Consultants to join the company’s Dubai branch, as an extension to the expertise of the existing international team. Led by industry veteran Mar

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