Raysut Cement Company announced that it saw a 27.7 per cent fall in net profit at US$53.8mn for last year, due in part to a big fall in sales.
Raysut Cement Company net profits drop
Technology
Lack of skills remain a challenge
A new study has shown that a lack of skills is the biggest challenge CIOs in the GCC face, both internally as well as within their partner ecosystem, when it comes to increasing investment in IT security and storage.
Jordan?s 2011 budget deficit falls
The minister of finance announced that Jordans budget deficit fell by US$704mn which amounted to 5.3 per cent of gross domestic product (GDP).
Emerson Process Management opens flow calibration and service center
Emerson Process Management, a wholly-owned Emerson company offering the broadest range of process automation solutions has announced the opening of its new Middle East Flow Service Center in Abu Dhabi.
Cost-effective in Saudi Arabia
Through a partnership with Saudi Telecom Company (STC), BT announced it has made it easier and more cost effective for multinational companies in Saudi Arabia to connect to their international operations by launching a local Point of Presence (PoP) of its global Multi-Protocol Label Switching (MPLS) network.
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