Business & Management

Zuari Agro Chemicals to build US$950mn chemical facility in Ras Al Khaimah

Indian fertiliser company Zuari Agro Chemicals has decided to invest US$950mn into the construction of an integrated diammonium phosphate (DAP) facility in Ras Al Khaimah Maritime City

Last Updated: Friday, 04 April 2014 15:06

Philips buys major stake in Saudi Arabian lighting company

Philips has signed an agreement to acquire 51 per cent of Saudi Arabia's General Lighting Company (GLC) for US$235mn and form a joint venture (JV) under the name Philips Lighting Saudi Arabia

Last Updated: Tuesday, 18 March 2014 17:11

China keen to invest in the Middle East in 2014

The Middle East is expected to see a sizable amount of outbound mergers and acquisitions (M&A) deals from China in 2014, according to a new survey

Last Updated: Friday, 07 February 2014 06:07

Al Noor Hospitals buys cancer care centre for US$21.8 million

UAE-based Al Noor Hospitals Group has agreed to acquire Gulf International Cancer Centre (GICC) for an initial cash consideration of US$21.8mn

Last Updated: Tuesday, 31 December 2013 10:14

South Korea’s LG Electronics plans to open 20 new stores in Middle East

South Korean electronics manufacturer LG Electronics has announced plans to open 20 more stores across the Middle East and expects to grow its business by 10 per cent in the region, in 2014

Last Updated: Friday, 27 December 2013 09:34

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