Friday 29 April 2016
 
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Zain Bahrain posts $2.4m Q1 profit; LTE usage surges

Zain Bahrain, a key telecoms provider in the kingdom, posted a BD917,000 ($2.4 million) net profit for the three-month period ending March 31, 2016, as data usage through its state-of-the-art 4G LTE network surged by 121 per cent, the company sa

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Microsoft showcases cloud tools at Dubai show

Microsoft showcased live demos on emotion detection, Internet of Things remote monitoring solutions and social analytics at the Big Data Show, which commenced today (March 29) at the Dubai World Trade Centre.   T

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Ooredoo launches new Musafir bundles for travellers to UAE

Ooredoo has launched its all-new value-added plans, designed to help travellers to the UAE stay connected and keep in touch.    The new bundles, named Musafir UAE, from the leading telecom operator, have dou

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BHB adopts distribution license fees for data vendors

The Bahrain Bourse has approved the data distribution fees for licensed data vendors, effective from April 3.   Shaikh Khalifa bin Ebrahim Al-Khalifa, chief executive officer, said the resolution includes a list

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Mobily urges customers to update fingerprint data

Saudi-based telecom services operator Mobily has called upon all prepaid customers to update their fingerprint records at its various branches in the kingdom. The move is in line with the directives of Communications and Informati

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Strong US payrolls report boosts dollar, stocks

The US dollar rose along with stocks after data showed the labour market in the United States was in good shape, fanning expectations the Federal Reserve will gradually raise interest rates this year.   European

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Gold steadies near 13-month high before US jobs data

Gold steadied, after hitting its highest level in more than a year on a softer dollar, as traders awaited US payrolls data for further clues on monetary policy.   Weak numbers in the payrolls data, may further da

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Asian shares set for best week in 5 months

Asian shares looked set on Friday to post their strongest week in five months as global investors returned to riskier assets after a string of positive US economic data and a bounce in oil and commodity prices.  

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Commvault introduces new data management system

American information management firm Commvault recently unveiled the Commvault Clinical Archive, designed to help healthcare organisations better manage and share clinical data. The new product centralises information by breaking down d

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IRTI, CIBAFI in deal to set up Islamic finance data repository

The Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group, and the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, have sign

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