Gulf International Bank registers 4% net income rise
Bahrain-based Gulf International Bank (GIB) has posted a 4% rise in consolidated net income after tax to $104.5m…
Property sales in Canada fall for the first time in months
It was also the first monthly fall since August 2011. The monthly decline reversed a string of monthly increases…
Rio Will Invest $518 Million in Driverless Iron Ore Trains
Rio Tinto Group, the world's second- biggest iron ore exporter, will spend $518 million on the first driverless…
Dubai SME to facilitate SME finance
Dubai SME, the agency of the Government of Dubai Department of Economic Development (DED) mandated with developing…
Samsung to Spin Off Unprofitable LCD Business
Samsung Electronics Co. (005930), the world’s largest maker of flat panels, said it will spin off its unprofitable…
Facebook Timeline poses threat to over 2 million users in the UAE
ESET Middle East, the leader in proactive protection against cyber-threats announced that the Facebook Timeline is…
Middle East IT spending predicted rising to $21.5bn this year
According to a report by IDC, spending on information technology in the Middle East is expected to reach $21.5bn in…
Kuwait mobile market to grow 192.7% in four years
Business Monitor International (BMI) has estimated the Kuwaiti mobile market to grow 192.7% by 2016, Saudi Gazette…
Record year for Lufthansa Technik and their Middle East MRO operations
Lufthansa Technik, a global leader in providing MRO facilities to the aviation sector has been steadily growing its…
ITIDA: Innovative Financial Aids to Revive Market
Information Technology Industry Development Agency (ITIDA) cashed the financial aid as one shot for the companies…