Fulham Company Group, a leading supplier of lighting components and electronics for commercial and specialty applications, has signed a definitive agreement to acquire certain assets of the LED Driver business of Lumotech, based in Alkmaar, ...
JAC Motors remains the industry’s sales champion, having sold 300,000 S3s during the last 20 months. The S3 has set several records since its launch, from achieving a breakthrough of 10,000 units in its first month, to overtaking ...
Tags: JAC Motors, engine
Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...
Tags: Frozen Food, frozen food products
Almarai Company has evinced interest in acquiring a controlling stake in UAE-based National Food Products Company (NFPC). NFPC has initiated the competitive sale process for part of its share capital and has informed Almarai to progress ...
Tags: NFPC, National Food Products Company, Almarai, Acqusition
For the first time in Dubai and the Middle East, Instacar has launched its innovative technology driven services in the transport sector. The brainchild of UAE's new generation entrepreneur Mohammad Sharaf, launch of such a service comes ...
UAE based food producer National Food Product Company (NFPC) has begun construction of a new food manufacturing facility in Kizad. NFPC is considered as one of the largest food producers in the UAE and owns brands such as Oasis, Blu, ...
Tags: National Food Product, NFPC brands
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
Chinese President Xi Jinping meets with Sheikh Mohammed Bin Zayed Al-Nahyan, crown prince of Abu Dhabi of the United Arab Emirates, in Beijing, capital of China, Dec. 14, 2015. [Photo: Xinhua] A series of cooperation deals have been inked ...
China and the United Arab Emirates (UAE) will recognize the validity of driving licenses issued by each other, China's Ministry of Public Security (MPS) said on Wednesday. Under the agreement, the holder of a driving license issued by ...
Tags: driving licenses, UAE
Chinese Ambassador Chang Hua attends the opening ceremony. [Photo/Xinhua] A Chinese Cultural Zone was opened at the Hamdan Bin Zayed School in Abu Dhabi, the United Arab Emirates on Dec 9. The zone was donated by the Chinese Embassy in ...
Tags: Chinese Cultural Zone, UAE
Energy ministers from the 12 members of the Gas Exporting Countries Forum (GECF) agreed at the weekend on the need for "collective action" to address the issues facing the industry -- especially in the area of supply and demand, the GECF ...
Tags: GECF, gas industry
Lighting Science Group (LSG), a global leader in superior lighting solutions that are environmentally-responsible and energy-efficient, has been chosen as a founding partner in the $200 million plan that will make Pakistan's largest urban ...
State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
South Africa exported 5.93 million mt of thermal coal in September, slipping 15.1% year on year due to lower shipments to India, Europe, Turkey, Pakistan and the US, according to customs data released late Friday. The volume was, however, ...
Tags: South African, thermal coal, Exports
Agthia Group has signed an agreement to fully acquire Al Bayan Group of Companies, a leading bulk water player in the UAE. Financial details of the transaction have not been disclosed. The transaction is expected to close this month ...
Tags: Agthia, Al Bayan, bottled water