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Business Strategies for OIC* Markets
  
 
Jun 2010: Rabi Al-Thani/ Rajab 1431: Issue 32
 

 

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NEWS BRIEFS 
Top 100 Companies of the Muslim World
DS100

June 8-14, 2008

Edited by Zainab Mansoor

 

 

News Items by Sector/ Type:

Oil (3), Telecom (4), Airlines (2), Retail - Automobile (1), Chemical Manufacturing (1), Commercial Banking (1), Construction Services (1), Marine Cargo Handling (1), Trucking (1)

 


OIL



Saudi Aramco to hand out prestigious $3 bln Manifa contract


DS100 Ranking: # 1
Company: Saudi Arabian Oil Company
Country: Saudi Arabia
Industry: Oil & Gas – Integrated


Saudi Aramco, currently pumping heavy liquidity in oil production and refinery is all set to award its $ 3 billion worth of engineering and construction contracts for its Manifa oil field. Aramco has also handed out separate drilling and cementing deals amounting $ 1 billion to reputed names such as Schlumberger and Hallburton.

External Links:
Steel Guru


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ADNOC

ADNOC to announce $10 billion contract for sour gas treatment

DS100 Ranking: # 7
Company: Abu Dhabi National Oil Company
Country: United Arab Emirates
Industry: Oil & Gas – Integrated

ADNOC, Abu Dhabi National Oil Company is set to announce a $ 10 billion deal for sour gas treatment in the Shah Field. The major bidders for the contract are ConocoPhillips, Exxon Mobil Corporation and Royal Dutch Shell Plc. According to ADNOC, it plans to expand its daily production to 10 billion cubic feet of gas per day.


External Links:
Steel Guru
Bloomberg

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Qatar Petroleum initiates & participates in Environmental Fair 2008

DS100 Ranking: # 15
Company: Petroleum Development Oman
Country: Oman
Industry: Oil & Gas - Integrated

Qatar Petroleum, recognizing the significance of preservation of the environment initiated and participated in an environmental fair along with its affiliates, subsidiaries and other institutions in Doha. The 3 day event involves major companies in Qatar participating in the fair and showcasing specific efforts to preserve the greenery amid heavy industrialization.

The corporate environment and sustainable development department of Qatar Petroleum has even launched a book to increase environmental awareness “Bird life in and around Dukhan”.


External Links:
Gulf Times
The Peninsula Qatar

RETAIL - AUTOMOBILE

Abdul Latif Jameel signs corporate deal with Qatar Airways

DS100 2007 Ranking: # 65
Company: Abdul Latif Jameel Group
Country: Saudi Arabia
Industry: Retail - Automobile


The employees of Abdul Latif Jameel, 10,500 in number across Saudi Arabia would benefit from the recent corporate deal signed between the company and Qatar airways, enabling the airline service provider to offer personalised services & special care to the employees of ALJ and their direct dependents.

External Links:
Mena FN

CHEMICAL MANUFACTURING

Sabic Innovative Plastics accorded Training Fund grant

DS100 Ranking: # 12
Company: Saudi Basic Industries Corporation (Sabic)
Country: Saudi Arabia
Industry: Chemical Manufacturing


Commonwealth of Massachusetts, Department of workforce development granted SABIC innovative Plastics, a workforce training fund grant worth $663,000 to create/develop the leadership programs for approximately 195 employees of the firm, located in Pittsfield. These leadership courses/programs would also be extended to all the SABIC Innovative Plastics employees across the world.

External Links:
Job Werx

FINANCIAL INSTITUTIONS

Maybank installs Agilis Empower software

DS100 Ranking: # 44
Company: Maybank Group
Country: Malaysia
Industry: Commercial Banking


Maybank, Malaysia's leading commercial bank has deployed Agilis empower software, on 250 opteva ATM's across its network. This software is provided by Diebold, a financial self-service delivery service provider, enabling Maybank customers to perform full-fledged transactions at all its ATM counters in the network.


External Links:
Trading Markets
CBR Online

 

TRUCKING

Agility

Agility awarded $ 200 million contract by US Army

DS100 Ranking: # 62
Company: Agility
Country: Kuwait
Industry: Trucking


Agility Defense & Government Services, Agility's public sector extension grabs the prestigious $ 200 million contract with the United States army to provide transportation services for heavy equipment. In its 3rd year running, Agility is required to perform transportation services for military personnel and supplies up to $200 million ceiling and $20 million minimum.

External Links:
Meed
Trade Arabia

MARINE CARGO HANDLING

DP World

DP World launches performance recognition programme

DS100 Ranking: # 89
Company: DP World
Country: United Arab Emirates
Industry: Marine Cargo Handling


In order to foster motivation and employee commitment, DP World – UAE, the domestic wing of DP World has launched a one-of-its-kind performance recognition programme, TAQDEER, honoring employees for their dedication and hardwork across all departments and terminals. This categories, comprising of three awards, Outstanding Performance award, People Development award and Excellence in Service award will be held annually and distinguished employees would be handed out appreciation certificates along with one month's salary as financial motivation.


External Links:
Albawaba

CONSTRUCTION

Emaar

Emaar Education announces plans of hospitality school

DS100 Ranking: # 59
Company: Emaar Properties
Country: United Arab Emirates
Industry: Construction Services


Emaar Education, a subsidiary of Emaar Properties, has recently announced plans of initiating a hospitality school in Dubai, offering hospitality management programs jointly with Australia's Box Hill Institute. The school, through Raffles Campus would entertain part-time and full-time courses, bearing a capacity of 1,500 students.

External Links:
AME Info
Arabian Business


AIRLINES
Emirates

Emirates deploys first ever A380 on US routes

DS100 Ranking: # 23
Company: The Emirates Group
Country: United Arab Emirates
Industry: Airline


Dubai-based airline, Emirates plans to launch its first-ever A380 airbus on its Dubai-New York route. With the maiden 14-hour non-stop flight scheduled on 1st August, Emirates would use A380 on one of its 2 daily flights on that route. According to the statistics by the airline, its fleet comprises of 243 planes currently with an estimated value of $60 billion.


External Links:
Hindustan Times

Travel Video

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Malaysian Airlines

Malaysian Airlines bolsters travel by introducing Web check-in


DS100 Ranking: # 56
Company: Malaysian Airline Systems Bhd
Country: Malaysia
Industry: Airlines

To evade the long airport queues and provide its customers with easy check-in facility, Malaysian Airlines has introduced a convenient web check-in option. Currently available only on domestic routes and accessible worldwide, Malaysian Airlines through its Passenger Services system is trying to make air travel hassel-free. Passengers can book online, choose their preferred seats and check-in at their own convenience. This service will be extended to cover all its international destinations by 2008 end.

External Links:
FTN News

 

TELECOM

Bridge of Hearts project sponsored by Turkcell

DS100
Ranking: # 41
Company: TurkCell
Country: Turkey
Industry: Telecommunications


Bridge of Hearts, a recent joint initiative undertaken by Turkcell and the Ministry of National Education won the hearts of students across Turkey, enabling 100,000 candidates stretched over 81 provinces to visit other provinces and be appreciative of Turkey's cultural and rich heritage. This project, ongoing through June-July 2008 would offer students to extend friendship alliances with students of other provinces on 5-day trips.

External Links:
Turkish Daily News

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Zain, eyes 3 African operators for take-over

DS100 Ranking: #54
Company: Zain
Country: Kuwait
Industry: Telecommunications


Follwing the trend of Kuwaiti companies, Zain recently announced its expansion plans in several regions of Africa where the market still shows a lot of room for growth. Zain has consolidated plans of taking over 3 African mobile service providers in the next year and funds for this venture would arise from the company's listing on one of the European Stock Exchanges, aiming to raise $5 billion. It functions in Africa under the signature brand Celtel International and is currently providing services to 15 countries in this zone.

External Links:

Cellular News
Network World

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Etisalat provides easy Internet access through IPASS

DS100Ranking: # 47
Company: Emirates Telecommunications
Country: United Arab Emirates
Industry: Telecommunications


Etisalat, the unprecendented leader of the UAE telecom market, recently announced its teaming plans with global service provider, IPass, offering users/subscribers to access the internet at 60,000 places across 150 countries in the world with added convenience and reduced costs.

Regular internet users would be able to encash the roaming facility by logging in their internet account details. This service would also extend to foreign visitors in the UAE who can use the internet by logging through their internet account.

External Links:

Arabian Business

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Telkom to invest $215 million to beef up internet infrastructure

DS100 Ranking: # 34
Company: Telkom Indonesia
Country: Indonesia
Industry: Telecommunications


Telecommunications provider in Indonesia, PT Telkom, in its aim of beefing up its internet infrastructure and services, plans to invest $ 215 million. The aim is upgrading the operator's main fiber-optic network to improve the internet speed. Post the upgrade, Telkom users would be able to download from the internet with a speed of 1024 kbps, up from 384 kbps while minimum speed for upload will be up to 128 kbps from 64 kbps.

External Links:

Telegeography


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