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Arqaam Capital eyes Africa, Saudi expansionDubai-based investment bank Arqaam Capital plans to expand into sub-Saharan Africa by the fourth quarter this year and may look at acquisitions in Saudi Arabia as part of its push into fast-growing emerging markets, its chief executive said. More… |
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Sony plans major African expansionSony has unveiled its blueprint for expansion across the African continent, looking to transform consumers’ experience through launching the latest technology products, brand stores, and setting up service centers in almost every country i More… |
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Arabian Auto plans $81m expansion in DubaiArabian Automobiles, the largest distributor in the Gulf for Nissan, Infiniti and Renault, plans to invest Dh300 million ($81.6 million) to expand its automobiles and spare parts distribution centre in Dubai. With this, the flagsh More… |
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Emal on track to complete $4bn phase 2 projectEmirates Aluminium (Emal), a joint venture between Abu Dhabi investment fund Mubadala and Dubai Aluminium, is planning a further smelter expansion around 2017, its CEO said. More… |
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Batelco expands global services in EuropeBatelco, a leading telecom services provider in Bahrain, is expanding its global services across Europe and has installed a number of new POPs (Point of Presence) facilities, including the UK and France. The enhanced network will More… |
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DIB eyes double-digit profit growth, acquisitionsDubai Islamic Bank (DIB) said it has dealt with much of its balance sheet weakness and should see profits for 2013 grow in the high double digits, allowing it to eye acquisitions in new markets in Asia. Leaders at the world's More… |
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H&M unveils $130m India expansion plansHennes & Mauritz (H&M) plans to spend around 100 million euros ($130 million) on an initial 50 stores in India, hoping a growing population and rising incomes in Asia's third-largest economy will fuel demand for its fast-changing fas More… |
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H&M unveils $130m India expansion plansHennes & Mauritz (H&M) plans to spend around 100 million euros ($130 million) on an initial 50 stores in India, hoping a growing population and rising incomes in Asia's third-largest economy will fuel demand for its fast-changing fas More… |
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ENBD says won't slow foreign expansionThe head of Dubai's largest bank, Emirates NBD, said on Thursday its ambition to expand abroad would not end with his departure at the end of the year. The lender, which wants to make a fifth of its revenue outside the UAE wit More… |
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Bosch in major expansion drive across MenaBosch, a leader in automotive aftermarket, will open 53 car and diesel service centres across Maghreb, Levant, and Middle East countries, and has plans to launch 13 more express car service centres this year, a top official said. More… |
