IT & Telecommunications

IT & Telecommunications

Benefit wins ISO recertification for info security and business continuity

Sat, 21 Jun 2025

Benefit, a leader in Bahrain's fintech and e-financial transactions, has secured ISO recertification for its information security and business continuity management systems following the completion of a comprehensive joint audit for both standards.

IT & Telecommunications

Omniyat unveils $980m ultra-luxury project in Dubai

Fri, 20 Jun 2025

Omniyat, a leading UAE real estate developer, has launched Lumena, an AED3.6 billion ($980 million) ultra-luxury commercial development located on Sheikh Zayed Road in the Burj Khalifa district, at the intersection of Business Bay and Downtown Dubai.

IT & Telecommunications

Arabian Ranches 2 luxury villa sold for record price, says DMDC

Thu, 19 Jun 2025

Dubai-based design and construction company DMDC has announced that a newly-renovated luxury villa in Arabian Ranches 2 has set a new benchmark, selling for AED14.5 million ($3.9 million), the highest recorded property transaction in the community.

IT & Telecommunications

Google pumped $8.3bn into Saudi economy in 2024, says report

Thu, 19 Jun 2025

Google’s AI-powered tools and products are driving macroeconomic growth in Saudi Arabia, improving daily life and productivity for its society and economy. As per a new report, Google has provided nearly SAR31.2 billion ($8.3 billion) of economic activity

IT & Telecommunications

EDGE in deal to boost local maintenance of Thales' systems in UAE

Tue, 17 Jun 2025

EDGE, a leading advanced technology group, has signed a deal with Thales, a global leader in high technology solutions for defence and security, to enhance co-operation in the production and maintenance of Thales’ advanced electro-optic systems in UAE.

IT & Telecommunications

stc Bahrain boosts 5G network, AI leadership with Huawei deal

Mon, 16 Jun 2025

stc Bahrain has signed a strategic agreement with global tech group Huawei to jointly innovate and develop cutting-edge 5G-Advanced (5G-A) and AI-powered digital services, enhancing monetisation capabilities to ensure business success in the TechCo era.

IT & Telecommunications

UK’s NayaOne enters Saudi market with new fintech platform

Mon, 16 Jun 2025

NayaOne, a vendor delivery infrastructure platform, has entered into the Saudi market with support from business expansion platform AstroLabs. This launch provides Saudi institutions access to the local tech ecosystem as well as wider NayaOne ecosystem.

IT & Telecommunications

Blue Line 'writing new chapter' in Dubai's real estate boom

Mon, 16 Jun 2025

Dubai Metro's Blue Line is having a profound positive impact on the emirate's real estate market, reshaping the real estate investments map and also writing a new chapter in the city's real estate boom, said a leading UAE real estate brokerage.

IT & Telecommunications

NBB seals strategic deal with Batelco to boost fintech offerings

Mon, 16 Jun 2025

National Bank of Bahrain (NBB) has signed an agreement with Batelco by Beyon, to deliver integrated service packages to their business clients. This marks a significant step in advancing Bahrain’s digital economy by combining fintech services with compreh

IT & Telecommunications

UAE's non-oil foreign trade to hit $1.1 trillion by 2027, says report

Mon, 16 Jun 2025

UAE's non-oil foreign trade saw a 18.6% y-o-y growth in Q1, hitting AED835 billion ($227 billion). Buoyed by this consistent record, the UAE aims to take the trade to AED4 trillion ($1.1 trillion) by 2027, four years ahead of schedule, said a report.