Business

Careem Announces Launch in Palestine
June 14, 2017

Careem Announces Launch in Palestine

Careem, the leading ride-hailing service in the Middle East and North Africa, today announced the launch of a new market, Palestine, as part of its broader commitment to better the region. The launch also highlights the opportunity the Palestinian tech ecosystem provides to local businesses. Careem’s investment in Palestine...

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Ericsson recently announced expanding its Support Services portfolio.
June 13, 2017

Ericsson recently announced expanding its Support Services portfolio.

  When will the solution(s) you are launching be commercially available? New predictive analytics capabilities for Preemptive Support will be commercially available end of July 2017. Software Assurance service is already launched. The new service, Cloud Ecosystem Support will be commercially available end of June 2017. Is this...

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“TILAL BHERSAF”, SEEING IS BELIEVING Close to nature, Tilal Bhersaf rests in the heart of a wonderful natural setting.
June 13, 2017

“TILAL BHERSAF”, SEEING IS BELIEVING Close to nature, Tilal Bhersaf rests in the heart of a wonderful natural setting.

In line with its vision of modern lifestyle, Plus Properties, leading player in the Real Estate Sector in Lebanon & Cyprus, organized a guided tour followed by a traditional Iftar at its residential complex, Tilal Bhersaf.  The event was attended by media figures, brokers and bankers. Guests were led through a guided tour...

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2 weeks ago
LGB BANK Announces “Banking By Night” Ramadan Timing
June 12, 2017

LGB BANK Announces “Banking By Night” Ramadan Timing

LGB BANK announced that it has rescheduled its “Banking By Night” opening hours during the holy month of Ramadan, starting from 8:00pm to 11:00pm covering all banking transactions. Mr. Samer Itani, Vice Chairman and CEO of LGB BANK, commented: “We would like to wish Ramadan Kareem to all of the Lebanese people. LGB BANK...

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GroupeMed Holding s.a.l announces OLT Holding s.a.l. as a new shareholder
June 12, 2017

GroupeMed Holding s.a.l announces OLT Holding s.a.l. as a new shareholder

GroupMed Holding s.a.l., the owner of Bankmed s.a.l. is pleased to announce a new shareholder, OLT Holding s.a.l. Following the approval of the Central Bank of Lebanon, OLT Holding s.a.l. owned by Mr. Ala Al Khawaja has successfully acquired from Mr. Ayman Hariri a 42.24% ownership stake of the share capital of GroupMed Holding...

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2 weeks ago
Man’oushe Street and Al Rajhi Group sign landmark agreement to open 25 new branches in Riyadh
June 11, 2017

Man’oushe Street and Al Rajhi Group sign landmark agreement to open 25 new branches in Riyadh

As part of its continuing efforts to expand its presence in the Middle East region, Man’oushe Street, a popular Middle Eastern eatery that serves traditional, home-styled street food, has revealed the signing of a strategic new master franchise agreement with the Al Rajhi Group, a leading international holding investment...

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2 weeks ago
Huawei 2016 Annual Report: Solid Growth and Sustained Investment in the Future
June 09, 2017

Huawei 2016 Annual Report: Solid Growth and Sustained Investment in the Future

Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer business groups (BGs) each achieved solid year-on-year growth. Group annual revenue was CNY521.6 billion (US$75.1 billion), an increase of 32% over 2015. Net profits were CNY37.1 billion (US$5.3 billion), an increase of...

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ABC Verdun to officially open end of July 2017
June 07, 2017

ABC Verdun to officially open end of July 2017

Exciting news for all shoppers looking for a seamless experience in the heart of Beirut! The wait is almost over as the much anticipated ABC Verdun gets closer to officially opening its doors on July 28th. Currently working on its final phases for its grand public opening, ABC Verdun is expected to attract locals and tourists...

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3 weeks ago
Booz Allen Hamilton highlights the need for UAE organizations to secure IoT alongside traditional IT
June 06, 2017

Booz Allen Hamilton highlights the need for UAE organizations to secure IoT alongside traditional IT

The Internet of Things (IoT) continues to gain a strong footing in the GCC across different sectors ranging from manufacturing and transportation to energy. The vulnerability of IoT to external cyber threats remains high – in fact even higher than traditional IT – a recent Booz Allen Hamilton report has highlighted.  ...

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3 weeks ago
HUAWEI the Only Chinese Brand Listed among Forbes’ Most Valuable Brands for 2017
June 06, 2017

HUAWEI the Only Chinese Brand Listed among Forbes’ Most Valuable Brands for 2017

HUAWEI, was the only Chinese brand making it to Forbes list of the Most Valuable Brands of 2017. Ranked 88th Huawei’s brand value reached $7.3 billion, up by 9% year on year. Every year, Forbes evaluates more than 200 global brands to determine the final list of 100. This year, the top 100 on the list spread among 15...

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