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Topic - Middle East
Jul 04, 2008
To further strengthen relations between South Africa and the United Arab Emirates, the Dubai Airport Free Zone (DAFZ) and the Southern African Department of Dubai Tourism and Commerce Marketing are involved in an initiative to encourage South African companies to...
Jul 04, 2008
The partnership between Mercedes Benz, in Germany, and South African defence firm LMT Holdings, has secured an extension to its original R610-million contract to supply the Canadian Forces with 82 armoured trucks.
Jun 27, 2008
In April, leaders from across the global aviation industry – associations, aircraft manufacturers, engine manufacturers, airlines, airport companies, and air traffic control providers – affirmed their and their companies’ and organisations’ commitment to...
Jun 27, 2008
Jun 27, 2008
Cover story on projects being pursued by global aviation industry to reduce its impact on the environment, and showing the considerable progress alreaady made.
Jun 26, 2008
Attached please find a press release on: Softline Pastel’s 145-agent contact centre, provider of support services to its accounting software customers, won multiple awards at the 3rd annual benchmarking competition. Finalists not only...
Jun 24, 2008
Jun 23, 2008
Vehicle tracking and fleet management company Telimatrix, which on Monday released its maiden year-end results since listing on the JSE in November last year, said it remained optimistic about the growth prospects of its business going forward. Telimatrix CEO Stefan...
Jun 20, 2008
Jun 20, 2008
Jun 20, 2008
Jun 17, 2008
Jun 13, 2008
ROCKETING oil prices may be hammering the commercial airline industry, but they are stimulating the commercial helicopter sector worldwide, and opening a major new opportunity for South African-owned and -based Starlite Aviation
Jun 13, 2008
Much of the focus in the telecoms market at present is on the potential for megasized corporate activity, with JSE-listed mobile operator MTN being at the very centre of attention. In addition, much attention is also being paid to Asia and Africa, especially given...
Jun 09, 2008
A "rising tide" of African consumerism was creating opportunities for New York-listed chemicals-plastics company Dow, the company's president India Middle East Africa John Dearborn said in Johannesburg on Monday.
Jun 09, 2008
New York-listed chemicals-plastics company Dow on Monday announced the appointment of Sazi Lutseke as the company's new Southern African MD.
Jun 06, 2008
Kuwait-based Mobile Telecommunications Co (Zain) is keen to acquire a licence to become South Africa's fourth mobile operator, which the government has said could become available in 2009. Chris Gabriel, Zain Africa's chief executive, told Reuters in an...
Jun 06, 2008
Attached please find a press release on: Norman Gilsdorf, the recently appointed Vice President and GeneralManager for Honeywell’s Europe, Middle East and Africa region, visited the South African operatations recently as part of a familiarisation tour.
Jun 06, 2008
Civil and geotechnical engineering contractor Esor’s CEO, Bernie Krone, revealed at the company’s results presentation that the company was considering expanding into other regions following the “good year” it has had.
Jun 06, 2008
Oceanographic and meteorological measurements company, Metocean Services International (MSI), has completed a $95 000 contract to carry out a metocean data collection programme for petroleum products importer, Tema Offshore Mooring Limited (TOML) in Ghana, reports...
Jun 04, 2008
Jun 04, 2008
US car maker General Motors (GM) announced on Tuesday that it was undertaking a strategic review of its Hummer brand. New-generation Hummers (H3s) are manufactured at only two plants worldwide, namely GM's plant in Shreveport, in the US, which assembles H3...
May 30, 2008
Multi-trade shipping line Safmarine has named its second post-panamax container vessel, the Safmarine Komati, after the Komati river that runs through South Africa, Swaziland and Mozambique, the company announced on Friday. The 6 160 twenty-foot equivalent unit...
May 30, 2008
The project will involve the construction of a hotel and retail complex in George, in the Western Cape.
May 30, 2008
Communications service provider Nokia Siemens Networks South Africa has experienced an eventful first year following its rapid transformation to support the growth of the connected world in the Middle East and Africa region.
May 28, 2008
Countries in sub-Saharan Africa would continue to see only slow rating progression, because time was needed to establish a track record of prudent debt management as development spending increased, and to address other formidable rating constraints, UK-based ratings...
May 26, 2008
South Africa's MTN Group has started talks with Indian mobile operator Reliance Communications that could create a $66-billion emerging markets telecoms group. Indian number two Reliance quickly stepped into the void after bigger rival Bharti Airtel pulled out...
May 23, 2008
Within a relatively short time span, fibre-optic cables for telecommunications have become the preferred means of communication between countries. Unfortunately, Africa is still especially disconnected and still extensively employs expensive satellite systems to...
May 23, 2008
Within a relatively short time span, fibre-optic cables for telecommunications have become the preferred means of communication between countries. Unfortunately, Africa is still especially disconnected and still extensively employs expensive satellite systems to...
May 21, 2008
The board of JSE-listed construction firm Group Five on Wednesday announced the appointment of Cristina Teixeira as CFO, effective 1 June 2008. Teixeira has been group FD since 2007 and has effectively acted as custodian of the CFO function over the last year. Prior...
May 20, 2008
Oil rose to a new record above $129 a barrel on Tuesday, spurred by strength in refined oil products markets, led by diesel, and a weak dollar. US light crude's June contract, due to expire later on Tuesday, rose to an all-time high of $129,31 a barrel and by...
May 20, 2008
Attached please find a press release on: MAZ Aviation has placed a commitment for six Airbus A350 XWB Prestiges to serve its customers, in what is the first deal for the type in the Middle East. The deal is also the largest single deal ever for Airbus corporate...
May 19, 2008
Cyprus Trading Corp (CTC) agreed to buy up to 50% of local mobile telephone operator Areeba from South Africa's MTN, CTC said on Monday. CTC said the deal would see it gradually build up a 50% shareholding. The agreement was brokered with Areeba, which trades...
May 16, 2008
The Ngqura deep-harbour port at the Coega industrial development zone (IDZ), in the Eastern Cape, has the potential to be the Southern Hemisphere’s only shipping hub, says Safmarine senior key account executive for South African based accounts, Alan Jones.
May 14, 2008
Airbus, one of the two biggest airliner manufacturers in the world, continues to expect air traffic, measured in route-passenger kilometres, to double over the next 15 years. This is despite the rising fuel prices. Speaking to journalists in Toulouse, France, on...
May 14, 2008
Having reported a "solid set of results" for the half year ended March 2008, Dimension Data confirmed that the focus of its growth going forward would remain primarily organic, however, in high growth markets, where the company believed a direct presence...
May 13, 2008
Private equity funds in Africa are soaring, the Organisation for Economic Co-Operation and Development (OECD) said on Tuesday, describing the development as the "African investment story to watch". As part of its 2008 African Economic Outlook, the OECD...
May 13, 2008
In spite of the amplified negative sentiment as a result of the global property downturn and the electricity deficit in South Africa, property services group JHI on Tuesday said it was determined to deliver between 15% and 20% year-on-year revenue growth in 2008....
May 13, 2008
May 12, 2008
May 09, 2008
International process control instrumentation and process automation solutions provider, Emerson Process Management, which also supplies control valves and valve-related instrumentation, has opened a regional office in South Africa to offer additional support to its...
May 08, 2008
Oil futures were steady over $123 a barrel on Thursday, pulling back from a record high as the dollar's rise to a two-month high against the euro offset news of falling US diesel stockpiles. US crude for June was up 2 cents at $123,55 a barrel by 02:28 GMT, off...
May 05, 2008
South Africa and Qatar are to advance cooperation by consolidating bilateral political, economic and trade relations. President Thabo Mbeki, accompanied by the First Lady Zanele Mbeki, will on Monday depart for Doha, Qatar, for a two-day state visit.
Apr 24, 2008
Information and communication technology (ICT) solutions and services company Dimension Data announced on Thursday that it had acquired a 51% stake in Data Processing Systems (DPS), a United Arab Emirates (UAE) based Information Technology systems integrator, for an...
Apr 23, 2008
Africa's biggest mobile firm, MTN, rang up an extra 11% in its subscriber base in the March quarter, with its total subscriptions sitting at 68,2-million. The main contributor to this rise was its Iran operations, which grew connections by 50% to nine-million...
Apr 23, 2008
The demand for large diamonds continued to remain strong, despite the weakening US economy, diamond-miner Gem Diamonds said on Wednesday, when it released its maiden annual results.
Apr 21, 2008
Oil held below $117 a barrel on Monday, supported by worries of supply disruptions in Nigeria and comments by OPEC that it saw no need to increase production. US light crude for May delivery fell 4 cents to $116,65 a barrel by 06:23 GMT, after briefly touching a new...
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