Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.
Middle East
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Retail giant Lulu Hypermarkets, under the leadership Yussuffali MA is expanding to Asia, North Africa and Middle East.
The fifth global business unit for Ford serving the Middle East and African regions would be headquartered at Dubai, in the UAE.
UAE's Emirates Telecommunications Corp. (ETISALAT) would be the new owner of a portion of Vivendi SA's stake in Maroc Telecom SA.
Countries such as Libya, Syria and Afghanistan as well as African countries such as Mozambique have become prime targets for Indian investments.
The new joint venture to participate in projects in the Middle East and Africa comprised of Arabtec and Samsung Engineering Co.
New appointments to HSBC Holdings management staff were recently announced to respond to the recovery in the region's financial markets.
AT&T, with its hub in Dubai, has offered IP virtual private network services to multinationals doing business in the Gulf region and in Africa.
The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
The UAE railway network's first phase has been completed.
An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.
China Petrochemical Corp.'s unit, Sinopec International Petroleum Exploration & Production Corp. had agreed to pay USD3.1 billion for Apache's Egyptian oil and gas businesses.
The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.
Orix Corp. stated it would invest half a billion dollars in fast growing markets.
ZTE announced that they were awarded a contract for 3G wifi router
