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Monday, 19 August 2013

Moonway Group, a leader in household lighting gadgets and consumer electronics, has released a new line of multifunctional household products that come with a whole range of advanced features.

Monday, 19 August 2013

Bahrain-based Investcorp has agreed to sell a majority stake in British online payments services firm Skrill Group to private equity group CVC Capital Partners for 600 million euros ($800 million).

Monday, 19 August 2013

Sage Middle East, a UK-based provider of business management software, has appointed Reggie Fernandes as the regional director for its Middle East operations.

Monday, 19 August 2013

Abu Dhabi's Tourism Development and Investment Company (TDIC) has invited pre-qualification bids for the main contract works for the Guggenheim Abu Dhabi Museum.

Monday, 19 August 2013
Saudi Arabia's Ministry of Housing has signed contracts worth SR4 billion ($1.066 billion) to develop eight residential districts in different parts of the kingdom, a report said.
 
Monday, 19 August 2013
Saudi Electricity Co has approved the resgnation of its long-serving chief executive, Ali bin Saleh Al-Barrak, "upon his own request", the company said on Monday.
 
Monday, 19 August 2013
At least 24 Egyptian policemen were killed in an explosion on Monday near the North Sinai town of Rafah, medical and security sources said.
 
Monday, 19 August 2013
Bahrain-based Arcapita Bank has announced that it has sold 3PD Holding, a leading last-mile logistics company in the US and Canada, for $365 million. 
 
Monday, 19 August 2013

Saudi Arabia’s Communication and Information Technology Commission (CITC) has implemented the second phase of changing area codes for five provinces to increase the telephone numbers by a minimum of 500 million, a report said.

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