Bahraini construction firm Nass Corporation has announced a net profit of BHD 1.938 million (US$5.1 million) for the first quarter of 2012, representing a slight rise from the BHD 1.827 million (US$4.8 million) posted for the same period in 2011
Technology
STC awards Huawei advanced network support contract
Saudi Telecom Company (STC) has selected Huaweis PID (Photonic Integrated Device) technology to support its wavelength-division multiplexing (WDM) networks
GDF Suez sells stake in Bahrain power plant
GDF SUEZ and International Power have completed the sale of Bahrains Hidd Power Company (HPC) to Malakoff International Ltd for US$113.4 million
Honeywell launches enterprise software for process industries
American conglomerate?Honeywell has introduced a new enterprise-wide solution that has been designed for process industries
Tunisiana awarded 3G and fixed-line licences
Qatar Telecom (Qtel) has announced that its subsidiary Tunisiana has won licences to operate 3G and fixed-line networks in Tunisia