Friday 28 July 2017
 
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Abraaj Group acquires stake in Turkey's Netlog

The Abraaj Group, a leading investor operating in growth markets, has acquired, through its funds, a significant minority stake in Netlog Lojistik Hizmetleri, Turkey’s largest integrated logistics company with a strong presence in Europe a

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Global mega truck sales to see 5.7pc growth

Global sales penetration of mega trucks is expected to increase from 3.4 per cent to 5.7 per cent for total heavy duty (HD) truck sales from 2016 to 2025, with units growing at a compound annual growth rate of 10.6 per cent, a report said.

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Connoisseur receives fourth Gulf Craft superyacht

UAE-based Gulf Craft, a manufacturer of luxury yachts and fibreglass boats, revealed that a yachting connoisseur has made his fourth consecutive purchase from it – a sleek Majesty 155 superyacht. The superyacht model was nam

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Kurita opens regional headquarter in Jafza

Japan-based Kurita, a specialist in water treatment technology, has opened its regional headquarter in Jebel Ali Free Zone (Jafza) to serve its customers spread across the GCC and the Middle East. The company held an opening cerem

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Oman prepares to become regional import, export centre

Oman has completed its preparations to become a regional import and export centre after investing billions of rials for the construction of ports along the Omani coasts, said a report. It has also completed the legislative and tec

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Agthia Group reports net profit of $32m for H1

Agthia Group, a leading food and beverage group in the UAE, has reported net profit of Dh118 million ($32.12 million) for the first half of 2017, while net revenue grew 2.2 per cent from the same period of 2016 to reach Dh1.07 million ($291,315)

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Top industry experts to participate in marketing summit

Top international and regional industry experts will participate, network and engage in discussions on the latest technology innovations influencing the marketing domain, at the upcoming Arab Marketing Innovation Summit, to be held in November i

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Ajman Free Zone looks to increase SMEs portfolio by 30pc

Ajman Free Zone (AFZ) has launched a new initiative through its overseas offices to attract small and medium enterprises (SMEs) with the aim of increasing its existing SME portfolio of investors by 30 per cent or more in 2017. AFZ

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Panasonic launches new cordless vacuum cleaner in ME

Panasonic, a global leader in the development of diverse electronics technologies, has launched its new ‘IT’ twist cordless vacuum cleaner MC-BJ870 in the region. With the new revolutionary twist nozzle design that is

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Firms urged to prepare for VAT

Companies in the region must begin preparing to ensure they remain compliant when Saudi Arabia's new value-added tax (VAT) regulations come into force, says Proven Saudi Arabia, a leading business support provider. As many bus

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