Thursday 23 May 2013
 
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Company CEOs 'planning big IT spend'

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

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Majaal inks tenancy deal with Bahrain firm

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

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DIC attracts 212 new companies in 2012

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

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SAP plans to boost Iraq operations

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

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Focus on own industry for growth, firms told

There is a strong perception among chief executives that expanding into a thriving new industry is the key to maximising growth. Business leaders attribute their stagnant revenues to industry specific factors and firmly believe th

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RAK sees company registrations up 4pc

Ras Al Khaimah Free Trade Zone (RAK FTZ) has registered a 4 per cent year-on-year increase in new company registrations during the first half, according to a report. Revenues from the registrations touched Dh123.55 million, up 10.

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Saudi ACWA clinches Morocco solar project

Morocco's solar energy agency has selected a consortium led by Saudi International Company for Water and Power (ACWA) to build a 160-megawatt concentrated solar power plant in the south of the country, the agency said on Monday.

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Pistachio firm posts solid ME growth

Paramount Farms, one of the world’s largest vertically integrated growers of Californian pistachios and almonds, said it has registered a three-fold sales growth in the Middle East region. The San Joaquin Valley, California-headquartered P

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Oil market 'well supplied, coping with Iran exit'

The global oil market is well supplied and can cope with the loss of Iranian crude to Western sanctions, oil officials and executives, including the heads of Total and Royal Dutch Shell, said this week. An increase in global crude supplies

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Boston Analytics to set up office in Bahrain

Boston Analytics, a global research and analytics company based in the US, has announced plans to open its first Middle Eastern office in Bahrain as part of its global expansion strategy. Announcing the launch at an event hosted by the Bah

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