Thursday 2 October 2014
 
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Sales

H&M plans expansion in US and China

Fashion retailer Hennes & Mauritz (H&M) said it plans to expand its business over the coming year by increasing online sales and opening new stores, particularly in its largest markets, the US and China. Chief executive Ka

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Ezz Steel posts $24m loss in H1

Ezz Steel, Egypt's biggest steelmaker, posted a first-half net loss of E£176 million ($24.6 million), compared with a net profit of E£302 million ($42.1 million) a year earlier. "The first half of 2014 has bee

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Al Ruwad to market Istanbul homes

Kuwait-based Sinan Real Estate Company has signed an exclusive sales agreement with Dubai's Al Ruwad Real Estate Consultants for its upcoming real estate projects in Turkey. As per the deal, Al Ruwad will have full rights to m

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New head of sales for HMH

Chris Bradley has been appointed as head of sales at Hospitality Management Holdings (HMH), a fully-integrated hotel management company based in Dubai, UAE. A Canadian national with 16 years’ experience across the hospitalit

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International Rubber Company sales hit $9m in H1

International Rubber Company (IRC), a subsidiary of Masharie, the private equity arm of Dubai Investments, and a leading manufacturer of synthetic rubber profiles in the Middle East, has achieved sales of Dh34 million ($9.2 million) in the first

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Takaud appoints key sales team

Takaud, a specialist savings and pensions provider for the Mena region, has enhanced its business team with the appointment of senior sales executives who will be based in Bahrain. The new appointments include that of Loay Ragheb

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Rolls-Royce records 39pc rise in sales in Doha

Rolls-Royce Motor Cars Doha has recorded a 39 per cent increase in sales for the first half of the year, compared to the same period last year, said the report. The Rolls-Royce Wraith was the key driver of this steady sales perfor

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Tablet sales overtake PCs in UAE

Tablet market has overtaken the PC market in the UAE for the first time by more than 6,700 units, according to International Data Corporation (IDC) findings. In the second quarter, IDC observed end users maintaining their shift toward m

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Tablet sales overtake PCs in UAE

Tablet market has overtaken the PC market in the UAE for the first time by more than 6,700 units, according to International Data Corporation (IDC) findings. In the second quarter, IDC observed end users maintaining their shift toward m

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Nissan Patrol's sales surge 103pc

The Nissan Patrol shattered sales records throughout the Middle East last month. The July sales for the region hit a record monthly high of 3,581 units, a substantial rise of 103 per cent on the same month in 2013, said a report i

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