Nestle is to invest AED500m (US$136m) in the construction of a manufacturing facility in Dubai. The 175,000 sq ft facility, which will produce nutrition, culinary and coffee products, will be located in the Dubai World Central. Nestle ...
The acquisition will expand Avnet's suite of applications in high-growth technologies in EMEA Region Electronic components, connectors and technology applications provider Avnet has agreed to acquire the Magirus Group, a pan-European ...
Tags: acquisition, applications in high-growth technologies, expansion
Epson has unveiled its new thermal receipt printer TM-L90 Liner-free, which prints adhesive-backed receipts and provides an automated method for labeling food and drink orders. The system enables restaurants, cafes and coffee shops to do ...
Tags: printer, Epson, thermal receipt paper
UAE - Barco has signed a distribution agreement with AV expert TechnoPro LLC. TechnoPro will ensure the availability, delivery and support for Barco's projection and image processing products, including the award-winning new range of ...
Tags: Barco, AV expert TechnoPro LLC, image processing, projector
Brasil Foods (BRF) has signed a binding agreement to buy a 49% stake, and management control in Federal Foods, a privately-held company headquartered in Abu Dhabi, for $36m. This acquisition will be part of BRF's strategy to strengthen its ...
Tags: binding agreement, management control, processed products facility
Morocco based Saham Finances has signed a deal with Bank Audi - Audi Saradar Group to buy 81% of the capital of LIA Insurance for an undisclosed amount. The deal is subject to customary closing conditions and concerned regulatory ...
Tags: Saham Finances, Morocco, Audi Saradar Group, LIA Insurance, insurance
Swiss food company Nestlé plans to invest AED500m ($136.09m) to set up a manufacturing plant at Dubai World Central business park, Dubai, a move that will help the company better serve the Middle East. The plant, which will be ...
The Worldwide Project Consortium has welcomed Sphinx Egypt Ltd. Co to its specialist global logistics network. WWPC General Manager, Kevin Stephens, based in Queensland, Australia, said today (December 11, 2006) Sphinx Egypt, with offices ...
Italcementi s net profit for the first nine months of 2012 has fallen by 92% to Euro17.1m from Euro213m in the same period in 2011. The Italian cement major blamed the on-going crisis in western Europe and new competition in Egypt and ...
Tags: market view, cement
Liam Condon (44) has been appointed Chairman of the Executive Committee of the Bayer CropScience subgroup and Chairman of the Board of Management of Bayer CropScience effective December 1, 2012. The decision was made by the Supervisory ...
Tags: Bayer, Liam Condon, DAAD, Bayer CropScience
Middle East-Robert Juliat has announced the appointment of Venuetech as its new distributor for the Middle East region. Venuetech has been established as a turnkey supplier of lighting,sound and video solutions for the entertainment and ...
Tags: Middle East, distributor, entertainment and architectural markets
Shanghai,China:Ashley Furniture opened its first store in China on May 18,2012.At the grand opening ceremony of the new 35,000 sq ft(3,251 sq m)store,Ashley's CEO,Todd Wanek,hinted that more stores are to follow,not only within the nation ...
Tags: Furniture, International, Furnishing