Corporate World

A new facility opened today by Honeywell (NYSE:HON) has become Kuwait’s first certified in-country manufacturing, integration and testing center for advanced automation technologies.

Following a competitive pitch process, Havas Media Middle East has been appointed as the media agency for Bounce Middle East. The partnership will see Havas Media ME handle the media strategy across the entire GCC region.

noon, the Middle East’s homegrown digital marketplace created in the region and powered by the region’s leading retailers, has announced its imminent expansion into Egypt.

Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 697.5 million for the year 2018, representing a rise of 12.7% as compared to the net profit of US$ 618.7 million in 2017. The net profit in Q4/2018 was US$ 169.3 million as compared to US$ 150.0 million in Q4/2017.

ALE and Cofrex signed a partnership contract on February 18th 2019 in order to equip the France Pavilion at the Universal Exhibition which will take place in 2020 in Dubai, UAE, from October 20 2020 to April 10 2021.