Monday 29 August 2016
 
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Ericsson, Mobily partner to provide advanced data technology

Saudi Arabia-based telecom firm Mobily has joined hands with Ericsson to introduce TDD 4x4 Mimo technology to its LTE network in the western region of Saudi Arabia. This technology will be deployed using the state-of-the-art Erics

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Saudi cbank foreign assets drop by $6bn

Net foreign assets at Saudi Arabia's central bank fell to $555 billion in July, down $6 billion from the previous month, as the government drew on reserves to cover a budget deficit caused by low oil prices, official data showed on Sunday.

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Habtoor Leighton Group CEO released

The CEO and managing director of  Habtoor Leighton Group (HLG), José Antonio López-Monís, who was detained by Dubai police on August 17, has been released from custody, a Cimic statement said. HLG is Aust

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Philips Lighting backs major Abu Dhabi event

Philips Lighting, a global leader in lighting products, systems and services, has announced that it will be the Gold Sponsor at the Middle East Smart Lighting and Energy Summit, to be held next month, in Abu Dhabi, UAE. The summit

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Philips Lighting backs major Abu Dhabi event

Philips Lighting, a global leader in lighting products, systems and services, has announced that it will be the Gold Sponsor at the Middle East Smart Lighting and Energy Summit, to be held next month, in Abu Dhabi, UAE. The summit

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Iran’s steel exports up 67pc

Iran exported 2 million tonnes of steel and steel products in the four months from March 20 displaying a 67 per cent growth compared to the figure of 1.2 million tonnes for the same period in 2015, said a report. Iran also exporte

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Saudi's Sadara starts up region's first mixed-feed cracker

Sadara Chemical Company, a leading petrochemical joint venture between national oil giant Saudi Aramco and Dow Chemical, today (August 28) started operating its mixed feed cracker (MFC) at the venture's petrochemical complex in Jubail.

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Mazda recalling 190,000 CX-7 vehicles in US

Mazda Motor Corp will recall 190,000 of its CX-7 sport utility vehicles from model years 2007 to 2012 in the US because of an issue that may cause a loss of steering control, US safety regulators said on Friday. "In the affec

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Mazda recalling 190,000 CX-7 vehicles in US

Mazda Motor Corp will recall 190,000 of its CX-7 sport utility vehicles from model years 2007 to 2012 in the US because of an issue that may cause a loss of steering control, US safety regulators said on Friday. "In the affec

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Hapag-Lloyd CEO says planned UASC merger benefits to show in 2017

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its planned merger with Arab rival UASC next year, and realise them fully from 2019, its CEO said on Friday. The

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