Dragon Oil sets up committee to vet Enoc takeover dealTurkmenistan-focused oil explorer Dragon Oil has established an independent committee to assess a takeover approach made by Emirates National Oil Company (Enoc) last week, it said. The Emirati company, which owns nearly 54 per cen More… |
Networking debate: open vs proprietary approachWithin the networking industry, there is a growing divide between two schools of thought - companies that believe that the future of the network lies in openness and those that think a proprietary approach is the compelling way to go, said an ex More… |
Iran ships 'approached US vessels in Gulf'Small Iranian military motorboats approached US vessels passing through the Strait of Hormuz twice last week but the Pentagon said the interactions were not seen as hostile, even at a moment of heightened tensions between the two countries. More… |
Giordano adopts new approachInternational retailer Giordano said it has adopted a new approach to the apparel world, re-evaluating product lines and focusing on the essentials range. While business continues to grow at a steady rate and expansion plans continue, Gior More… |
Kuwait's Dar may consider minority stake saleKuwait's Investment Dar said on Tuesday it might consider selling a minority stake to an investor after being approached by international banks last year. "We have been approached by investment banks (but) we are currently not in (any) tal More… |
Dubai's multi-modal logistics in spotlightDubai’s integrated multi-modal logistics approach was in the spotlight at the inaugural Middle East Shipping and Logistics Forum 2008. A unique annual gathering of shipping and logistics industry heads from the region’s leading companies, More… |