UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
Tag : Middle East
Samsung wins $952 mn contract to develop power plant in the UAE
Samsung and Marubeni will jointly develop the 2,400 MW combined cycle power plant in Fujairah...
Emirates NBD Egypt is first in MENA to use switch technology for card payments
Mastercard World Switch Card will interlink both credit and debit accounts, allowing cardholders to switch to either for payments...
Low-cost carriers to boost the Middle East aviation market
Low-cost carriers are driving growth, with a record of 9.3 percent increase in seat capacity last year, according to Centre for Aviation...
Dubai to launch blockchain platform for instant bank account facility
In order to do so, Dubai has set up a blockchain consortium consisting of six UAE banks...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
2025: Saudi Arabia to invest $30 bn in renewable energy
The investment is also expected to create additional jobs and boost local manufacturing...
GCC: IPOs in Q42019 raises $26 bn
Saudi Aramco’s IPO alone raised around $25.6 bn...
Dubai Islamic Bank to increase foreign ownership limit from 25% to 40%
The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes...
Saudi Arabian Logistics expands cargo facility at Dammam airport
The 37,800 square metre air cargo facility is located at King Fahad International Airport, Dammam...