Business & Management

Gulf companies to see increased restructuring

PwC_comCompanies in the Middle East are set to witness augmented restructuring as they take a studied approach towards organising their businesses, according to PricewaterhouseCoopers (PwC)

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EDF and Areva open Riyadh office

Solar_N_A_I_TEDF and Areva have opened a joint office in Saudi Arabia’s capital Riyadh in an attempt to target the Kingdom’s growing solar and nuclear industries

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GCC non-oil growth to continue in 2012-13

Doha_skylineEconomies across the GCC have been predicted to continue growing strongly after experiencing growth at 4.6 per cent annually during 2010-2011, according to a new report by Qatar National Bank (QNB) Group

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Jotun posts strong growth for Q1

JotunJotun Group has recorded a nine per cent growth in operating revenues in Q1 2012 as regional sales in the powder coatings and paints divisions increased

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Nass defies market conditions to post Q1 profit growth

Nass_CorpBahraini construction firm Nass Corporation has announced a net profit of BHD 1.938 million (US$5.1 million) for the first quarter of 2012, representing a slight rise from the BHD 1.827 million (US$4.8 million) posted for the same period in 2011

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