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Business

Rail Europe appoints Elaf Travel & Tourism as GSA in Saudi Arabia

Rail Europe, the worldwide leader in train tickets and rail passes' distribution, has expanded its strong sales network across the region by appointing One of the largest & leading Travel & Hospitality conglomerate in Saudi Arabia, Elaf Travel Tourism Company, as their GSA partner. Elaf Group is a leader in travel and tour operations in the kingdom with a history of service excellence and reputation of being a one stop travel shop.

Ericsson completes acquisition of German consulting firm

  • Allolio&Konrad, a consulting firm headquartered in Bonn, Germany, specializes in transforming telecommunications operators’ business operations and IT systems
  • Ericsson acquired 100% of Allolio&Konrad’s operations, offered employment to all its consultants, and the transaction closed on November 30
  • This acquisition will increase Ericsson’s digital transformation capabilities, lead to increased synergies and efficiencies, and support our ICT leadership ambitions

The Family Business Network FBN Levant launched in Lebanon “By Families, For Families”

Joining family businesses from the entire region, the Family Business Network FBN Levant, non-profit and non-solicitation organization, member association of FBN International, Lausanne - Switzerland, was launched in Lebanon on December 7 at Fattal Auditorium, Sin El Fil, in an event titled “Resilience and sustainability of family businesses in challenging times”.