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Nokia charging back with full force
Saudi government websites targeted
Landline monopoly Telecom Egypt reported a 25 percent drop in second-quarter net income on Wednesday, pushed lower by weaker revenue and employee demands for higher pay since the country's president was overthrown in a popular uprising.
August 8, 2012 4:27
Saudi Telecom Co (STC), the Gulf's No.1 telecoms operator, reported a 6.7 percent rise in second-quarter profit on Wednesday, beating analysts' estimates.
July 19, 2012 12:35
Saudi Telecom Co, the Gulf's No.1 telecoms operator, has appointed Khaled al-Ghoneim as group executive, the former monopoly said on Wednesday.
June 6, 2012 7:06
Lead manager Saudi Fransi Capital, the investment banking unit of Banque Saudi Fransi, and Rajhi Capital, part of Al-Rajhi Bank, will each underwrite 44.8 percent of the issue's 600 million shares.
June 6, 2012 11:47
Egypt's financial market regulator EFSA said on Sunday that France Telecom can go ahead with a tender offer for a stake in mobile operator Mobinil held by local shareholder Orascom Telecom Media and Technology (OTMT).
April 23, 2012 9:13
Zain Saudi said its first quarter loss narrowed by 21 percent from a year earlier due to lower operating costs, in line with analyst expectations.
April 17, 2012 3:38
UAE telecom operator Etisalat plans to sell its entire 13.29 percent stake in Indonesia's No.3 phone firm PT XL Axiata, to raise between $600 to $700 million this year, sources said on Tuesday.
March 13, 2012 1:52
Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.
March 8, 2012 3:27Saudi Telecom Co's (STC) rising domestic revenue, halting a downward trend for the former monopoly, may lead it to slow its overseas push where it faces a tougher operating environment and limited buying opportunities.
March 8, 2012 3:27
Qatar Telecom (Qtel) has been awarded a contract to provide telecoms services at the new $11 billion Doha airport scheduled to open in December, the former monopoly said on Tuesday.
March 7, 2012 1:56
Saudi Telecom Co is keen to take on a partner willing to offer services over its wireless network, an executive at the former state telecoms monopoly said on Wednesday.
March 6, 2012 1:54Landline monopoly Telecom Egypt said on Thursday its 2011 net profit fell 6.8 percent year on year to 2.93 billion Egyptian pounds.
February 23, 2012 11:28
UAE telecom operator Etisalat on Wednesday said it would shut down the operations of its Indian joint venture, three weeks after an Indian court cancelled the affiliate's licence amid a corruption probe.
February 23, 2012 11:11
Kuwait's Zain posted a net profit of $1.03 billon in 2011, up from $1.02 billion in the previous year, the state news agency KUNA reported on Monday.
February 14, 2012 2:36
Increased optimism on successful capital restructuring will help Zain Saudi Arabia to further narrow its valuation gap with peers through 2012, Riyad Capital said and raised its price target on the telecom operator's stock by nearly 40 percent.
February 13, 2012 2:26
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
