Sunday, July 06 - 2008

Mena companies to spend $40.5bn on IT

Middle East: Monday, March 17 - 2008 at 07:35

The Middle East and North Africa region is predicted to spend $40.5bn on new technology this year, according to a report by analysts IDC. The Gulf states alone are expected to spend $9.1bn on IT. In the Mena region the money is likely to be invested in new initiatives rather than updating existing systems, IDC said.

Staff Staff
Monday, March 17 - 2008 at 07:35 UAE local time (GMT+4)

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