Zain KSA posted a 13 per cent rise in 2011 revenues and unveiled plans to embark on the telecoms biggest network expansion to date.
Technology
BT to expand its regional operations
BT has announced that it intends to expand its presence in Turkey, the Middle East and Africa through a number of new initiatives.
France Telecom offers US$2 billion for Mobinil
France Telecom has offered to buy a majority stake in Egyptian telecom operator Mobinil from billionaire Naguib Sawiris in a deal that could cost as much as US$2 billion.
Honeywell invests in new Dubai facility
Honeywell announced the establishment of a new facility in the UAE, to strengthen customer support in the Middle East for its Process Solutions and Scanning & Mobility businesses.
Omantel reports 10.3 per cent rise in Q4 profit
Oman Telecommunications Co (Omantel) reported a 10.3 per cent rise in Q4 net profit as the operators subscriber base grew.