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
Gold price opens lower in Hong Kong
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
Market Cap Indices Turn Red at Qatar Exchange
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Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
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.