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Tag Archives: MENA

Samsung Showcases 2012 Vision To The Middle East And North Africa Region

Empowering the new age consumer of today Beirut, Lebanon (March, 2012)  Samsung Electronics Co., Ltd, a market leader and award-winning innovator in consumer electronics, showcased its diverse array of new products at the Samsung Middle East and North Africa Regional Forum in Istanbul.  Embracing its new guiding philosophy of “Pushing Boundaries,” the company shared its strategy to expand its European …

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Applexus Flexes its Wings to the Middle East

Sharjah office marks a milestone in furthering Applexus’ development and innovation agenda in support of end-to-end IT solutions Sharjah-March 26, 2012: Applexus Technologies, a leading provider of IT services and solutions today announced the opening of its first office in the Middle East region. The Sharjah office will serve as the regional headquarters to MENA, providing support for growth and …

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Commitment to the MENA delivers results, with positive outlook for 2012

Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK), the fast growing multinational pharmaceutical group, with sales in more than 40 countries across Europe, MENA and the USA, reports its preliminary results for the year ended 31 December 2011. Group revenue increased by 25.6% to $918.0 million, with organic growth of 7.6%, in line with the company’s guidance. Adjusted operating profit grew by …

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SAP announces four-year US $450 million additional spend in MENA

More than 500 new SAP jobs to be created, consultant capability to triple DUBAI, United Arab Emirates, March 12, 2012 SAP AG SAP +0.43% today announced a four-year plan worth US $450 million (AED1.65 billion) to up-skill local talent and drive sustainable innovation and growth in the Middle East and North Africa (MENA) region. The decision highlights the region as a fast-growth market …

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World Bank Announces Broadband Connectivity Initiative for Middle East and North Africa

The World Bank launched a regional initiative to improve broadband connectivity in the Middle East and North Africa (MENA) region by bringing utilities’ fiber optic networks into broadband use. The Bank also announced a new focus on citizen participation in the creation of information and communication technologies (ICT) solutions to development problems, building on the success of the Cairo WaterHackathon. …

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Abu Dhabi bets on anti-dust solar panels

[CAIRO] Abu Dhabi is teaming up with a global electronics company to develop better coatings for solar panels to make them cheaper and easier to keep clean in desert conditions. The Middle East and North Africa (MENA) region stands to benefit from concentrated solar power (CSP) — a technology that uses lenses or mirrors to focus large amounts of sunlight onto …

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North Africa: Researchers strike gold with nanoparticle virus test

An Egyptian research team has won a prize for developing a hepatitis C test using gold nanoparticles. The test could become a cheap and rapid way to screen people and blood banks for the virus.

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Genpact Inaugurates Delivery Center in UAE

Genpact Limited (NYSE: G), a global leader in business process and technology management, today announced the opening of its Dubai, United Arab Emirates (UAE) global delivery center. The 80-seat modern center set up in Dubai as a licensed partner of Dubai Outsource Zone (DOZ), a member of TECOM investments, will provide business process services such as claims processing, customer service, …

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Citadel Capital Ranked No. 1 PE Firm in Africa for 3rd Year

Citadel Capital, the leading private equity firm in the Middle East and Africa with investments of US$ 8.6 billion under control, has been ranked the number one private equity firm in Africa for the third year in a row in Private Equity International’s annual ranking of the world’s largest and most active PE firms.

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Winner of INJAZ Young Entrepreneurs Competition 2010 Announced

Congratulations to The Fifth Wheel for winning Best Company at this year’s INJAZ Young Entrepreneur Competition 2010 which took place in Morocco. The Lebanese team from St. Joseph School took on 12 other Arab teams to win the coveted title. The winning company was chosen by an esteemed panel of judges including Sam Schamma of Intel, Maher Qaddoura of Meydan, …

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