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450,000 millionaires in MideastThe number of millionaires rose 2.7 percent to 450,000 in the Middle East, while weakening economies that roiled markets last year took their toll on the world's rich. Asia for the first time had more millionaires than North America, accor More… |
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Feedstock developments 'boon for GCC firms'Petrochemicals feedstock developments across the globe namely shale gas boom in the US, gas shortage in the Middle East and Coal-to-Olefins developments in China will provide new opportunities to GCC players, according to a report. Followi More… |
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Adnec eyes North American marketAbu Dhabi National Exhibitions Company (Adnec) has signed up US marketing firm, Marketing Challenges International (MCIntl) as its exclusive sales agent in the US and Canada. As per the agreement, MCIntl will promote the Abu Dhabi National More… |
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EMD inks Egypt railway locomotive dealEgypt-based Aman Trading and Engineering (AT&E), said it has signed an agreement with Electro-Motive Diesel (EMD), a North American company, to provide products and service support to the Egyptian National Railways (ENR). Headquartered More… |
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Nokia Siemens buys Motorola ops for $1.2bnNokia Siemens Networks will buy Motorola's telecom network equipment business for $1.2 billion, getting a stronghold in the North American market and taking No 2 position in the cut-throat mobile gear market. Nokia Siemens Networks -- a 50 More… |
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North America 'next big Islamic Finance market'With many global markets showing first signs of emerging from the worst of the crisis, North America could be set to witness a surge in Islamic finance activity and may become its next growth market, according to a new report. 'Is More… |
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Rolls-Royce sees car sales zoomRolls-Royce Motor Cars has witnessed 25 per cent jump in car sales in 2007 when compared to 2006, with retails of 1010 cars. This is the first time that annual sales has touched four-figure mark and the fourth successive sales incre More… |
