Comba Telecom Systems Holdings Ltd, a Hong Kong-listed wireless solutions provider, announced a rise of over 100 per cent in Middle East revenues compared to the same period last year in its Q2 2014 results
Technology
Abu Dhabi government likely to reform electricity and water subsidies

The government of Abu Dhabi is seeking ways to streamline subsidy policies for water and electricity across the emirate. (Image source: BernardWee/Flickr)
The Abu Dhabi government is expected to reform its subsidies on water and electricity, according to a senior International Monetary Fund (IMF) official
Smartworld launches local cloud computing services in the Middle East
Smartworld has launched local cloud computing, remotely-managed ICT infrastructure and security services and BizPark solutions services for existing small and medium companies and new start-ups at all UAE free zones
Middle East sees rising need for enterprise software solutions in energy sector

A rising number of specialist companies in the energy sector have aided the increase in expenditure in enterprise solutions. (Image source: Michael Novelo/Flickr)
More than US$50bn worth of contracts for various oil, gas and petrochemical projects were issued last year. The value of investments is nearly double the US$27bn in contracts awarded in the previous year, reflecting a sharp rise in oil and gas projects across the region
ICT investment spending in the Middle East

Kables report in Middle East ICT investment focuses on how individual companies are setting their ICT budgets. (Image source: Jakub Krechowicz)
A study from Kable examined 124 Middle Eastern enterprises regarding their Information and Communications Technology (ICT) investment trends