Batelco has introduced B Spectrum, an advanced data connectivity service set to enhance network flexibility and scalability in Bahrain and across the Middle East. The service is powered by technology from Ciena which specialises in optical and routing systems, automation software, and services.
Abu Dhabi-based Modon Holding has announced a definitive agreement to acquire Arena Events Group through a deal with International Holding Company (IHC) and TasHeel Holding.
Dubai Internet City will take centre stage at the AI Everything Global event which runs from 4 – 6 February in Abu Dhabi and Dubai. At the event, Dubai Internet City will highlight how the region’s digital successes can be leveraged to shape AI development that is both socially equitable and economically viable.
With the start of UAE-Kuwait Week, the two GCC nations are aiming to enhance economic and cultural cooperation. The two-day event in Dubai gathers ministers, senior officials, and key business leaders from both countries to explore avenues for further collaboration.
A new partnership aims to support startups and SMEs by ensuring they have access to resources and opportunities to drive growth in the property technology (proptech) sector.
Dubai’s real estate sector is set to continue its upward momentum in 2025, fuelled by investor confidence, an expanding luxury segment, and rising demand for commercial properties.
Ooredoo Group has signed a landmark agreement with Alcatel Submarine Networks to construct a high-capacity submarine cable system that will connect seven Gulf nations – Qatar, Oman, the UAE, Bahrain, Saudi Arabia, Kuwait, and Iraq.
The global car rental network Finalrentals has partnered with UAE-based Autorent to revolutionise car rentals in both the UAE and wider region.
The Central Bank of the UAE (CBUAE) has announced that the base rate for the overnight deposit facility (ODF) will remain at 4.40%. This decision aligns with the US Federal Reserve’s move to keep the interest rate on reserve balances (IORB) unchanged.
Financial services provider Paymob has announced a partnership with the open source eCommerce platform Woo. The collaboration marks Woo’s first preferred partnership in the region, integrating Paymob’s payment technology directly into the WooCommerce Marketplace.
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