Business & Management

Roots Steel acquires Ginco Steel LLC and Polyco Co. Ltd


Roots Steel International Co. Ltd (Roots Steel Group), a leading Saudi Arabia-based manufacturer of pre-engineered metal building systems, announced the acquisition of two Sharjah-based companies - Ginco Steel LLC and Polyco Co. Ltd, both wholly owned subsidiaries of Bank of Sharjah.

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Abu Dhabi to impose waste disposal tax


Abu Dhabi has told local companies they would have to pay tax for waste disposal services within a plan to be enforced very soon with the aim of easing the financial burden on the government and cutting waste dumping.

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Tripp Lite eyes more partnerships in Dubai


Power protection, cooling and connectivity solutions provider Tripp Lite believes that Dubai remains a top choice in the region for companies to establish themselves in, a top official said.

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Nokia Siemens Networks completes Motorola Solutions acquisition


Nokia Siemens Networks (NSN) and Motorola Solutions, Inc. announced that Nokia Siemens Networks has completed its acquisition of Motorola Solutions’ Networks assets paying US$975mn in cash.

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SEC announces Q1 2011 preliminary results


Saudi Electricity Company's (SEC) net loss was significantly more than its estimates.

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