Wednesday 27 May 2015
 
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B Braun opens Mideast subsidiary at DuBiotech

B Braun, a German medical and pharmaceutical device firm, has established a Middle East operating subsidiary at the Dubai Biotechnology and Research Park (DuBiotech), a free zone dedicated to facilitating and fostering growth in the UAE’s

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Visa in talks to buy former subsidiary for $20bn

Visa, a global leader in payment solutions, is in preliminary talks to buy former subsidiary Visa Europe, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter. The tal

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Aquarion sets up subsidiary in UAE

Aquarion Group, a leading provider of advanced technologies for the oil & gas industry sector and process industries, has established a wholly owned subsidiary located in Sharjah, UAE. Aquarion Middle East will focus on provid

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Marsol launches oil & gas services subsidiary

Marsol International, a Dubai-based global marine solutions provider, has launched a new subsidiary, Marsol Oil & Gas Services, which will operate from a new office facility in the Port of Fujairah. The launch of Marsol Oil &a

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DI unit commissions new glass production facility

UAE-based Emirates Float Glass (EFG) has successfully commissioned a new facility aimed at enhancing its production capabilities to cater to the automotive glass sector. A subsidiary of Dubai Investments, EFG is a major integrated

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Airbus unit opens office in UAE

Airbus ProSky, the air traffic management (ATM) subsidiary of Airbus, has opened a new regional headquarters in the UAE, a report said.   The office will serve as a focal point for the Middle East and North Africa, said the re

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Drake & Scull unit wins Egypt wastewater contract

A consortium including a subsidiary of Dubai's Drake and Scull has won a 545 million dirhams ($147 million) contract to build a wastewater treatment plant in Egypt, the firm said on Monday. The consortium is led by Egypt's

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OMA Emirates opens subsidiary in Nepal

UAE-based OMA Emirates-Solution Gulf, a provider of technology solutions for the payment industry, recently opened a subsidiary office, OMA Nepal. Inaugurated by the Ambassador of UAE to India and the Non Resident Ambassador of UA

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Trivitron takes 100pc stake in healthcare JV

India-based Trivitron, a global leader in medical technology, has converted an existing joint venture (JV) with Al Ghurair Group’s ETA Star Healthcare into a wholly-owned subsidiary in Dubai. The JV with the Al Ghurair Group

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Burgan Bank expands brand across Turkey

Kuwait’s Burgan Bank Group has extended its regional brand platform to Turkey following its recent acquisition Eurobank Tekfen, which will now operate under the name of Burgan Bank – Turkey. Its subsidiaries EFG Istanb

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