Colors: Blue Color

Eros Group - the sole distributor of world-renowned brands, including Samsung, Hitachi, TCL and Midea, has added premium electronics brand to its impressive portfolio. Eros Digital Home stores will now showcase multi brand products from Ariston, Amazfit, Vaio, Avita, Huawei IdeaHub, Rinnai and Saregama, from Asia’s and Europe’s top electronics manufacturers.

Lincoln continues to steadily steer through challenging times with a successful first quarter of 2021 in the Middle East. The brand announced a 21% increase in sales in the GCC; the highest first quarter increase since 2016. The top performing models in the first quarter included Lincoln’s flagship model, the Navigator, which grew by 7% vs. the prior year, next to the Aviator and Corsair which grew by 108% and 98% respectively.

Volvo Group has signed definitive agreements to acquire 60 percent of Designwerk Technologies AG, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems. By investing in Designwerk Technologies, the Volvo Group will complement its current capabilities when it comes to niche products and solutions.

Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of 2021. Oman Arab Bank has also recently finalized the acquisition of Al Izz Islamic Bank, a full-fledged Islamic bank, accordingly strengthening its presence in the Sultanate of Oman, in line with Arab Bank’s strategy to reinforce its business in the Gulf region. The consolidation of Oman Arab Bank under the Group accounts has materially increased the size of Group balance sheet during this period, with total assets increasing by $8.1 Billion and loans and deposits each increasing by $7.1 Billion.

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