Monday 14 July 2014

MAF Properties names new CEO

Majid Al Futtaim Properties, a leading developer, owner and operator of shopping malls and mixed-use projects in Mena, has appointed George Kostas as its new chief executive officer. Kostas assumed his new role at Majid Al Futtaim


Farnek Avireal appoints new CEO

Dubai-based Farnek Avireal, one of the region's leading sustainability and facilities management companies, has appointed Markus Oberlin as its new chief executive officer. A facilities management (FM) professional with over 20 years’ inte


First El Chico restaurant opens in Saudi

El Chico, the US-based the Tex-Mex restaurant brand, has opened its first outlet in Riyadh. The announcement was made jointly by John D Harkey, Jr, chief executive officer of Consolidated Restaurant Operations (CRO) and Ali Al Sagri, chief


Dubai World could raise interest to creditors

Dubai World can slightly increase the cash coupon offered to banks as part of a debt plan announced on Thursday, depending on which option creditors choose, the company's chief restructuring officer said. Aidan Birkett, CRO at state-ow


Saleh Bin Lahej allies with CRO

Saleh Bin Lahej Group and Consolidated Restaurant Operations have joined Join hands to Create Consolidated Restaurant Management in the region. To mark the occasion key executives launched EL Chico Café at Dubai Marina and officially inaug


Intel tops ‘Best Corporate Citizens’ list

Intel Corporation took the No 1 spot in this year’s “100 Best Corporate Citizens” list. Released by CRO Magazine, the list has gained national recognition as an indicator of best practices in the area of corporate responsibility, said an o

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