Information Technology

Cabling specialist announces strong regional growth

RM_financial

Swiss structured cabling specialist, Reichle & De-Massari (R&M), has announced its most recent financial performance figures for 2010, where the Middle East and Africa emerged as its most successful regions. Despite the uncertain economic climate, R&M recorded an impressive 16 per cent growth rate for the first half of the year and was able to extend its regional market leadership in the passive cabling domain.

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Siemens in QSTP agreement

Siemens announced plans to launch a development centre in Doha, Qatar, marking a major move for the company in its drive to develop local access to specialist technology and engineering disciplines. The centre will be hosted at Qatar Science & Technology Park (QSTP), a home for technology-based international companies and part of the Qatar Foundation.

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Company offers cabling solutions to hospital and financial institution

Alfred Tharwat, R&M Area Manager for Africa

Structured cabling specialist, Reichle & De-Massari (R&M), has installed a complete end-to-end enterprise cabling solution for Middle East and North Africa financial institution, HC Securities. HC Securities had chosen Swiss company R&M’s range of enterprise cabling to connect its entire network infrastructure for its office headquarters located in Cairo, Egypt. The project was completed by R&M’s long time implementation partner and Egyptian systems integrator, Channel Computer Services.

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Telco's profits rise 23 per cent



Telecom Egypt has announced a second-quarter profit rise of 23 per cent, beating estimates from analysts. Net income reached US$170.7mn from US$138mn a year before, the Cairo-based company said in a recent statement distributed by the Regulatory News Service.

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Etisalat nears Reliance Communications stake

Etisalat nears Reliance Communications stake

UAE telecom operator, Etisalat, is close to buying a 26 per cent stake in the second most successful Indian telecoms firm Reliance Communications.

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