Crime analytics software company Wynyard Group, has won a multi-year contract with UAE-based Gulf Cooperation Council (GCC) Exchange for its anti-money laundering software subscription
Technology
Al Noor Hospitals buys cancer care centre for US$21.8 million
UAE-based Al Noor Hospitals Group has agreed to acquire Gulf International Cancer Centre (GICC) for an initial cash consideration of US$21.8mn
South Korea?s LG Electronics plans to open 20 new stores in Middle East
South Korean electronics manufacturer LG Electronics has announced plans to open 20 more stores across the Middle East and expects to grow its business by 10 per cent in the region, in 2014
Arabtec to raise US$136.1 million for expanding MEP business
Construction group Arabtec Holding has announced plans to raise US$136.1mn through a share issue to expand its mechanical, electrical, and plumbing (MEP) business, Emirates Falcon Electromechanical Company (EFECO)
Iraq to build US$472 million industrial city
The government of Iraq has approved plans to construct a US$472mn industrial city in the Al Anbar Governorate, which will be dedicated to small and medium enterprises