Corporate World

Pirelli has signed an agreement with Luna Rossa Challenge for the constitution of a partnership aimed at the development of a multi-year project which will lead to Luna Rossa’s participation in the next edition of the America’s Cup, set for New Zealand in 2021.

Smart Stores Expo has announced the participation of Karbala Oasis, an upcoming shopping destination in Iraq, as its retail leasing partner.  This development will see Karbala Oasis showcasing at the trade show its more than 222,873m2 total build up area and more than71,625 m2 leasable area of retail space to premium brands looking to tap into promising business opportunities offered by the improving Iraqi economy.

Intertek, a leading Total Quality Assurance provider to industries worldwide, has earned accreditation from United Kingdom Accreditation Service (UKAS), the national accreditation body for the UK, for ISO 45001 Occupational Health & Safety management systems standard. The new standard was published in March 2018 and will replace the OHSAS 18001 standard. ISO 45001 provides a global benchmark for organisations around the world to ensure that they operate in a consistent, healthy, and safe manner worldwide, thereby allowing organisations to meet health and safety guidelines that render across international lines.

Turkish Airlines, who has recently announced the results of passenger and cargo traffic in July, achieved the highest July load factor (LF) in its history with 85.3%. Despite the high base of July 2017, growth in the number of passengers, revenue per kilometer and load factor, has been an important indicator of the continued increase in global interest to Turkey and Turkish Airlines.

Shaker Group (the “Company” or the “Group”), the leading importer, manufacturer and distributor of Air Conditioners and Home Appliances in Saudi Arabia, has announced results achieved by the Company’s ongoing efficiency program. As Group sales continue to face pressure – the result of a slowdown in the local construction sector – efficiency initiatives have become a core aspect of management’s strategy.