SULB, the region’s first fully integrated steel sections and beams producer, today announced that it has signed an agreement with Tata Consultancy Services (“TCS”), the global software giant from India, for the implementation of SAP software and business warehousing solutions for its integrated steel mill. SAP will be implemented for Finance/Costing, Materials Management, Sales & Distribution, Production Planning, Quality Management, Plant Maintenance and H.R/Payroll along with SAP’s business intelligence tools.
SULB, which has a total investment cost of US$1.4 billion, including the acquisition of Saudi SULB, is a joint venture between Bahrain-based Foulath, the region’s leading steel investment vehicle and holding company (owning 51%), and Japan’s Yamato Kogyo Co., Ltd, a leading global sections and beams producer (owning 49%).
Gold price is still not stabilized in India like everywhere else. After going down, the g
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The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
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WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.