Business

Networked Energy Services Corporation & OSGP Alliance to highlight cyber security in smart grids at European Utility Week in Amsterdam
September 02, 2017

Networked Energy Services Corporation & OSGP Alliance to highlight cyber security in smart grids at European Utility Week in Amsterdam

Networked Energy Services Corporation (NES), a global smart grid market leader with the industry’s leading Patagonia Energy Applications Platform (EAPTM) will join the prestigious European Utility Week (EUW) in Amsterdam in October this year as part of the OSGP Alliance booth, the global non-profit organization devoted to...

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3 months ago
Delta Partners advises edotco on a $940 million deal in Pakistan as it acquires 13,000 towers from Veon’s subsidiary PMCL
September 01, 2017

Delta Partners advises edotco on a $940 million deal in Pakistan as it acquires 13,000 towers from Veon’s subsidiary PMCL

Delta Partners Corporate Finance Limited, a member of the Delta Partners Group, has today announced that it acted as a strategic and financial advisor to the first regional and integrated telecommunications infrastructure services company in Asia, edotco Group Sdn Bhd (“edotco”), on its 100% acquisition of Veon Ltd.’s...

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3 months ago
Panasonic’s TV Factory to Bring Momentum in Egypt’s Manufacturing Sector
August 31, 2017

Panasonic’s TV Factory to Bring Momentum in Egypt’s Manufacturing Sector

Panasonic, one of the global leaders in technology, today expanded its presence in the Middle East and Africa region with the opening of the first TV manufacturing unit in Egypt. The Japanese manufacturer is collaborating with Arab Company for Electrical Equipment to produce over 16,000 Panasonic LED televisions before the end...

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3 months ago
Francisco Partners completes investment in Ericsson’s iconectiv business
August 31, 2017

Francisco Partners completes investment in Ericsson’s iconectiv business

Francisco Partners, a leading technology investment firm, has completed its investment in iconectiv, an independent subsidiary owned by Ericsson (NASDAQ: ERIC). As part of the investment, Francisco Partners invests USD 200 million to acquire a 16.7% ownership in iconectiv. The partnership between Ericsson and Francisco Partners...

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3 months ago
flydubai Reports Half-Year Results for the 2017 financial year
August 28, 2017

flydubai Reports Half-Year Results for the 2017 financial year

flydubai has today announced its Half-Year Results for the 2017 financial year and has reported total revenue of AED 2.5 billion (USD 689 million) an increase of 9.9% compared to the first six months of last year and a loss of AED 142.5 million (USD 38.8 million).  Historically, the trend for the second half has been stronger...

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4 months ago
M2 opens its doors at ABC Verdun
August 26, 2017

M2 opens its doors at ABC Verdun

M2, the retail chain targeting technology enthusiasts and member of Teletrade Holding Group, opened its sixth store at ABC Verdun mall on August 24. The event was attended by a number of media personalities and bloggers. This milestone coincided with the 15th anniversary of the establishment of M2 stores, which offer a...

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4 months ago
AL-MAWARID Bank inaugurates its new Adlieh branch  Kheireddine: “We are expanding geographically and achieving rapid growth at all levels”
August 24, 2017

AL-MAWARID Bank inaugurates its new Adlieh branch Kheireddine: “We are expanding geographically and achieving rapid growth at all levels”

AL–MAWARID Bank inaugurated its new branch in Adlieh during a ceremony attended by the media, politicians, businessmen and VIPs. Mr. Marwan Kheireddine, Chairman of AL-MAWARID Bank said in a speech that the Bank chose to establish its 19th branch in Adlieh because it is “an essential hub in Beirut”, as the...

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4 months ago
Careem appoints Nadia Rouchdy as Head of Sustainability and Social Impact
August 23, 2017

Careem appoints Nadia Rouchdy as Head of Sustainability and Social Impact

Careem, the leading ride-hailing service in the Middle East and North Africa, has appointed Nadia Rouchdy as Head of Sustainability and Social Impact. In this role, Rouchdy will lead Careem’s efforts in sustainability, both internally and externally, and integrate our vision of long-term strategic planning to create a...

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4 months ago
LGB BANK provides VISA Infinite and VISA Signature Cardholders with Insurance Coverage against Fraudulent Use of their Cards
August 22, 2017

LGB BANK provides VISA Infinite and VISA Signature Cardholders with Insurance Coverage against Fraudulent Use of their Cards

LGB BANK announced that VISA Infinite and VISA Signature cardholders among their customers can benefit from protection against fraudulent use of their cards. The Bank issued an official statement explaining that the insurance policy against fraudulent use of credit cards that are valid till May 31st, 2018 protects VISA Infinite...

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4 months ago
Frantz Yvelin appointed President and Chief Executive Officer of Aigle Azur
August 21, 2017

Frantz Yvelin appointed President and Chief Executive Officer of Aigle Azur

AIGLE AZUR has announced the appointment of Mr Frantz YVELIN to the position of President and Chief Executive Officer. He is replacing Mr Michael Hamelink, who is leaving the company. At the age of 41, Frantz YVELIN has strong managerial experience in the air transport sector, which he acquired mainly in France and the United...

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4 months ago
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