Saudi Telecom Co (STC) , the Gulf's biggest telecom operator by market value, has picked three banks to manage its debut Islamic bond offer, banking sources aware of the transaction told Reuters on Wednesday.
It has chosen JP Morgan Chase, Standard Chartered and the investmen
Oman's government raised nearly 204 million rials ($530 million) from its sale of a 19 percent stake in Omantel, part of efforts to revive its privatisation programme, a Muscat bourse statement said on Wednesday.
The government's holding in the telecommunications operator
BT, one of the world’s leading providers of communications services and solutions, has signed an agreement with Viva Bahrain, a leading mobile operator in Bahrain and a subsidiary of Saudi Telecommunications Company (STC), to build a Global IP Exchange (GIPX) interoperability hub in Bahra
The Bahrain IT Expo 2014 opened yesterday (April 22) with more than 80 exhibitors, resulting in the doubling of exhibition space to accommodate the increased local and international demand.
The two-day expo at the Bahrain International Circuit's (BIC) Paddock Hall was inaugur
World Tech Sigma, a Dubai-based venture capital firm, has entered into a definitive agreement with Seattle-based Zulubiz.com to become the latter's principal funding agent.
Zulubiz.com has exclusive rights to a unique mobile marketing platform that connects consumers with bus
Etisalat, the UAE’s leading telecommunication services provider, has launched two new bundles offering as low as 20 fils per minute calls from Etisalat home telephone to any mobile network in the UAE.
Claimed to be the lowest rate in the UAE, this is available to all eLife
Microsoft Bahrain is showcasing its latest technology innovations at the two-day Bahrain IT Expo starting today (April 22) at the Bahrain International Circuit.
"The new generation of products and solutions is available on interactive demonstration stations, with experts on
Etihad Etisalat (Mobily), Saudi Arabia's No 2 telecom operator, missed forecasts with a 4.5 percent increase in first-quarter net profit on Monday, as depreciation expenses rose.
Mobily, an affiliate of the UAE-based Etisalat, made a first-quarter net profit of 1.4 billion ri
Saudi Telecom Co (STC), the Gulf's No 1 telecom operator by market value, reported a 54 percent jump in first-quarter profit as provisions and losses from foreign units fell and it sold some assets.
The firm, which competes domestically with Etihad Etisalat and Zain Saudi, ma
Batelco, the leading telecommunications provider in Bahrain, has been presented with the eEconomy Award at Bahrain International eGovernment Forum today (April 21).
The award recognizes Batelco’s role in developing the ICT infrastructure in Bahrain and contributing to the g