Technology

Tech Mahindra and Midad Holding to jointly launch new IT company in Saudi Arabia

GB Kumar, vice-president and geo head, Middle East and North Africa at Tech Mahindra, said that Saudi Arabia is the region?s largest economy and Tech Mahindra Arabia would pave the way for exponential growth by solving the business and technical challenges of customers in varied sectors. (Image source: Tech Mahindra)

IT firm Tech Mahindra has announced that it has signed a joint venture agreement with Saudi Arabia?s Midad Holding, a subsidiary of Al Fozan, for the launch of new company namely Tech Mahindra Arabia in the kingdom

Dubai-based electrochemical firm acquired by Hitachi Zosen Corporation

Cumberland provides electrolysers to industries including power, wastewater treatment, and desalination. (Image source: Cumberland)

The electrochemical company Dubai-based Cumberland was acquired by the Japanese industrial and engineering firm Hitachi Zosen Corporation (Hitz), it was announced today

The future of wastewater management

AES Arabia manager of business development Asad Iqbal Khan

AES Arabia Ltd is a total water and wastewater management and solutions provider, which offers custom design, manufacturing, turnkey execution, project management and O&M services to its clients in the Middle East and North Africa. Asad Iqbal Khan, AES Arabia manager of business development, spoke to Technical Review about how the industry will develop

Dubai to get an entrepreneurship centre

The Dubai Silicon Oasis Authority is keen to open a technology entrepreneurship centre. (Image source: DSOA)

The Dubai Silicon Oasis Authority (DSOA) has announced that it will set up an entrepreneurship centre, which will be located within the freezone technology park Dubai Silicon Oasis

IFC to invest US$500 million in MENA companies

International Finance Corporation hopes to create jobs, develop infrastructure and enable easy access to SMEs for funding. (Image source: MrTinDC/Flickr)

The World Banks International Finance Corporation (IFC) will invest US$500mn in MENA companies, according to vice-president Dimitris Tsitsiragos