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AME Info: Optimistic forecast for EMEA hotels investment market in 2010, following static first half of year
The first half of 2010 has demonstrated that the EMEA hotel investment market is starting to pick up, with growth expected to accelerate even more in the second half of 2010 according to Jones Lang LaSalle Hotels. Transaction volume rose marginally to €1.6bn at the end of H1 2010, representing a 6% year on year increase.
AME Info: Aldar reports H1 2010 financial results
Aldar Properties PJSC, Abu Dhabi's property development investment and management company, today announced its financial results for the six month period ended 30 June 2010. Revenue for the period was Dhs427.0m compared to Dhs1,068.1m for the corresponding period last year. The decrease was principally due to lower property sales recognised. However, recurri ...
AME Info: RSA Middle East announces Managing Director for Oman operations
RSA Middle East today announced the appointment of Tony Chaudhry as the Managing Director for its Oman operations. Tony's appointment will be with immediate effect.
AME Info: Software AG increases earnings by 33%
Software AG (continued to show strong growth in Q2 2010 with total revenues up by 52% to €267.3m. The high growth was driven by the webMethods business division with license revenue up by 31% and earnings more than doubled. This confirms the trend of recent quarters that the new webMethods business division is now a driver of earnings growth as well as ...
AME Info: Samsung announces Mobile Phone Division H1 results
Samsung Electronics Co. Ltd., a leading mobile phone provider, today announced its Egypt H1 2010 growth figures for the Mobile Phone Division. The results were announced at the Samsung Mobile Workshop which also witnessed the launch of Samsung's latest mobile phone offerings to Egypt including the Samsung Wave (model: S8500) and Samsung Champ (model: GT-C3300K).
AME Info: Etihad Airways extends sponsorship with UK rugby club
Etihad Airways has extended its sponsorship deal with Aviva Premiership rugby union team, Harlequins, until May 2011. The Abu Dhabi-based airline began the partnership with London side Harlequins in 2007, with an initial three-year agreement.
AME Info: Distree XXL 2011 dates announced
Distree XXL 2011 will take place in Monaco on February 8th to 11th. Distree XXL is Europe, Middle East & Africa's (EMEA's) premier independent channel event, offering a powerful platform for Information Communications Technologies (ICT) & Consumer Electronics (CE) vendors to meet key first-tier partners from 80-plus countries.
AME Info: Arinc announces new international division
John M. Belcher, Chairman and CEO of Arinc Incorporated, today announced the creation of a new International Division to lead the company's operations in Asia-Pacific, Europe, the Middle East, and Africa.
AME Info: Al Jabr Automotive launches Kia Sportage with Dynamax AWD system
Al Jabr Automotive, sole distributor in Saudi Arabia for Kia Motors, officially launched the new Dynamax All-Wheel-Drive (AWD) system in the all-new Kia Sportage, which was the result of the partnership between KIA Motors Corporation and Magna Powertrain, part of Magna International Inc.
AME Info: Bank Audi acquires majority stake in Arabeya Online 'AOLb'
Bank Audi sal - Audi Saradar Group, the largest bank in Lebanon, announced today that it has agreed to acquire a majority stake in Arabeya Online 'AOLb' (part of Naeem Holding), the first online trading platform in Egypt. The closing of the deal is subject to a number of conditions precedent, including receipt of regulatory approvals.
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·Optimistic forecast for EMEA hotels investment market in 2010, following static first half of year
The first half of 2010 has demonstrated that the EMEA hotel investment market is starting to pick up, with growth expected to accelerate even more in the second half of 2010 according to Jones Lang LaSalle Hotels. Transaction volume rose marginally to €1.6bn at the end of H1 2010, representing a 6% year on year increase.
·Aldar reports H1 2010 financial results
Aldar Properties PJSC, Abu Dhabi's property development investment and management company, today announced its financial results for the six month period ended 30 June 2010. Revenue for the period was Dhs427.0m compared to Dhs1,068.1m for the corresponding period last year. The decrease was principally due to lower property sales recognised. However, recurring revenues from operating businesses are showing continuous ...
·RSA Middle East announces Managing Director for Oman operations
RSA Middle East today announced the appointment of Tony Chaudhry as the Managing Director for its Oman operations. Tony's appointment will be with immediate effect.
·Software AG increases earnings by 33%
Software AG (continued to show strong growth in Q2 2010 with total revenues up by 52% to €267.3m. The high growth was driven by the webMethods business division with license revenue up by 31% and earnings more than doubled. This confirms the trend of recent quarters that the new webMethods business division is now a driver of earnings growth as well as the traditional Enterprise Transaction Systems business.
·Samsung announces Mobile Phone Division H1 results
Samsung Electronics Co. Ltd., a leading mobile phone provider, today announced its Egypt H1 2010 growth figures for the Mobile Phone Division. The results were announced at the Samsung Mobile Workshop which also witnessed the launch of Samsung's latest mobile phone offerings to Egypt including the Samsung Wave (model: S8500) and Samsung Champ (model: GT-C3300K).
·Etihad Airways extends sponsorship with UK rugby club
Etihad Airways has extended its sponsorship deal with Aviva Premiership rugby union team, Harlequins, until May 2011. The Abu Dhabi-based airline began the partnership with London side Harlequins in 2007, with an initial three-year agreement.
·Distree XXL 2011 dates announced
Distree XXL 2011 will take place in Monaco on February 8th to 11th. Distree XXL is Europe, Middle East & Africa's (EMEA's) premier independent channel event, offering a powerful platform for Information Communications Technologies (ICT) & Consumer Electronics (CE) vendors to meet key first-tier partners from 80-plus countries.
·Arinc announces new international division
John M. Belcher, Chairman and CEO of Arinc Incorporated, today announced the creation of a new International Division to lead the company's operations in Asia-Pacific, Europe, the Middle East, and Africa.
·Al Jabr Automotive launches Kia Sportage with Dynamax AWD system
Al Jabr Automotive, sole distributor in Saudi Arabia for Kia Motors, officially launched the new Dynamax All-Wheel-Drive (AWD) system in the all-new Kia Sportage, which was the result of the partnership between KIA Motors Corporation and Magna Powertrain, part of Magna International Inc.
·Bank Audi acquires majority stake in Arabeya Online 'AOLb'
Bank Audi sal - Audi Saradar Group, the largest bank in Lebanon, announced today that it has agreed to acquire a majority stake in Arabeya Online 'AOLb' (part of Naeem Holding), the first online trading platform in Egypt. The closing of the deal is subject to a number of conditions precedent, including receipt of regulatory approvals.
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