Bahrain's leading telecom group Batelco said the company board has approved a full year cash dividend of BD57.6 million ($152.8 million), which represents a 72 per cent payout at a value of 40 fils per share.
Bahrain is paving way to launch its first Media City, according to reports in gulf news The new media project is expected to pave way to new job opportunities and also to provide opportunity for the private sector to invest in the media.
The government is planning to build an electronic governance network that will link the Gulf Cooperation Council members to one another and also include a unified traffic system.
The United Arab Emirates (UAE), however, has expressed some reservations regarding certain articles in the proposed system, pointing out that it interferes with its national policies. Accordingly, the UAE has called for the amendment of three articles in order for it to acquiesce to the new unified traffic system.
KUWAIT: ITS (International Turnkey Systems) Group, a leading solution provider for both Islamic and conventional banks, yesterday announced a 'transformative' restructuring of its business focus, organization model, processes and product positioning to meet new macroeconomic realities and prepare the company to embark on a profitable growth journey from 2013 onwards. The announcement today comes on the heels of an overhaul in the company's executive leadership and business plan when in April 2013, L.
RIYADH -- The Middle East (ME) IT spending is projected to total $192.9 billion in 2013, a 5.5 percent increase from 2012, according to Gartner, the world's leading information technology research and advisory company.
And, the Middle Eastern and North African public cloud services market will see strong growth in 2013 with spending for the overall market forecast to increase by approximately 24.5 per cent from 2012, also according to Gartner.
RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced plans to open its newest data center in Dubai, the first Middle East site in its global data center network.
Expected to go live in mid-July, the new hub in the RTS global trading network will offer ultra-low latency access to the Dubai Gold & Commodities Exchange (DGCX), one of the world's fastest growing exchanges.
Renewed focus on its core business of developing and operating business parks
Tecom Investments, a subsidiary of Dubai Holding, has announced a new operational structure, which will allow the company to further focus on its core business of developing and operating business parks.
The implementation of a new structure comes at a time when the region's macroeconomic fundamentals are increasingly positive, offering an opportunity for Tecom Investments to ensure it is strongly positioned to capitalise on Dubai's future growth prospects.
The UAE retail channel for ICT and consumer electronics (CE) products is witnessing increasingly spiky sales patterns, experiencing major peaks and troughs from one month to the next, as the impact of specific sales events exacerbates market volatility. The UAE retail channel has already experienced Dubai Shopping Festival (DSF) and Abu Dhabi Electronics Shopper in 2013, and the inaugural Gitex Shopper Spring – dubbed mini-Gitex by some vendors – is currently taking place in Dubai.
Jacky’s Electronics, the UAE’s leading multi-brand consumer electronics retailer, is expecting a surge of product sales, from the usual off-peak period during the month of April, brought in by the four-day event of the first Gitex Shopper Spring Edition.
du Live! is pleased to present two of the Arab world’s most-loved musicians, Kadim Al Saher and Sherine, live on stage as part of the 3rddu World Music Festival! They will perform on 28 March at Dubai Media City Amphitheatre.
Dubai, UAE, May 2, 2013 – ZOTAC International, a global innovator and manufacturer of graphics cards, mainboards, mini-PCs and accessories, today supercharges the TITAN with the ZOTAC GeForce GTX TITAN AMP! Edition, the world’s fastest single GPU graphics card.
In 1987, the film RoboCop debuted and featured a half-man half-robot cop patrolling the streets of Detroit, but now some car companies are planning on replacing cop cars in Los Angeles with drone cars by 2025.
Comguard, a Dubai based leading value added distributor for IT products and part of the Spectrum group announced the launch of world’s most rugged and powerful firewall, the Clavister X8 which can withstand harsh, industrial environments to deliver outstanding performance, offering unified security management between office environment and industry environment.
IT has been an enabler all along and now it is playing the same role in the mobile domain. Hence expect other verticles to be represented at the MWC 2013... in addition to the usual vendors, operators watch out for new buzz words such as big data, mobile cloud, mWallets, NFC, small cells and smart cities, as well as the role of mobile in other industries like advertising, automotive (YES cars), finance and retail.
DOHA: Ooredoo subsidiary Wataniya Telecom's current Deputy CEO Abdulaziz Fakhroo has been appointed as CEO for Wataniya Telecom, replacing Dr Bassam Hannoun who has resigned for personal reasons. Ooredoo Group Chairman Sheikh Abdullah bin Mohammed bin Saud Al Thani said:
"We thank Dr Hannoun for his contribution during his tenure. We look forward to having Abdulaziz lead Wataniya Kuwait as it enters an exciting new phase in its development including the launch of 4G services this year." Source:http://www.zawya.com
China-based telecoms equipment maker Huawei today announced the appointment of Ashraf Fawakherji to the newly created role of regional vice president, Middle East for Huawei's consumer business group Huawei Device.
Springs are considered as the best landscaping season. This is the time when homeowners and office bearers shape up their surroundings to refresh themselves with flowers and gardens, refill the backyard ponds and enhance their lawns. However, people who do not have experience in handing these things on their own best option to rely on the option of calling the landscape architects Raleigh NC at their places. The fact is even the seasoned DIY landscaper could also benefit from the professionals to make their places from better to the best.
Troubled network vendor Alcatel-Lucent has announced that former Vodafone exec Michel Combes will become its new CEO from April 1. Combes will replace Ben Verwaayen, who announced his resignation earlier this month after failing to deliver a turnaround at the company.
Combes, 51, recently spent four years (2008-2012) as CEO of Vodafone Europe. He had been named to take over as chief executive of Vivendi’s SFR last year, France’s second-biggest mobile operator, but the appointment was aborted after a management shake-up at the parent company.
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IT Insightme is the first and only IT, Telecom and Media (ITTM) online portal (magazine) covering Gulf, Middle East and the Arab World. Published online, it provides news, articles, reports, in-depth analysis, event coverages and interviews of ITTM leaders and commands a readership of ITTM professionals and decision makers.