Friday 1 August 2014
 
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Expansion Plans

Toyota closes in on record profit, forecast up 13pc

Toyota Motor Corp is closing in on a record profit set before the Lehman crisis after topping up its annual net profit forecast by nearly $2 billion and outperforming Japanese rivals as its expansion plans bear fruit. The world

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Ikoo gets $3m funding from STC for growth plans

Ikoo, a leading digital marketing solution provider, announced a major partnership with STC Ventures, backed by Saudi Telecom Company (STC), which has invested $3 million in the company to fund its future growth plans. STC Venture

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Tendeka unveils Mena expansion plans

Tendeka, a reservoir monitoring solutions provider to the upstream oil and gas industry, has announced plans to build on its current success with increased activity in the Mena region. At the company’s Mena base in Dubai, se

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Jewellery retailer reveals expansion plans

Award winning jewellery retailer Pure Gold Jewellers has revealed its plans to establish 25 fully owned outlets in Turkey, Jordan, Morocco and Lebanon by the end of 2012. Firoz Merchant, chairman of Pure Gold Jewellers, said: “We are curre

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KHCB unveils big expansion plans

Bahrain-based Khaleeji Commercial Bank (KHCB) said it plans to open three more branches in the kingdom and also strengthen its work force by 15 per cent this year. The new branches will open at Sanad, Muharaq and Budaya during this year, s

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Mobiserve unveils regional expansion plans

Mobiserve Holding, a leader in turnkey telecommunication infrastructure solutions and engineering services, has announced its further expansion into African markets following the success of its subsidiary Mobiserve Kenya. Mobiserve Kenya i

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KFH signs key deal with IT firm

Kuwait Finance House-Bahrain (KFH), a leading provider of Islamic banking services, announced that it has appointed computer group International Turnkey Systems (ITS) to provide an integrated "ethical banking" solution to support the bank's expans

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SouqExtra! readies for expansion plans

SouqExtra!, a leading community-focused centre, recently held talks with municipality officials from the different emirates aiming to fit its expansion plans with those of individual emirates. The initiative was an important step in SouqEx

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Jazeera unveils big expansion plan

Kuwait-based budget carrier Jazeera Airways has announced plans to launch flights to five new destinations and also add more aircraft to its fleet during this year under its 'Freedom Forever 3' plan. The airline unveiled its strate

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STC plans massive overseas expansion

Saudi Telecom Company (STC) will explore more expansion opportunities after revenues generated by its acquisitions abroad exceeded initial targets, a newspaper reported on Saturday. 'STC has exceeded the initially-announced target of m

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