Oracle’s MENA Cloud centre opens in Saudi
Oracle Saudi Arabia announced selecting Saudi Arabia to be the regional center for its cloud data center in the Middle East and
Etisalat clocks AED4.6 bn profit in H1
Etisalat Group today announced AED4.6 billion in consolidated net profits for H1 2020, a YoY increase of 3%. In a statement, the
Oman Issues New RO 50 Notes
As part of the 50th anniversary celebration of the Modern Omani Renaissance and in commemoration of the memory of its founder late
Indian Banks Likely To Demand More Capital: Fitch
India’s banking sector is expected to face capital shortfalls due to coronavirus pandemic-related disruption, Ratings agency Fitch Ratings said on Wednesday. According
Whatsapp Adds New Features Globally
WhatsApp introduced animated stickers, QR codes and improvements to group video calls for its more than 2 billion users globally, on Wednesday.
Airbus Plans To Lay Off Thousands
Aeroplane manufacturer Airbus announced its plans to cut 15,000 jobs worldwide due to the coronavirus crisis’ effects on the aviation industry. “We
Sahara Chief Calls To Resume Economic Activities
Sahara India Pariwar Chairman, Subrata Roy, on Tuesday said that delay in resumption of economic activities will push millions of people into
Jordan Infuses Millions Into Its Private Sector
To rescue the country’s economy which has suffered the impact of the COVID-19 pandemic, Jordanian government has injected up to $705 million
Sharjah Clinches Top Rank GSER Startup Report
Sharjah secured the top rank in high growth activation phase ecosystems in the newly launched Global Startup Ecosystem Report, GSER, marking a
Oman’s Real Estate Deals Fall 19.5% In May
With the pandemic affecting all economic sectors severely, Omans’ property transactions in May 2020 fell 19.5% to reach RO878.9 million from RO1,091.2