Business & Money | Monday 19 December, 2016 10:57 am

Schneider Electric Names Caspar Herzberg New MEA President

Schneider Electric, a global leader in energy management and automation, has named Caspar Herzberg as President of its newly formed Middle East & Africa region, effective January 1, 2017. In a bid to refuel growth, boost organizational efficiency and better leverage opportunities in the...

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Business & Money | Monday 19 December, 2016 4:48 am

Al Mal Capital wins two awards

 Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has won two prestigious awards at the 4th Middle East, North Africa & Asia Awards ceremony held on December...

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Business & Money | Monday 19 December, 2016 12:33 am

Panasonic Introduces Latest Range of Tough Style Tank-Type Vacuum Cleaners for Middle East

Panasonic Marketing Middle East and Africa(PMMAF) has introduced its latest range of tank type vacuum cleaner MC-YL series, which is perfect for cleaning large spaces.   The latest models MC-YL799 and MC-YL637, made in Japan and Malaysia respectively, feature a powerful motor, large...

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Business & Money | Sunday 18 December, 2016 5:10 pm

SIEMENS inks agreements with Saudi Aramco during “IKTVA” Forum

Siemens has shown its commitment and dedication to continuously drive their agenda of local value add during Saudi Aramco’s IKTVA Forum on December 14th. During the Forum, Saudi Aramco and Siemens have inked several agreements to collaborate in the fields of Renewable Energy, Research and...

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Business & Money | Sunday 18 December, 2016 3:53 pm

AccorHotels hosts Saudi Arabia’s First Women’s Empowerment and Integration Forum

AccorHotels, one of the world’s leading hotel operators, held its first ever ‘Women Empowerment and Integration Forum’ at the Sofitel Jeddah. The event is also the first to be organized by a private sector entity, focused on inspiring a new generation of young Saudi women to reach ...

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Business & Money | Sunday 18 December, 2016 3:18 pm

Firoz Merchant honored as top Entrepreneur at NDTV Gulf Indian Excellence Award

Philanthropist Firoz Merchant, Chairman and founder of Pure Gold Group was recognized as a leading entrepreneur in the GCC retail sector at NDTV’s inaugural Gulf Indian Excellence Awards in the UAE to applaud the contribution of Indian business leaders to the Gulf economy. Held at the Hyatt...

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Business & Money | Sunday 18 December, 2016 3:05 pm

Anghami Wins the Arab Social Media Influencers Award For 2016

Anghami, the leading music streaming company in the MENA region, announced today that it has received the Arab Social Media Influencers Award for Arts, launched under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum.   Around 40 social media influencers and...

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Business & Money | Sunday 18 December, 2016 2:52 pm

AkzoNobel completes acquisition of BASF’s Industrial Coatings business

AkzoNobel has finalized the acquisition of BASF’s global Industrial Coatings business, which supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport, strengthening its position as the global number one supplier in coil...

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Business & Money | Sunday 18 December, 2016 2:43 pm

Cisco Global Cloud Index Projects Middle East and Africa Cloud Data Center Traffic to Grow 440% by 2020

The recently released sixth annual Cisco® Global Cloud Index (2015-2020) reveals that global cloud traffic is expected to rise 3.7-fold, up from 3.9 zettabytes (ZB) per year in 2015 to 14.1 ZB per year by 2020. In Middle East and Africa, data center traffic will reach 451 exabytes per year by...

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Business & Money | Sunday 18 December, 2016 12:54 pm

Noor Faisal Al-Qatami, CEO of Saveco, was Named MENAA Best Business Leader for 2016

Noor Faisal Al-Qatami was awarded as The Best business leader in the Middle East, North Africa and Asia by MENA Establishment 2016, where she received the award in Burj Al Arab Hotel in Dubai with the presence of more than 150 businessmen from various countries around the world, media...

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