Business & Management

Tech Mahindra seeks partnership in Middle East for expansion

tech mahindraIndian technology company Tech Mahindra is in talks for joint ventures in Iraq and Algeria to expand its presence in the Middle East

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British firm Serco signs first defense deal in Middle East

SercoBritish outsourcing firm Serco has signed its first defence contract in the Middle East, an approximately US$44mn deal, to deliver education courses to officers of the Qatar Armed Forces

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Alaa For Industry celebrates 30 years in business

Alaa for Industry AFI headoffice in Damman Saudi - EDITAlaa For Industry (AFI) is celebrating its 30th anniversary since it opened the first showroom and workshop in Damman, Saudi Arabia

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Eaton reveals 20 per cent boost in operating earnings

Honeywell new flowmeter USM GT400 Ultrasonic - EDIT FINALEaton has revealed that it made US$483mn in operating earnings in the first quarter of 2014, excluding pre-tax charges of $66mn to integrate recent acquisitions, which is a 21 per cent growth on the same period last year

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EBRD to provide loan for MSMEs in Tunisia

tunis Tab59 flickrThe European Bank for Reconstruction and Development (EBRD) is providing a US$20mn loan to Compagnie Internationale de Leasing (CIL) lending purposes for local micro, small and medium-sized enterprises (MSMEs) in Tunisia

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