BT has announced that it intends to expand its presence in Turkey, the Middle East and Africa through a number of new initiatives.
BT to expand its regional operations
Technology
France Telecom offers US$2 billion for Mobinil
France Telecom has offered to buy a majority stake in Egyptian telecoms operator Mobinil.
France Telecom has offered to buy a majority stake in Egyptian telecom operator Mobinil from billionaire Naguib Sawiris in a deal that could cost as much as US$2 billion.
Honeywell invests in new Dubai facility
Honeywell announced the establishment of a new facility in the UAE. Pictured: Norm Gilsdorf, HPS, President.
Honeywell announced the establishment of a new facility in the UAE, to strengthen customer support in the Middle East for its Process Solutions and Scanning & Mobility businesses.
Omantel reports 10.3 per cent rise in Q4 profit
Omantel made a net profit of U$78.2mn in Q4.
Oman Telecommunications Co (Omantel) reported a 10.3 per cent rise in Q4 net profit as the operators subscriber base grew.
QEWC to acquire stake in Jordanian power plant
QEWC has agreed to buy a 23.3 per cent stake in Jordans Amman East power plant from a Bahraini infrastructure fund.
Qatar Electricity & Water Co (QEWC) has agreed to buy a 23.3 per cent stake in Jordans Amman East power plant from a Bahraini infrastructure fund.
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