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Business & Management

AkzoNobel will have management control in Sadolin Paints Oman through its joint venture deal with Omzest. (Image source: AkzoNobel)

Netherlands-based paints manufacturer AkzoNobel has signed a joint venture agreement with Oman?s Omar Zawawi Establishment (Omzest) to acquire a 50 per cent stake in its Sadolin Paints business

DAMAC Properties founder Hussain Sajwani believes the Dubai property market is poised for sustainable growth in the near-term. (Image source: DAMAC Properties)

Dubai-based real estate developer DAMAC Properties has planned to raise US$500mn through an initial public offering on the London Stock Exchange before the end of this year

IDBs cheese manufacturing plant in Saudi Arabia would produce a range of fresh white cheeses. (Image source: Kjunstorm/Flickr)

The Irish Dairy Board (IDB), a cooperative enterprise of farmers, has announced plans to build a cheese manufacturing facility in Saudi Arabia, which would serve as its hub in the Middle East and North Africa (MENA) region

About 80 per cent of the loans approved by the SIDF for industries went towards new projects. (Image source: Edward Musiak)

The Saudi Industrial Development Fund (SIDF) has approved 44 loans worth US$430mn in Q3 2013 to finance 35 new industrial projects and the expansion of nine existing projects in the Kingdom

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