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Mideast facing ‘double dilemma’ over oil futureThe Middle East is facing a double dilemma over the global competitiveness for oil in the future, said experts at a panel discussion held by the International Institute for Strategic Studies (IISS) - Middle East in Bahrain. On the More… |
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Grace plans $200m UAE fluid cracker JV plantWR Grace & Company, a premier global specialty chemicals and materials company, has joined hands with UAE-based Al Dahra Agriculture to build its first fluid catalytic cracking (FCC) catalysts manufacturing facility in the Middle East. More… |
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Hansgrohe revenue rises 5.4pc to $1bn in 2012Germany’s Hansgrohe Group, a leading sanitary fittings manufacturer, has posted revenues of 805 million euros ($1.04 billion) in 2012 as against 764 million euros in 2011, marking a 5.4 per cent rise year on year. Revenues w More… |
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Hilton announces key ME appointmentHilton Worldwide Middle East & Africa has announced the appointment of Christian Muhr as the new vice president of operations for Hilton Worldwide, Egypt & Levant region. Muhr, a Hilton Worldwide veteran with an extensive More… |
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ME tourist numbers to Austria rise 35pcAustria recorded a total 712,514 overnights from the Middle East in 2012, reflecting an increase of 35.2 per cent over the previous year, said a top official. “The majority of Middle Eastern guests in Austria came from Saudi More… |
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Rolls-Royce names ME directorRolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, has announced the appointment of John Gay as its new regional director for the Middle Ea More… |
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ME banks targeted in $45m global cyber bank heistIn one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, US prosecutors said on Thursday. More… |
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ME banks targeted in $45m global cyber bank heistIn one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, US prosecutors said on Thursday. More… |
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Rocco Forte posts record Mideast revenueUK-based Rocco Forte Hotels recently finished its financial year 2012/13 on a high with record revenue delivered from the Middle East, amounting to more than $13 million. The region is now in the company’s top five source ma More… |
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Scottish oil, gas exports to ME rises 82pcThe Middle East region saw the biggest increase in Scottish oil and gas supply chain exports in 2011/2012, which account for $710 million, having risen by 82 per cent since 2010, according to new figures published by SCDI. Total s More… |
