Omani Qatari Telecommunications Company (Nawras) has signed a new financing agreement worth US$182mn to fund improvements to its internet network over a five-year period
Technology
Bahrain's Investcorp buys US firm FishNet Security
Investcorp, one of the Middle Easts largest private equity houses, has acquired a majority stake in Kansas-based information security firm, FishNet Security Inc, from Lake Capital
Menatelecom awards 4G wireless contract to Huawei
Menatelecom has signed a contract with Huawei Technologies to deploy its latest 4G Long Term Evolution (LTE) wireless network in Bahrain
Bill Gates leads US$1 billion investment in Orascom
Orascom Construction Industries has announced that Comprising Cascade Investment, an investment vehicle owned by Microsoft founder Bill Gates and other US firms, has invested US$1bn into the Egyptian company
UAE firm signs deal to develop power plants and mines in Turkey
TAQA, EUAS and the Turkish government have signed a deal for the development of power plants and coal mines in Turkey. (Image source: Alf Altendorf/Flickr)
TAQA, Turkey?s Electricity Generation Company (EUAS) and the Turkish government have signed an agreement for the development of power plants and mines in Turkey
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