Sunday 19 April 2015
 
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Wacom regroups operations into global business units

Wacom has regrouped its operations, which have been managed on regional basis, into global business units according to user categories, with a view of addressing market needs more quickly and flexibly, and to accelerate further business growth.

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Solidarity unit buys stake in Jordanian insurance firm

First Insurance, Jordan, a subsidiary of Solidarity Group Holding Bahrain, has acquired a controlling stake in Yarmouk Insurance Company in Jordan. Originally founded more than 30 years ago, Yarmouk Insurance is one of the deep-ro

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Al Baraka bank's units win top Islamic finance awards

Bahrain-based Islamic banking group Al Baraka Banking Group’s (ABG) has announced that four of its units won Islamic Finance News Awards 2014. They were chosen as the best Islamic banks in the region through the annual refer

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Posco to sell stake in construction unit to Saudi fund

South Korean steelmaker Posco has signed a preliminary deal with Saudi Arabia's Public Investment Fund (PIF) to sell part of its construction unit for about 1.5 trillion won ($1.36 billion), Korea Economic Daily reported. Posc

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Saudi builder Khodari wins $170m deal from Ma'aden unit

Saudi Arabian builder Abdullah Abdul Mohsin Al-Khodari and Sons said on Thursday it had been awarded a $170 million contract from a unit of Saudi Arabian Mining Co (Ma'aden). The contract with Ma'aden Waad Al Shamal Phosph

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Kuwait restarts crude unit at Mina Ahmadi refinery

Kuwait has restarted a 122,000 barrels per day (bpd) crude unit at the Mina Al Ahmadi refinery last week after a two-week shutdown for maintenance work, a spokesman of state-run oil refiner Kuwait National Petrol

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Lixil unveils new global operating model

Tokyo-based Lixil Corporation has launched a new global operating model with four core technology business units to further globalise its business. The most notable change from this new model will be the creation of Lixil Water Te

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Sustainable energy unit for Bahrain to be set up

Bahrain’s Electricity and Water Authority and the United Nations Development Programme (UNDP) have come together to establish the Bahrain Unit for Sustainable Energy. Minister of State for Electricity and Water Affairs Dr Ab

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RCSI Bahrain to continue operating mobile diabetes unit

Royal College of Surgeons in Ireland (RCSI) has signed a deal with the Bahrain Diabetes Society to allow the continued operation of the Paediatric Mobile Diabetes Unit in the kingdom. It was signed between Sheikh Mohammed bin Abdu

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Tamkeen to launch new fraud prevention unit

A new fraud prevention department for Tamkeen will be launched next month in a bid to safeguard its multimillion dinar budget. The semi-autonomous labour fund, which opened its newest office in Enma Mall, Riffa yesterday (August 1

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