Friday, 30 November 2012

Saudi alliance boost for Eruma - FT.com

Shares in Eruma soared after the Aim-traded counter-terrorism group landed an ally in its bid to break into the lucrative Saudi Arabian market.
Eruma signed up Saudi Technical Support, an infrastructure group, as its “exclusive distribution partner” in the country, which Eruma said would help sales in the region.
Without the support of a Saudi company, it would take “years” to secure contracts in the country, according to Wayne Money, chief executive at the group.

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