Vestel Trading Co. joins UAE-based SAMENA Council

Two Saudi Aramco executives were among the speakers at the Global Competitiveness Forum.
Two Saudi Aramco executives were among the speakers at the Global Competitiveness Forum. -
0Comments

The UAE-based SAMENA Council recently said Vestel Trading Co., a Turkey-based original
equipment and design manufacturer and market leader for consumer appliances, will join the council. 

 

“We wanted to consolidate our presence in the Middle
East and what better way to show our commitment to the region than to join
SAMENA Council,” Vestel CEO Turan Erdogan said. “We appreciate the impact of
the council in furthering the cause of the ICT (information and communications technology) industry, especially with
respect to the need for ensuring sustainable investment in ICT infrastructure
development and accelerating adoption of digital products and services.”

 

Erdogan said Vestel plans to become a major player in
the Middle East’s socio-economic transition. He said believes the company’s
expertise in tablet and smartphone manufacturing will help it provide new
possibilities to the industry within the South Asia, Middle East and North Africa region.

 
SAMENA Council CEO Bocar Ba said the group
was pleased to see interest from technology companies.

 

“Given Vestel’s R&D capabilities as the first telecom technology company in Turkey to develop product designs, the only developer of
micro-controller software for use in its production processes and as the
provider of value-for-money consumer communications products, we see the
potential for technology partnerships that may help concerned stakeholders
fulfill their ICT needs,” Ba said.



Related

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

Fitch Ratings affirms AA- credit rating and stable outlook for First Abu Dhabi Bank

Fitch Ratings has reaffirmed First Abu Dhabi Bank’s AA- credit rating with a stable outlook. The agency cited strong capitalisation, robust liquidity ratios, and systemic importance within both Abu Dhabi and the wider UAE banking sector.

Engineer Hamad Al Ameri

TA’ZIZ and Alpha Dhabi announce $10 billion chemicals investment agreement in Abu Dhabi

TA’ZIZ and Alpha Dhabi Holding have signed a major agreement targeting $10 billion investment for chemical production expansion in Abu Dhabi. The deal aims to boost local industry under UAE’s national strategy while reducing reliance on imports.

Sultan Ahmed Al Jaber Minister of Industry and Advanced Technology & UAE Special Envoy for Climate  Group MD & CEO of ADNOC and Chairman of Masdar Abu Dhabi National Oil Company (ADNOC)

TA’ZIZ and Alpha Dhabi agree to $10 billion investment in UAE chemicals sector

TA’ZIZ and Alpha Dhabi Holding have signed a $10 billion agreement aimed at expanding chemical production in Abu Dhabi’s Al Ruwais Industrial City. The partnership targets up to 14 new chemicals focused on meeting domestic demand while supporting national industry initiatives.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.