Corporate World

Effective April 1st Wacom's operations which have been managed on regional bases will be regrouped into global business units (BU) according to user categories, with a view to addressing market needs more quickly and flexibly and accelerating further business growth. To execute each organization’s missions effectively, Executive Vice Presidents (EVP) will be assigned to respective business units, replacing the current executive officer system.

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Jotun, the region’s leading paint manufacturer, has unveiled their most beautiful paint innovation ever. Jotun knows that beautiful colours make beautiful homes and their latest innovation, Fenomastic My Home, features three new themes with an array of colours that are sure to take interior style and decor to a whole new level.

Set to be Jotun’s most beautiful paint ever, the additions to the existing Fenomastic offering are based on extensive research and development ensuring home owners achieve colour precision for rich interiors.

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Red Sea Housing Services Company (RSHS), has announced the appointment of Mr. Prabhakar Kesavan as its new Chief Financial Officer (CFO). In his new role, Mr. Kesavan will oversee the finance, accounting, tax and treasury departments of RSH’s Industrial Housing, Building Materials, and Affordable Housing platforms.

Based on his 25 years of professional experience in finance, Mr. Kesavan was selected from a comprehensive list of distinguished global peers by RSHS’s senior management team and the Nomination and Compensation Committee of the company's Board of Directors. In his current capacity as Group CFO, he will collaborate in delivering RSH’s 2020 Growth Strategy.

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Cairo University has signed a three-year agreement with ICDL Arabia, the regional arm of the ECDL Foundation, to enhance students’ digital proficiency in a bid to align their skills with today’s job market demands. Under the terms of the agreement, university students will receive funding assistance worth USD 300,000 to improve their ICT skills and help them obtain their ICDL certificate.

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ECCO, the maker of the world’s most comfortable, stylish and technically advanced footwear has further expanded its retail presence in the UAE with the launch of its 17th store in the country at Ibn Battuta Mall. The 1,528 sq foot store will offer the mall’s customers a selection of innovative, high-quality shoes, premium leather bags, wallets and accessories.

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