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Industry & Trade
MAKRO Offers New Services to Support their Professional Customers
In their continued efforts to provide greater support to their professional customers, and ensure that they are…
Nestle Wins Pfizer’s Battle
Swiss food group Nestle is to buy drug maker Pfizer's baby food business for $11.85 billion, beating out French…
Philips’s New Management Achieves Surprising Turnaround
Philips Electronics reported better-than-expected quarterly results, buoyed by one-off gains and a stronger…
Discussions to Release Frozen Saudi Investment in Egypt
The Egyptian government is currently meeting behind closed doors with a number of Saudi investors whose investments…
Automakers Launch New Models at Beijing Show
Ford unveiled a three-cylinder mini-SUV and Chrysler showed a dragon-theme Jeep on Monday as automakers rolled out…
General Holding Invests in Expansionary Projects
Hussain Jasem Al Nowais, Chairman of GHC said that -The Abu Dhabi government-owned- General Holding Corporation…
FBI: Hundreds of thousands may Lose Internet Access in July
The US Federal Bureau of Investigation (FBI) has warned that hundreds of thousands of computer users could lose…
Iran Establishes Condensate Refinery Using Own Resources for 1st Time
Iran for the first time will be building an oil refinery "Pars", using only its own resources, managing director of…
Suez Canal Q1 Revenues Increases 3%
Egypt's Suez Canal has posted a 3% rise, or $36.4m, in revenue to $1.255bn for the first quarter of 2012, compared…
Nokia Loses Ruling on Wireless Patent to IPCom in Germany
Nokia Oyj (NOK1V) lost a ruling in a German court today in a patent lawsuit brought by IPCom GmbH & Co.…