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Radiant Systems plots Middle East business plan
Source: BI-ME , Author: BI-ME staff
Posted: Thu July 6, 2006 12:00 am

INTERNATIONAL. The US-based Radiant Systems has reported a deal with Professional Solutions to offer Radiant restaurant and hospitality software in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Jordan, Lebanon and the UAE. Clients in these countries include Pizza Hut, Chili's, Haagen Dazs, Burger King, Cinnabon, Seattle's Best Coffee and Fuddruckers.

Radiant Systems provides in-store technology for the hospitality, petroleum and convenience retail, and entertainment industries. Certain Radiant technology is already in use at 800 sites in Saudi Arabia, the company said.

"Radiant Systems understands the important role channel partners play in our international growth strategy," said David Griffin, Vice President of international business for the Radiant Hospitality division.

"Professional Solutions has the expertise and reach to expand our business throughout the Middle East and support our global initiative. We are excited about this prospect and the opportunity that it entails."

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
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