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
Technology
Data centre space in UAE and Saudi Arabia increased by 60 per cent in three years
Data centre space in the UAE and Saudi Arabia have increased by 60 per cent since 2012, stated a report from Tariff Consultancy Ltd (TCL)
Avaya and VIVA Bahrain enter agreement to enhance business solutions in Bahrain
USA?s business communications company Avaya has announced a partnership with VIVA Bahrain to deliver team and customer engagement solutions to large, medium, and small businesses in Bahrain
Emirates NBD to facilitate quick money transfer to ICICI account holders
UAE?s Emirates NBD has tied up with India?s ICICI Bank to enable instant money transfers through the DirectRemit service
Nokia to take over Alcatel Lucent for US$16.6bn and create new company
Finnish telecom company Nokia has decided to buy French telecom firm Alcatel Lucent for an estimated US$16.6bn