Strengthening economic activity in the GCC, the regional trade bloc is good news for global businesses and the wider MENA region in terms of increased financial support and as a source of much-needed FDI in non-oil producing Arab countries. Economist Moin Siddiqi reports
Technology
SENAAT and Tubacex join hands to acquire NOBU
SENAAT, one of the largest industrial investment holding companies in the UAE, has formed a joint venture with Tubacex, a Spanish manufacturer of stainless steel and high-alloyed tubular products
New Siemens binding cybersecurity requirements for suppliers
Siemens has established binding cybersecurity requirements, primarily for suppliers of security-critical components such as software, processors and electronic components for certain types of control units
Kalimat Telecom selects Parallel Wireless for network installation in Iraq
Kalimat Telecom, a subsidiary of Kuwait?s Trade Links, has selected Parallel Wireless, Inc, one of the leading providers of the world?s first end-to-end software-based unified network solution across 2G, 3G, 4G and 5G, to build mobile broadband network in Iraq
Yahsat and Thuraya unveil advanced military satellite at IDEX 2019
UAE?s satellite operator Yahsat and Thuraya, Yahsat?s mobile satellite services subsidiary, are showcasing the latest government and military satellite communication technologies at the International Defence Exhibition and Conference (IDEX)