Philips opens new offices in Lebanon
Beirut, March 29, 2010
Royal Philips Electronics has opened their offices in the heart of Beirut’s downtown district, designed to become the new hub of Philips’ expanding operations in the Levant.
The company has been operative in the region for more than 50 years through distributors.
“Lebanon is the ideal strategic location to set up the office for the region as a result of its access to a large regional market, free-market investment policies, and a liberal economic environment,” said Louis Hakim, VP of Royal Philips Electronics and CEO of Philips Middle East.
Philips’ businesses cover Healthcare, Lighting and Consumer Lifestyle.
“Philips is currently active in partnering with credible and established parties in the region to develop different initiatives related to innovation, health and well-being. This could also come in the form of facilitating financing through our relationships with banks, tapping export credit agencies or development of sector specific funds,” added Hakim.-TradeArabia News Service
More Health & Environment Stories
- University of Ain Shams opens MS treatment unit
- Bahrain's humidity could ease water crisis
- Visibility in Bahrain forecast to improve
- Bahrain-India venture plans hospitals in GCC
- Seha launches new health initiative
- Veolia backs Oman waste management meet
- Obesity rate at 72pc among Saudi adults
- Bahrain ideal for artificial rain experiment
- Riyadh 'among most polluted cities'
- CGM acquires 3 European healthcare IT providers
- The age of genomic medicine dawns, finally
- Over 300 exhibitors for Saudi healthcare event
- Mackeen unveils document management solution
- Seha opens new clinics in Abu Dhabi, Al Ain
- SARS virus claims one more victim in Saudi
- New support group comes to overeaters' rescue
- RAK Hospital launches urinary clinic for women
- NBAD backs Emiratis on Antarctica trip
- Cut sugar intake drastically urges WHO
- Al khaliji to fund Qatar recycling plant
- Qatar researcher in 360km breast cancer run
- New facilitator to open in DHCC
- Many countries lack capacity to prevent hearing loss
- QUIT NOW: Passive smoking hurts kids' arteries
- San Francisco to ban plastic water bottles
- GSK wins home toothpaste award for Sensodyne
- E-integration vital to GCC healthcare industry
- Fakih IVF unveils two new genetic tests
- 2 die from H1N1 in Oman
- Al Noor Hospitals targets domestic growth