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Samsung hit record high on smartphone sales

A surge in Galaxy smartphone sales has fuelled earnings at Samsung Electronics to a record high... Read full article »
Middle East: Sunday, April 29 - 2012 at 12:29

Qtel rights issue to hit market in May

Qtel has said its 40% rights issue, which aims at raising QR6.86bn, is to hit the market on May... Read full article »
Qatar: Saturday, April 28 - 2012 at 12:43

Nawras sees 2.7% dip in revenue

Oman's Nawras has said its revenues for the first quarter of this year fell 2.7% to OR46.8m from... Read full article »
Oman: Thursday, April 26 - 2012 at 11:55

Qtel, Batelco sign MoU to boost cooperation

Qtel and Batelco have signed a memorandum of understanding aimed at expanding cooperation in... Read full article »
Qatar: Wednesday, April 25 - 2012 at 10:52

Qatar Telecom says it will use cash to pay off 2012 debt

Qtel has said it will use its own cash to pay off any debts maturing in 2012 and is not '... Read full article »
Qatar: Wednesday, April 25 - 2012 at 10:51

Etisalat's foreign revenue jumps while profit remains flat

UAE's Etisalat has posted a flat first-quarter net profit, beating analysts' estimates as the... Read full article »
United Arab Emirates: Tuesday, April 24 - 2012 at 12:12

Qatar Telecom requests $2bn refinancing loan

Qtel has sent requests for proposals to international lenders for a $2bn refinancing loan that... Read full article »
Qatar: Tuesday, April 24 - 2012 at 12:11

Saudi Telecom Co sees 60% profit surge

Saudi Telecom Co (STC) has posted a 60% surge in first-quarter net profits to SR2.5bn ($667m),... Read full article »
Saudi Arabia: Monday, April 23 - 2012 at 10:31

France Telecom's MobiNil offer cleared by Egypt regulator

Egypt's financial market regulator EFSA has said that France Telecom can proceed with a tender... Read full article »
Egypt: Monday, April 23 - 2012 at 10:31

Qtel combats wave of hacking attempts in Qatar

Qtel has said it is working with ictQATAR to combat a wave of recent hacking and phishing... Read full article »
Qatar: Sunday, April 22 - 2012 at 10:54

Etisalat to offer VoIP by end of Q2

Essa Haddad, the chief commercial officer of Etisalat has said the UAE telecoms operator is to... Read full article »
United Arab Emirates: Saturday, April 21 - 2012 at 11:58
Instagram was recently bought by Facebook for $1bn

Fake Instagram photo app warning for Android users

Cybercriminals have created fake version of Instagram for Android, designed to deposit malware... Read full article »
Middle East: Thursday, April 19 - 2012 at 15:14

Orascom Telecom pays out $40m in taxes after external audit

Egypt's Orascom Telecom (OT) has said its 2011 net profit dropped by a further $40m after... Read full article »
Egypt: Thursday, April 19 - 2012 at 12:33

Samsung, Apple smartphones to adopt new innovative materials

Samsung Electronics and Apple Inc. are shifting the focus of their competition to new materials,... Read full article »
Middle East: Thursday, April 19 - 2012 at 12:32

Zain Saudi readies $2,6bn refinancing deal

Zain Saudi has announced it was finalising the refinancing of a SR9.75bn ($2.6bn) facility due in... Read full article »
Saudi Arabia: Thursday, April 19 - 2012 at 12:32
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