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The Helles Sat will support KACST?s telecommunication and broadband needs. (Image source: Nasa?s Marshall Space Center/Flickr)

Saudi Arabia?s Arabsat and King Abdulaziz City for Science and Technology (KACST) have signed contracts worth US$650mn with Lockheed Martin and Arianespace for the manufacture and launch of two satellites

Emirates NBD says that DirectRemit is one of its popular services, due to its safety and technology-friendly set up. (Image source: OTA Photos/Flickr)

UAE?s Emirates NBD has tied up with India?s ICICI Bank to enable instant money transfers through the DirectRemit service

Nokias technologies from FutureWorks and Nokia Technologies, along with Alcatel Lucents Bell Labs would be used to enhance connectivity. (Image source: Estormiz/Wikimedia Commons)

Finnish telecom company Nokia has decided to buy French telecom firm Alcatel Lucent for an estimated US$16.6bn

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