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FINANCIAL NEWS
Tanisha International buys JobsInDubai.com for USD9m
15 Jun 2011
(MENAFN) Jobs in Dubai Chief Executive Officer, Nofel Izz, stated that the online recruitment firm signed a deal Indian company Tanisha International by which the latter acquired Jobs in Dubai for USD9 million, reported Gulf News.
Izz also said that the deal came under the UAE-based website’s plans for becoming a major Middle East online recruiting firm. He pointed out that Tanisha would further improve the website’s success.
The CEO added that Jobs in Dubai had the biggest database in the GCC region and the UAE.
It is worth noting that Jobs in Dubai was established in 2002. It now has offices in Dubai, Canada, and India. Its gross annual revenue reached USD2 million as its CEO stated.
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