UK defence company Westminster Group has secured a US$3mn contract to supply high-technology scanning equipment for counter terrorism operations in the Middle East
Technology
Nawras secures US$182 million finance deal
Omani Qatari Telecommunications Company (Nawras) has signed a new financing agreement worth US$182mn to fund improvements to its internet network over a five-year period
Bahrain's Investcorp buys US firm FishNet Security
Investcorp, one of the Middle Easts largest private equity houses, has acquired a majority stake in Kansas-based information security firm, FishNet Security Inc, from Lake Capital
Menatelecom awards 4G wireless contract to Huawei
Menatelecom has signed a contract with Huawei Technologies to deploy its latest 4G Long Term Evolution (LTE) wireless network in Bahrain
Bill Gates leads US$1 billion investment in Orascom
Orascom Construction Industries has announced that Comprising Cascade Investment, an investment vehicle owned by Microsoft founder Bill Gates and other US firms, has invested US$1bn into the Egyptian company
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