Business & Money | Wednesday 19 August, 2015 10:33 am

GCC BOARD DIRECTORS INSTITUTE APPOINTS H+K STRATEGIES AS CONTENT PARTNER

GCC Board Directors Institute (“BDI”) has appointed H+K Strategies (“H+K”) as content partner to the Institute for a period of three years.  The other content partners are PwC, McKinsey & Co, Heidrick & Struggles and Allen & Overy, while supported by...

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Business & Money | Wednesday 19 August, 2015 2:04 am

EY acquires leading international digital consultancy, Seren

EY has today announced its acquisition of Seren – an international digital consultancy based in the UK with a significant footprint in the MENA region. Seren is a leader in international digital design and innovation of customer service and experience, which works with leading firms across a...

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Business & Money | Wednesday 19 August, 2015 12:23 am

MANN+HUMMEL Agrees to Acquire Affinia Group

The MANN+HUMMEL Group, www.mann-hummel.com, based in Ludwigsburg, Germany, today announced that they have entered into a definitive agreement under which MANN+HUMMEL will acquire the global filtration operations (excluding its Affinia South America (“ASA”) operations) of Affinia...

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Business & Money | Wednesday 19 August, 2015 12:07 am

Seiko Instruments (SII) Releases New LDO Regulator

Seiko Instruments Inc. (SII) announced the release of the S-19311 Series automotive high input 36V LDO regulator with reset function, adopting a newly developed compact package TO-252-5S with high heat dissipation. The S-19311 can be connected directly to batteries, and the reset function allows...

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Business & Money | Tuesday 18 August, 2015 3:07 pm

TSYS Names Patricia Watson as CIO

TSYS (NYSE: TSS) today announced that Patricia A. Watson, a 17-year veteran of the financial services industry, has been named senior executive vice president and chief information officer (CIO) effective September 14.  “Patty is well respected throughout the financial services...

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Business & Money | Tuesday 18 August, 2015 3:03 pm

Qatar Rail extends Platinum Sponsorship to MEED’s 4th Annual Qatar Transport Forum

Qatar Railways Company (Qatar Rail) announced its participation as a Platinum Sponsor at the 4th Annual Qatar Transport Forum, which aims to focus on the sharp increase in transport project activity in Qatar over the next few years. The event will be held from the 14th to the 16th of September...

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Business & Money | Tuesday 18 August, 2015 3:00 pm

Pacific Life Re Australia Receives Regulatory Approval to Commence Writing Reinsurance Business

Pacific Life Re (Australia) Pty Limited (“Pacific Life Re Australia”) has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to commence writing life reinsurance business in Australia.  Pacific Life Re Australia is part of Pacific Life Re,...

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Business & Money | Tuesday 18 August, 2015 2:30 pm

Deloitte: VAT in the GCC – Old news or new chapter?

The recent action taken by the UAE to eliminate fuel subsidies with effect from 1 August 2015 ignited the debate on tax reform in the Gulf Cooperation Council (GCC) countries. Whilst these countries are facing an increasing amount of pressure on their national budgets, every GCC government...

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Business & Money | Tuesday 18 August, 2015 1:19 pm

NAMARIQ INVESTS SAR150 MILLION TO CONSTRUCT THE BIGGEST RESIDENTIAL LABOR CAMP

King Abdullah Economic City (KAEC) has announced the beginning of the construction and development works of its biggest residential camp for labors. The specially designed camp will occupy an area of 104,000 square meters with a capacity for housing more than 4,000 laborers who are working at...

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Business & Money | Tuesday 18 August, 2015 1:06 pm

UAE Ministry of Energy to host the 8th Exhibition of Electrical Industries in the Arab World

The UAE’s Ministry of Energy (MOENR), with support from key regional organisations including the League of Arab States, has officially announced the hosting of the 8th Exhibition of Electrical Industries in the Arab World (EEIAW) under the theme Minimise Energy, Maximise Energy Efficiency,...

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