France Telecom has offered to buy a majority stake in Egyptian telecoms operator Mobinil.
France Telecom has offered to buy a majority stake in Egyptian telecom operator Mobinil from billionaire Naguib Sawiris in a deal that could cost as much as US$2 billion.
Honeywell announced the establishment of a new facility in the UAE. Pictured: Norm Gilsdorf, HPS, President.
Honeywell announced the establishment of a new facility in the UAE, to strengthen customer support in the Middle East for its Process Solutions and Scanning & Mobility businesses.
Omantel made a net profit of U$78.2mn in Q4.
Oman Telecommunications Co (Omantel) reported a 10.3 per cent rise in Q4 net profit as the operators subscriber base grew.
QEWC has agreed to buy a 23.3 per cent stake in Jordans Amman East power plant from a Bahraini infrastructure fund.
Qatar Electricity & Water Co (QEWC) has agreed to buy a 23.3 per cent stake in Jordans Amman East power plant from a Bahraini infrastructure fund.
Brazil is a key trading partner of GCC with imports reaching US$4.2 billion during 2011
Brazil is a key trading partner of GCC countries with total imports reaching US$4.2 billion during 2011.
