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Bosch registers sales growth in the Middle East

14 August 2015 Comments (0) Business, Featured

Bosch

The Middle East is proving to be a lucrative market for Bosch, a German multinational company with expertise in engineering and electronics. The company closed the 2014 fiscal year with AED 945 million (approximately USD 257 million) in consolidated sales across 15 countries in the region, representing an increase of seven per cent over the previous year.

Since the opening of its regional office in Dubai a little over ten years ago, Bosch has experienced continued expansion and sales growth in the Middle East. The UAE now accounts for the highest sales in region, with the largest percentage of growth coming from power tools business.

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From the Bottom(ish) Up: Aliko Dangote, Africa’s Richest Man

7 August 2015 Comments (0) Featured, Leaders

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Aliko Dangote is Africa’s richest man. Valued at $17.4billion, this Nigerian magnate is the 67th richest billionaire in the world, one of an elite circle of fabulously wealthy individuals who have made their fortunes in the poorest region of the world. Thirty years ago, Dangote received a loan from his uncle, which he used to break into commodity trading. In the intervening decades, 54-year-old Dangote has managed to build a multinational trading empire.

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Bernard Dunn – the new President of Boeing Middle East

1 August 2015 Comments (0) Featured, Leaders

Bernard Dunn

On May 20, 2015 The Boeing Company named Bernard Dunn the new president of Middle East Division. He succeeded Jeff Johnson who moved to the US in March 2015 to become a vice president of business development at Boeing Military Aircraft.

Dunn is now in charge for fulfilment of Boeing’s strategy towards Middle East and the company’s business development in Middle East region. He is responsible for GR, partnership development, expanding Boeing presence and improving company relationships with customers and shareholders. He will cooperate with the President of Boeing Saudi Arabia Ahmed Jazzaar.

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