Firm Management
Henkel of Germany seeks EUR10 billion in sales by 2016
Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
South Korean firms enter into joint venture projects with Arabtec
GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.
Euro's currency at a cross roads
Some say the Euro is overvalued while others claim it is not. The founders of the Euro had dreamt of a superpower currency that can go head to head with the US dollar, to free Europe from US economic dependence.
JPMorgan hiring practices under review
JPMorgan Chase hiring practices now being reviewed by US, British and Hong Kong regulatory authorities.