Tuesday 25 April 2017

Ooredoo Q1 profit up 27pc to top $42m

Telecom provider Ooredoo posted a net profit of KD12.9 million ($42.3 million) for the first quarter of the year compared with KD10.2 million for the same period in 2016, marking an increase of 27 per cent. Revenues for Q1 2017 stood at KD169.0million, compared with KD175.3 milli


Omnico POS system for Dubai Parks and Resorts

Omnico, an innovative and agile software and services company, and Dubai Parks and Resorts have installed a single integrated point-of-sale (POS) system across all the parks' retail and hospitality sites. This included 359 POS lanes across the retail, restaurant and entertain


ASC to provide early warning system in Saudi province

American Signal Corporation (ASC), a manufacturer of mass notification, disaster warning, and emergency notification systems, has entered in to the final implementation phases of its large-scale multi threat, multi channel early warning system in Saudi Arabia. The system will be


Cloud 'is a great enabler and equaliser'

‘Cloud’ is steadily and surely in the horizon of every business across the world. Cloud services are being increasingly used by companies big and small to reduce IT costs and to better efficiency. For startups and small and medium enterprises (SMEs) cloud is not just an option, but


Vodafone Egypt partners with Procera Networks

Vodafone Egypt has signed a multi-year, multi-million dollar partnership with Procera Networks to enhance the subscriber experience for its fixed and mobile subscribers. Procera Networks, a major subscriber and network intelligence provider in the region, aims to deliver a virtua


Virgin Mobile MEA logs over 3.5m customers

Virgin Mobile Middle East and Africa (VMMEA) has now surpassed 3.5 million customers, making it the MVNO leader in the MEA region Virgin Mobile Middle East and Africa was the first licensed MVNO to launch in the Middle East region, and today is offering services under the Virgin


Royal Commission of Yanbu, Bayanat open 'smart city'

The Royal Commission of Yanbu, in collaboration with Bayanat Co, an Etihad Etisalat (Mobily) subsidiary, has inaugurated the first smart city in Saudi Arabia at Yanbu. The smart city was opened at a ceremony held at the Head Office of the Royal Commission for Jubail & Yanbu i


TRA, Dubai Police ink pact on information security

UAE’s Telecommunications Regularity Authority (TRA) has signed a memorandum of understanding (MoU) with Dubai Police General HQ to enhance cooperation in fields of information security, and work together to resolve related issues. The agreement was signed by Hamad Obaid Al


Verizon, Corning agree to $1.05bn fiber deal

Verizon Communications has agreed to buy optical fiber from Corning over the next three years with a minimum purchase commitment of $1.05 billion as the top US wireless provider aims to improve its broadband network. The agreement calls for Corning to provide and Verizon to purch


Dubai to implement city-wide blockchain payments platform

Smart Dubai Office, a Dubai government entity, has signed a memorandum of understanding (MoU) with Avanza Solutions, a company that specialises in delivering IT products, solutions and services to financial institutions, to implement a citywide blockchain-based payments platform.

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