International Business Opportunities

ArcelorMittal’s board member Malay Mukherjee has stepped down from the post “in order to pursue other interests.”
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The UAE has selected Australia-based LAVA Architects to design the city centre for the Abu Dhabi Masdar project. LAVA's winning design features a five-star hotel, central plaza, convention centre, entertainment complex, and shops. The design also includes a number of integrated sustainable design features, such as solar 'umbrellas' that are modelled after flowers that open up during the day and close up at night to keep the plaza cool, adaptive building facades that adjust to capture sunlight, and wall surfaces that adapt to changing temperatures.

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Hamptons International, a UK-based real estate services company, has announced the expansion of its global network with the opening of a new sales office in the Egyptian capital, Cairo. The new sales office will showcase Hamptons' global property portfolio and offer customers an array of residential and commercial real estate options, the firm has said.

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The UAE Cabinet has approved a ban on printing supermarkets' logos on non-biodegradable plastic carrier bags, according to The National. The ban, which is a first step towards a complete ban on the bags from 2013, is expected to come into effect this year. The details, including when the ban will come into force, are still being worked out, according to Hunaida Qayed, the manager of the Ministry of Environment and Water’s awareness department.

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iGATE, an integrated technology and operations company, today announced the appointment of veteran mortgage and banking executive Joseph J Murin to its Board of Directors, effective immediately.
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A spokesman for Saudi industrial group Tasnee has said the company has started selling surplus olefins from its Saudi Ethylene and Polyethlene Company (SEPC) into the domestic market. The plant, which is currently running between 80 and 100%, is a joint-venture between Tasnee and Sahara Petrochemical Company, with Dutch firm LyondellBasel holding a 25% stake, the spokesman said.

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FTV Proclad, an engineering, manufacturing and service provider for the oil and gas and petrochemical industries, has announced that production is underway at its new manufacturing complex based in Dubai's Technopark. The project is set to triple the company's annual capacity worldwide, the company said. Investment in the Phase I facility's four manufacturing plants had amounted to 0m. The complex also includes a research and development centre and a training academy that will offer co-branded courses in partnership with The Welding Institute.

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Wikipedia, the free online encyclopedia to which anyone can make contributions, will soon be introducing restrictions on editing information about living people.
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Google Inc is shipping its Chrome browser with Sony Corp PCs, sealing the Internet company’s first such deal since it introduced the Web browser last year to compete with Microsoft.
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