Monday 23 April 2018
 
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Hardware

Dubai’s hardware, tools trade hits $1.3bn in 2017

Dubai’s external trade in hardware and tools reached Dh4.8 billion in 2017, with imports standing at Dh3.4 billion, re-exports at Dh1.36 billion, and exports at Dh30 million, according to the latest figures released by Dubai Customs ahead

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Google and HTC sign $1.1bn cooperation agreement

Alphabet subsidiary Google and smartphone maker HTC  have signed a $1.1 billion cooperation agreement under which Google will acquire a team of HTC employees, as well as some non-exclusive licenses to some of the Taiwanese company's int

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Ericsson opens distribution centre in Dubai

Ericsson, a leading provider of communication technology and services, has opened its first telecom equipment hardware and software distribution centre in Dubai, UAE.   Ericsson Supply Centre for Middle East region is the firs

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Cyber threat on hardware among top trends for 2016

Cyber threats around ransomware, attacks on hardware and firmware including automobile systems and infrastructure and the warehousing and sale of stolen data, are among the key issues for IT security in 2016, a report said. Intel

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Hardware+Tools ME signs off on a high note

More than 214 exhibitors engaged with over 3,500 visitors at the Middle East’s dedicated trade show for hardware, tools, materials and machinery in Dubai, UAE, recently. The 16th edition of Hardware+Tools Middle East welcome

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Hardware+Tools ME signs off on a high note

More than 214 exhibitors engaged with over 3,500 visitors at the Middle East’s dedicated trade show for hardware, tools, materials and machinery in Dubai, UAE, recently. The 16th edition of Hardware+Tools Middle East welcome

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Hardware firm Saco's IPO meets strong demand

The retail portion of the initial public offer of Saudi Company for Tools and Hardware (Saco) has been covered 620 per cent, its financial adviser said. Saco, a popular supplier of building tools and mechanical equipment in the ki

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Hardware firm Saco's IPO meets strong demand

The retail portion of the initial public offer of Saudi Company for Tools and Hardware (Saco) has been covered 620 per cent, its financial adviser said. Saco, a popular supplier of building tools and mechanical equipment in the ki

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Al Muhaidib buys into Kuwaiti hardware chain

Saudi Arabia's Al Muhaidib Group has bought a 35 per cent stake in building supplies and hardware retailer Abyat, the adviser to the Kuwaiti-based chain said on Monday. The deal will help Abyat expand into Saudi Arabia and the

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Saudi hardware retailer to raise $134m from float

Saudi Company for Tools and Hardware (Saco), a popular do-it-yourself (DIY) chain in the kingdom, has set the price for its 30 per cent initial share sale at SR70 ($18.70) each, a statement from the company's financial adviser said on Thursd

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