German giant Siemens appoints new UAE chief

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Siemens, the global major in electronics and electrical engineering, has appointed a new CEO for the UAE.

Kay Zwingenberger said he will continue to drive Siemens' growth strategy, expand the company's local footprint and push ahead with research initiatives as well as technology and knowledge transfer.

Zwingenberger first joined Siemens in 1992 and has worked throughout Europe, the company said in a statement.

"In the UAE, which is home to Siemens' Middle East headquarters since 1999, Zwingenberger will continue to build on the company's global strategy of innovation, knowledge transfer and investment in emerging markets," the statement added.

Siemens, which first opened a representative office in the UAE in 1972, presently employs about 2,000 people in the country and continues to grow its workforce.

"Today, the UAE is a key market for Siemens, which has maintained a continuous presence in the Middle East region for over 150 years," the statement said.

Zwingenberger said: "The UAE is a thriving, rapidly-developing nation and Siemens is committed to strengthening further its engagement in realising the country's ongoing economic diversification, creating job opportunities for young Emiratis, and supporting the transfer of know-how and technology."

Erich Kaeser, CEO of Siemens Middle East, added: "Kay Zwingenberger brings with him two decades of experience of working with Siemens and has a proven track record of growing the company's business.

"We look forward to continuing the 40-year success story of Siemens in the UAE as a trusted long-term partner and employer, and a responsible corporate citizen."

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Playing by the numbers: Saudi Arabian Airlines

Playing by the numbers: Saudi Arabian Airlines

Why is Saudia only mentioned as an afterthought when one talks...

Crude control

Crude control

The startling fall in the oil price has renewed questions about...

Review: Le Royal Monceau – Raffles Paris

Review: Le Royal Monceau – Raffles Paris

The hotel is one of just six in France to be awarded the prestigious...

Most Discussed
  • 16
    ‘How my Dubai mortgage landed me in a police cell’

    loans in any form need to filtered with the terms and condition, assuming thing will be in order is not excuse, one need to check with banks when property... more

    Friday, 31 October 2014 5:49 PM - Jacob
  • 10
    Do you actually own your house?

    This is unbelievable from Nakheel. In a case where we want landscape our garden with some tiles and grass costing around 12500, Nakheel is demanding a... more

    Thursday, 30 October 2014 9:06 PM - skp
  • 1
    Men arrested for working in women's shops in Saudi

    “We won’t spare any mall or shop employing expatriate men to sell women’s accessories,” the ministry’s director general in Makkah, Abdul Monem Al Shahri... more

    Friday, 31 October 2014 12:22 PM - cba