Sunday 26 October 2014

Ooredoo Kuwait's Q3 profit plunges 50pc

Telecom operator Ooredoo Kuwait's third-quarter net profit fell by nearly half as fierce competition took its toll. Ooredoo Kuwait has struggled in its home market following the 2008 launch of the country's third mobile operator, Viva, which aggressively cut prices to woo


Etihad inks partnership deal with SAP

UAE's national airline Etihad Airways said it has signed up SAP, a market leader in enterprise application software, as a strategic technology partner for deployment of its range of key software solutions. As per the deal, Etihad will be implementing the enterprise resource p


Samsung sets new 5G speed record

Samsung Electronics said it has achieved key milestones in 5G telecommunications networking technology, as the company clocked 7.5 Gbps, or 940MB per second, the fastest-ever 5G data transmission rate while in a stationary environment. The company was also the industry’s fi


UAE delegation members to hold ITU positions

Two members of a delegation representing the UAE have been selected to occupy senior positions within an international committee of the ITU Plenipotentiary Conference 2014 in South Korea. Nasser Bin Hammad, senior manager International Affairs at UAE’s Telecommunication Reg


Huawei’s plans for development in Kuwait discussed

Leading information and communications technology solutions provider Huawei’s plans for development in Kuwait over the next few years was the focus of a friendly discussion between top officials. Sheikh Jaber Mubarak Al Hamad Al Sabah, Prime Minister of Kuwait and Guo Ping,


China hackers 'may have infiltrated Apple's iCloud'

Apple's iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign. Using what is called a "man-in-the-middle"


High dividends driving Saudi telecom sector

The growing data segment and ongoing cost-cutting initiatives are the near-term drivers of Saudi Arabia’s telecom sector while the attractive dividends yield of 4.3 per cent is the sector’s key attraction, a report said. “We expect the sector to record a revenue


UAE’s IT services market grows 15.5pc this year

The UAE’s information and technology services market is set to grow 15.5 per cent year-on-year this year and an average of 11.3 per cent over the coming five years, according to latest International Data Corporation forecasts. The market expanded a total of $1,699.8 million


Microsoft appoints new GM for Bahrain, Oman

Microsoft has appointed Sherif Tawfik as the new general manager for its operations in Bahrain and Oman. In this position, Tawfik will be driving the new Microsoft global vision of 'mobile first, cloud first' to a diverse audience of enterprise customers, partners, IT pro


Apple-IBM alliance to launch first apps next month

Apple and IBM, which in July announced they would team up to sell iPads and iPhones with specialized software to corporate customers, will announce the first batch of apps and software next month, said a top official. The two companies have signed up about 50 initial corporate cl

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