National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, said its net profit increased by 15 per cent to Dh272.4 million ($74.1 million) last year, as compared to Dh236.3 million in 2012.
Germany-based BASF, a leading chemical company, has launched its ‘Master Builders Solutions’ brand in the GCC, Russia, Turkey and Kazakhstan.
The solution has already been introduced in the AsiaPacific region and will
Bahrain Industry and Commerce Minister Dr Hassan Fakhro held a key meeting with senior government officials to discuss the development of a commercial companies law, said a report.
The meeting was attended by Transportation Minist
Majid Al Futtaim Properties, a leading real estate developer, won the ‘Retail Company of the Year’ accolade at the Gulf Business Industry Awards (GBIA) held recently in Dubai.
CEO George Kostas said: “This award
Saudi Arabia’s oil-fueled prosperity, growing population and liberal health spending policies are major drivers of market growth and has generated opportunities for multinational pharmaceutical companies, said a report.
The turnover of the "Top 100" Saudi Arabian companies rose by 40 per cent to SR676 billion ($180.2 billion) this year from SR484 billion in 2009, said a report.
Their total assets too increased by 35 per cent to SR3.1 tr
More than 52 per cent of company CEOs and senior business executives have a digital strategy ready and plan to boost their IT investment in 2013, according to a recent survey by Gartner.
'The 2013 Gartner CEO and Senior Execut
Majaal Warehouse Company, an SME-focused warehousing and logistics provider, has signed a 10-year tenancy deal with the Abudawood Al Saffar Company, the Bahraini distributor for global and regional producers of fast moving consumer good (FMCG) c
Dubai Industrial City, a member of Tecom Investments, attracted 212 new companies during 2012, marking an increase of 82 per cent in the number of new companies that opted to use its various industrial real estate services and facilities on offe
SAP, Germany's largest company and the world's leading business software company, has announced plans to ramp up its operations in Iraq.
"Iraq is an exciting market for SAP," said SAP Mena managing director Sam A