Nokia Siemens Networks (NSN) and Motorola Solutions, Inc. announced that Nokia Siemens Networks has completed its acquisition of Motorola Solutions’ Networks assets paying US$975mn in cash.

Saudi Electricity Company's (SEC) net loss was significantly more than its estimates.

Recent uprisings in the Middle East and North Africa provide an opportunity for the region to lay the foundation for a socially inclusive growth agenda.

Ducab announced a record sales of US$0.9bn for 2010, representing a 51 per cent increase over the previous year and 47 per cent volume growth with full realisation of copper rod capacity during a press conference held in Dubai.

Maaden's net income came in at US$11.6mn compared to a reported profit of US$5.4mn in Q1 2010 according to a report by the Saudi bank, NCB Capital (NCBC).