Khaled Juffali Company, KJC Ltd. and Hilti Saudi Arabia for Construction Tools signed in Jeddah their Joint Venture to create enthusiastic customers and build a better future for both companies.

For KJC means the sponsorship in KSA of another important international brand and increasing its presence in the construction industry. For Hilti the support of Juffali will strengthen"...

Following the acquisition and integration of Nexar, Union Bancaire Privée, UBP SA has launched an alternatives division that offers clients broad alternative investment expertise, as well as innovative solutions. As part of this strategy, it has selected Guggenheim Fund Solutions (GFS) as its partner to provide clients with a state-of-the-art platform that combines carefully sourced, dynamic, high-potential hedge fund managers with a next-generation solution that delivers the transparency, governance, and structural"...

Business Momentum Continues

• Deposit Balances up 5 Percent From Q1-12 to $1.1 Trillion
• First-lien Mortgage Production up 57 Percent From Q1-12 to $24 Billion
• Global Wealth and Investment Management Reports Record Post-merger Revenue, Net Income and Long-term Assets Under Management Flows
• Consumer Credit Loss Rates Reaching Five-year Lows
• Commercial Loan Balances up 17 Percent From Q1-12 to $367 Billion
• Maintains No. 2 Ranking in Global Investment Bank Fees; up 26 Percent"...
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High net worth individuals (HNWI’s) living in the GCC who can’t do without a supercar or two when they descend on the French Riviera, will now have seamless access to the familiar and customized support services of Al Ghassan Motors, the leading premium car dealer in the Gulf, for the first time through their European showroom in Cannes, France scheduled to open before the 2013 summer season.

In"...

AquaFold, Inc. has released Aqua Data Studio 13, an important upgrade to its universal database query and management software, allowing users to design and administer the latest class of relational and embedded databases. The focus of this release, coming just seven months after version 12, is native support for high-end databases such as Vertica from Hewlett-Packard and Greenplum from EMC, as well as the embedded database SQLite for Android.

The International Association of Ports and Harbors has released the Conference Agenda for its upcoming 28th World Ports Conference to be held May 6-10th at LA Live in downtown Los Angeles. The bi-annual conference of global port authorities will address an array of economic, security, logistics and environmental aspects of port operations worldwide.

“The agenda for the 28th World Ports Conference"......

Cegedim Relationship Management today announced that it is the recipient of Frost & Sullivan’s esteemed 2013 Customer Value Enhancement Award in Mobile Sales Force Automation (SFA). The award is presented each year to the company that has demonstrated excellence in implementing value-generating strategies, and in achieving ROI improvements for customers through its best-in-class offerings.

Vertical"......

Many insurers in Saudi Arabia are reporting deteriorating underwriting results at a time when the market’s growth is slowing, according to a new report from A.M. Best Co. Analysis shows that in recent years the market’s combined ratio has been increasing, while real premium growth has decelerated, leaving insurers to compete mainly on price.

The report, titled"...

SubOptic 2013

Xtera Communications, Inc. (“Xtera”), a leading global provider of optical networking solutions, today announced the launch of a next-generation optical repeater for subsea cable systems. This enhances Xtera’s well-established portfolio of solutions for subsea cable systems, putting Xtera in a position to offer a range of elements on a full turnkey basis that will allow service providers to build high performance and highly reliable submarine cable systems with significantly improved reach and capacity.

The Board of Directors of Oberthur Technologies, a world leader in the field of secure technologies, announced today the appointment of Didier Lamouche as Chief Executive Officer of the Company.

Didier Lamouche is a well-known CEO in the industry, bringing to the role more than 25 years' experience gained across multiple industries like Semiconductor, Information Technology"...