The Gulf IT market is expected to cross AED 44 bln (USD 12 bln) by 2011, representing a growth of almost 12%, according to the latest IDC reports. Recent studies also indicate
HTC has launched the new Touch Viva inj the Middle East with a presentation in Dubai. The new smartphone utilises TouchFLO, HTC’s finger-touch optimized navigation experience enabling quick, one-touch access to people,
Most Asian stock markets rallied on Monday, with valuations growing more attractive, and oil prices rose ahead of an expected supply cut at an emergency OPEC meeting this week, but a threat
Stocks cut losses on Friday and the Nasdaq briefly turned positive as a search for bargains by investors tempered recession worries. Reassuring results from tech bellwethers Google and Advanced Micro Devices Inc
Construction starts on new homes fell to a new 17-1/2 year low in September as builders scaled back amid a worsening housing slump and growing turmoil in financial markets that helped pushed
Short-term interbank dollar rates eased on Friday in response to governments' aggressive steps to unclog money markets, but longer-term funding remained scarce as market participants awaited further details of these plans. The
19% market share, 159,000 subscribers MTN Group has started the implementation of its ambitious expansion plan to become the leading telecommunications company in Cyprus together with joint venture partner Amaracos Holdings, part
Moody's Investors Service is maintaining the stable outlook for Korea's A2 local and foreign currency government bond ratings. "The stable ratings outlook is premised on the ability of the authorities to manage
European shares jumped in early trade on Friday, tracking gains in the United States and Asia, as investors picked up battered banks and energy shares were lifted by a rise in crude.
Equities rose across the world on Friday after encouraging earnings signals from technology firms such as IBM and a slowly improving tone in beleaguered short-term money markets helped ease recession fears. European
