The potential deal comes as Oger Telecom, Turk Telekom’s biggest shareholder, faces increasing pressure from creditor banks after missing debt repayments of $290 million in both September and March on a $4.75 billion loan.
News, Software
UAE CIOs rank cloud as a top investment priority
With 85 percent of UAE CIOs ranking cloud as their top investment priority to 2020, managing multiple clouds will be the foundation for business success, industry experts revealed recently.0 3669
SoftBank Vision Fund pumps $4.4 billion into WeWork
Japan’s SoftBank and its Saudi Public Investment Fund-backed Vision Fund have agreed to invest a combined $4.4 billion into New …
FTA debuts online platform to prepare UAE businesses for VAT
The Federal Tax Authority (FTA) has launched a new website aimed at providing businesses and consumers with a wealth of information on the upcoming introduction of excise tax and VAT in the UAE.
Sabari Indian School deploys Wi-Fi for eLearning
Sabari Indian School, a Dubai-based school offering CBSE curriculum has implemented a wireless infrastructure from Aruba, a Hewlett Packard Enterprise …
Uber targets Saudi businesses with new platform
The company claims that the new version of Uber for Business will save companies money by automating business travel.
Omantel completes $846.1 million Zain stake purchase
Omantel has won the bid to acquire 9.84 percent of Zain’s issued share capital, representing a total cash value of …
A notable comeback: Samsung launches Galaxy Note8
Samsung, during a special event in New York, has last night launched the latest addition to its Galaxy Note series – the Note 8.
SoftBank-designed robot priest available for funeral hire in Japan
Funeral arrangers have the option to deck Pepper out in the robe of a Buddhist monk, and can even live-stream the ceremony to those who can’t attend the funeral in person.
Max brings e-commerce platform to Saudi Arabia
Max, a regional fashion brand, has reportedly launched its new online shopping website (www.maxfashion.com) and iPhone and Android apps, for customers across Saudi Arabia.
Why boardrooms will prioritise innovation, data centres and security in 2018
The Middle East’s shift to digital business has created a dilemma for the regions CIOs. They need to innovate and implement change, while also retaining levels of control and management.