Sunday 13 July 2014
 
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Grohe sales hit $493m in Q1

Grohe Group, a leading provider of sanitary fittings, has reported a three per cent rise in consolidated sales to reach 364 million euros ($493.5 million) in the first quarter of the year, compared to the same period last year. &n

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Bahrain opposition groups to boycott polls

Two opposition groups, including Al Wefaq National Islamic Society, will not contest the upcoming parliamentary and municipal elections.   A third society could also follow suit in a move described by Sunni group

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NBAD appoints Swiss Investment Group head

NBAD Private Bank (Suisse), the wholly-owned Swiss subsidiary of the National Bank Of Abu Dhabi, has appointed Tony Zeiger as the head of Investment Group.    In his new role, Zeiger will define and manage t

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Amer Group launches Porto Dead Sea project

Amer Group, a leading Egyptian development company with the tourism and entertainment sectors, is set to launch the implementation phase the Porto Dead Sea project, estimated to cost JD800 million ($1.1 billion) overall and JD60 million for th

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Preferred Hotel Group appoints new head

Preferred Hotel Group, a global provider of sales, marketing and distribution services to independent luxury hotels, has appointed Saurabh Rai as its area managing director of South Asia and Middle East.   

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Sennheiser unveils new microphone system

The Sennheiser Group, a leading manufacturer of microphones, headphones and wireless transmission systems, has unveiled its Esfera 5.1 surround microphone system at Cabsat expo, a leading broadcast digital media and satellite expo in the MEA r

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Etisalat empowers women in rural Africa

UAE-based Etisalat Group launched an initiative to encourage entrepreneurship and financial autonomy for women in rural African communities, through its Moov subsidiaries in Benin and Togo. The ‘Weena’ initiative invol

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Telecom firm to open office in Bahrain

Telecom company Fast Link Group will open its regional office in Bahrain. General Manager Abdul Rahim Abdul Khaliq said they were in the process of completing administrative formalities for the launch during the first quarter next

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Mashreq named best UAE banking group

UAE-based financial institution Mashreq won the ‘Best Banking Group in UAE’ award at the World Finance Banking Awards 2013 recently. The criteria for choosing winners included bank performance, variety and clarity of p

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Indian developer to open Dubai office

Ozonegroup, a leading Indian real estate developer, is set to open a representative office in Dubai. The move follows increasing demand from the UAE and Gulf-based non-resident Indians (NRIs) for the Ozone brand projects in India,

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