Technology brands have once again dominated in the Top 100 Most Valuable Global Brands ranking, accounting for over 50 percent of the top 100 and eight out of the top ten companies.
Bahrain, News, Software
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.0 3817
How Amazon’s Alexa has shocked users
Amazon has said a that series of miscues picked up by one of its voice-activated Echo speakers during a couple’s …
Apple inches closer to becoming first $1 trillion company
Apple is reportedly on the verge of becoming the first $1 trillion publicly listed US firm, according to Reuters.
Amazon to double credit line as cloud revenue jumps 49%
Amazon.com is more than doubling its line of credit to $7 billion as it takes steps to fuel revenue growth, including …
Etisalat crowned the region’s most valuable brand: report
https://youtu.be/gFUCZvo2LJg
Middle East telcos among region’s most valuable brands
UAE-based telco Etisalat has recently been named as the region’s most valuable brand in Brand Finance’s list of the Middle East’s top 50 brands for 2018.
“We are investing in the future,” says Saudi Arabia finance minister
Saudi Arabia finance Minister Mohammed al-Jadaan has recently highlighted that the Kingdom is determined to make significant investments in diversifying its economy.
“There’s still a lot to do,” says Souq.com CEO
Speaking at the Seamless Middle East forum in Dubai today, Ronaldo Mouchawar, CEO and founder of Souq.com, said that the $580 million Amazon acquisition in 2017 put the UAE at the forefront of technology innovation, but there is still much to be done in the region’s e-commerce space.
Apple hires ex-Amazon exec for software role
Apple said it has hired technology executive Jon McCormack as a vice president working on software, according to Bloomberg.
Amazon begins hiring push in Riyadh following Saudi prince visit
Amazon.com is looking to expand its reach in Saudi Arabia by adding several jobs to its Riyadh operations, according to a Bloomberg report.