The IT services market in the Middle East is predicted to generate US$5.2bn by 2015, according to a recent study by the Dubai Chamber of Commerce and Industry (DCCI)
Technology
Al Faris to open second Saudi Arabian rental facility
Al Faris Group is set to open a second rental depot in the Western Region of Saudi Arabia following an increase in demand for its services in the kingdom
Honeywell launches training centre in Saudi Arabia
Honeywell has opened a research and training facility in Dhahran that it hopes will open career opportunities up to Saudi Arabian nationals
Vodafone signs pact with Zain to expand in Middle East
Vodafone has signed an agreement with Kuwaiti telecom company Zain to expand its footprint in the Middle East
Qtel repays US$3 billion loan facility ahead of Wataniya takeover
Qatar Telecom (Qtel), the state-owned operator that has been planning a full takeover of Kuwaiti operator Wataniya, has repaid a US$3 billion loan facility