Wednesday 11 December 2019
 
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Gulf Capital in $51m Africa equity investment

Gulf Capital, one of the largest alternative asset management firms in the Middle East, has joined hands with AfricInvest, a leading pan-African mid-cap-focused private equity firm, to provide a $51 million structured loan and equity investment

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Gulf Capital in $51m Africa equity investment

Gulf Capital, one of the largest alternative asset management firms in the Middle East, has joined hands with AfricInvest, a leading pan-African mid-cap-focused private equity firm, to provide a $51 million structured loan and equity investment

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UAE outsourcing sector revenue hits $876m in 2017

Operational management revenues of business process outsourcing (BPO) and cloud services in the UAE touched $876.9 million (Dh3.2 billion) in 2017, with projections to reach $976.1 million in 2018, and $1.195 billion in 2020, a report said.

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Bahrain ‘ideal location for services industry’

The BPO and service industry in the Gulf is booming and the Bahrain service hub with its abundant talent pool and strategic location, is becoming a preferred solution for GCC near-shore services, our sister publication the Gulf Daily News

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Digital BPO firm boosts jobs prospects for Bahrainis

Hundreds of young Bahrainis are expected to be hired in several positions after the launch of Gulf CX, the first digital Business Process Outsourcing (BPO) company in the GCC, reported the Gulf Daily News, our sister publication.

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Blackstone acquires Serco's BPO operations for $385m

Private equity funds managed by Blackstone is set to acquire a majority of Serco Group's private sector business process outsourcing (BPO) operations.   The definitive agreement will include the former Intele

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StanChart completes first BPO in automotive industry

Standard Chartered Bank has completed the first Bank Payment Obligation (BPO) transaction in the automotive industry for Mohammed Naser Al-Sayer and Sons Est, a leading automotive dealers in the Middle East.   

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New trade finance solution in focus at Bahrain forum

A new trade finance solution not yet available in the Middle East is catching on fast in Western financial markets, it has emerged. Bank Payment Obligations (BPOs) is a payment instrument that's less risky than an open-account

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Aramco, GE, TCS open all-female BPO centre in Riyadh

Saudi Aramco, GE and Tata Consultancy Services (TCS) have inaugurated Saudi Arabia’s first all-female business process outsourcing (BPO) service centre in Riyadh. The centre, which is supported by the Human Resources Develop

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Aramco, GE, TCS open all-female BPO centre in Riyadh

Saudi Aramco, GE and Tata Consultancy Services (TCS) have inaugurated Saudi Arabia’s first all-female business process outsourcing (BPO) service centre in Riyadh. The centre, which is supported by the Human Resources Develop

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