The company took the second place for its commitment in ensuring that families in the region receive high quality products, information and services.

The recognition was handed over at the Mother, Baby and Child Magazine awards ceremony held in Dubai last week.

The first of its kind awards ceremony was attended by dignitaries, influential guests and top 10 Mumtrepreneurs. Awards in 35 different categories were given away during the ceremony.

In his comments, Intikhab Alam, Head of Marketing at Masafi, said, "It is a matter of immense pride for Masafi to have won this top...

Warren Buffett, legendary investor and philanthropist, will host his one-and-only charity power lunch to benefit one of the country’s most respected and beloved charities, San Francisco’s GLIDE, who is celebrating its 50th year of supporting the City’s neediest residents. Now in its 14th year,"...

Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale of its RT System 2 seismic data acquisition system to West Bay Geophysical, Inc., a subsidiary of West Bay Exploration. Headquartered in Traverse City, Michigan, West Bay will use the RT System 2 for 2D and 3D vibroseis projects in Michigan starting in early July.

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OtterBox®, the global leader in protection for handheld technology, today announced the acquisition of TreeFrog Developments Inc., DBA LifeProof®. Founded in 2009 and headquartered in San Diego, LifeProof is an award-winning maker of protective cases and complementary accessories for smartphones and tablets.

Much like ...

Luxoft Holding, Inc, a subsidiary of IBS Group Holding Limited, has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A ordinary shares. The number of shares to be offered and the price range for the offering have not yet been determined. Luxoft has applied to have its Class A ordinary shares quoted on the New York Stock Exchange under the ticker symbol “LXFT”.

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Booking a vacation just got simpler. Now through September 30, 2013, Hilton HHonors is encouraging travelers around the world to save with The Great Getaway, offering hotel rates as low as $100 in the U.S., up to 25 percent off stays in Middle East and Africa, and up to 20 percent off stays in Asia Pacific when booking within the Hilton Worldwide portfolio*. The portfolio includes Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton"...

Thuraya Telecommunications Company, a leading Mobile Satellite Services operator has unveiled a new Maritime Broadband (MBB) service offering, enabling ship owners and managers to enjoy high quality maritime broadband communications at practical prices. Teaming Thuraya’s proven and reliable hardware solutions with a range of pricing options, MBB has been designed to provide users with the connectivity they need, while enabling them to budget with confidence.

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Kinetic Concepts, Inc. today launched a Prevena™ Peel & Place™ Dressing with a V.A.C.® Connector, which expands the availability of the Prevena™ Incision Management System. Now more patients will be able to benefit from surgical incision protection in facilities currently utilizing KCI V.A.C.® Therapy Systems. Surgeons will also have the flexibility to actively manage incisions with a variety of KCI therapy systems and dressing configurations to deliver the optimum patient outcome.

“We’ve"......

Kuwait's rally stalled on Wednesday as investors booked profits in bluechip and mid-cap stocks, while other Middle East markets were mixed in lacklustre trade. Kuwait's index fell 0.3 percent, easing from Tuesday's near four-year high. Telecom operator Zain and National Bank of Kuwait shed 1 and 1.4 percent respectively. Small-caps again dominated trade.

Fouad Abdulrahman Alhadlaq, deputy general manager at Al Dar Asset Management, said companies with weak fundamentals have been the biggest gainers in the market's surge, which is a worry because valuations look stretched. "You have...

EVault, Inc., a Seagate Company (NASDAQ: STX), today announced the appointment of Brett Flinchum as vice president of worldwide operations. Flinchum, a seasoned business leader with more than 15 years of operations experience, will lead EVault’s worldwide operations department, which is responsible for business services, IT operations, technical support, customer and expert services.

“Brett"......