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US bid to protect Net from controlsA US and Canadian proposal to protect the Internet from new international regulation has failed to win prompt backing from other countries, setting up potentially tough negotiations to rewrite a telecom treaty. &nb More… |
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45pc in UAE 'scared to use credit card online'About 45 per cent of credit card holders in the UAE prefer not to use their credit cards online fearing fraud, according to a recent study. However, using credit cards online was far safer than More… |
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Net will be omnipresent say expertsThe commoditization of computer chips will lead to the omnipresence of the internet, with our clothes and walls being connected, experts predicted. This will not only create countless new communications channels, it will also produce an en More… |
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Most UAE net users 'stay online for over 3 hours'A majority of the Internet users in the UAE spend three hours or more online every day, according to a survey. The survey on internet usage in the Middle East conducted by Bayt.com, a leading Middle East job site, and YouGov, a rese More… |
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Net fraudsters target Bahrain bankFraudsters have targeted a bank in Bahrain in an attempt to gain the personal details of its account holders so they can steal their identities. They have been sending fake e-mails to Bank of Bahrain and Kuwait (BBK) customers claiming the More… |
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Asry Q1 income hits record $50mArab Ship Building & Repair Yard (Asry) achieved a record operating income of more than $50 million in the first quarter of this year. Net operating income during the first three months of this year reached $51.416 million, an increas More… |
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Kipco Q1 net profit soars to $113mKuwait Projects Company (Kipco), the country's biggest investment company, posted on Saturday first-quarter net profit of KD30 million ($113 million), helped by strong performance of its core operating companies. Kipco made profit of KD15 More… |
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BMI Q1 net soars 24pc to $4.2mBahrain-based BankMuscat International (BMI) on Wednesday announced a net profit of BD1.6 million ($4.2 million) for the first quarter ended 31 March 2008, posting an increase of 24 per cent when compared to last year. The bank had recorde More… |
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Al Ahli posts 30pc jump in Q1 netAl Ahli Bank said on Thursday first-quarter profit surged 30 per cent to QR85.5 million ($23.50 million). The bank's earnings per share for the three months ended March 31 were QR1.46 compared with QR1.12 for the same period last year, it More… |
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ADIH net profit jumps 47pc to $60mAbu Dhabi Investment House (ADIH) made a net profit of Dh220 million ($60 million) last year, 47 per cent higher than the previous year. It is distributing a cash dividend of 30 per cent, or Dh0.3 per share, to shareholders. "This More… |
