The World Banks International Finance Corporation (IFC) will invest US$500mn in MENA companies, according to vice-president Dimitris Tsitsiragos
Technology
Tech Mahindra seeks partnership in Middle East for expansion
Indian technology company Tech Mahindra is in talks for joint ventures in Iraq and Algeria to expand its presence in the Middle East
Etisalat completes acquisition of Maroc Telecom
Emirates Telecommunications Corporation (Etisalat) successfully completed the acquisition of Vivendi?s 53 per cent shareholding in Itissalat Al Maghrib (Maroc Telecom)
Accenture to help Sadara with IT services at new Jubail complex
Accenture and Sadara Chemical Company have signed a multi-year agreement to help the latter provide business and IT services across the organisation leading to the opening of Sadara?s chemicals complex in Jubail
Yota Devices launches world?s first dual screen smartphone in Dubai
Russia?s Yota Devices launched the world?s first dual-screen smartphone in Dubai for the Middle East market, in partnership with Dubai?s Jumbo Electronics recently