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FINANCIAL NEWS
UAE’s Eurostar to achieve annual revenue of USD1b
03 Jan 2012
(MENAFN) Eurostar Group’s chairman, Raju T. Jethwani, said that the company set an annual revenue target of USD1 billion by 2020, reported Times of Oman.
Jethwani added that demand for the company’s own digital satellite receiving systems, consumer electronics, home appliances and convergent technology products from the Middle East is strong, adding that recently, Eurostar expended its offerings for the Middle East and the UAE.
On the other hand, he said that Eurostar, which was founded 30 years ago, has grown to more than 25 retail showrooms in the Middle East with business operations across 50 countries.
It is worth noting that Eurostar Group is a well diversified conglomerate with core interests in Digital satellite receiving systems, consumer electronics, in addition to other businesses.
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