Oman?s one of the leading cement manufacturers Raysut Cement Company is planning to acquire ARM Cement of Kenya, a move that is in line with Raysut?s strategy to expand businesses in East and Central Africa
Technology
ICD to introduce blockchain solutions in Islamic banking system

The signing of agreement between ICD and IFTS to implement new technology solutions in banking. (Image source: ICD)
Islamic Corporation for the Development of Private Sector (ICD) and I-FinTech Solutions (IFTS) have signed an investment agreement to implement blockchain solutions for Islamic banks
Bapco automates its VAT in partnership with Innovate Tax Ltd
Bapco, the national oil company of Bahrain, has appointed Innovate Tax as its preferred partner to provide automated VAT determination services
IIoT creates opportunities in industrial cybersecurity industry

Cyberattacks within the energy and utilities industries alone cost an average of $13.2 million per year. (Image source: Blogtrepreneur/Flickr)
High penetration of Industrial Internet of Things (IIoT) technology in critical infrastructure and the manufacturing sector has resulted in a growing number of potential cyber-attack surfaces, a market research company Frost & Sullivan observed
GSMA reports: MENA mobile operators set for global 5G leadership

The number of smartphone connections across MENA stands at 332mn as of Q2 2018. (Image source: Free-Photos/Pixabay)
The Gulf Cooperation Council (GCC) Arab States1 are set to be global leaders in the deployment of 5G networks, with all six markets expected to launch 5G mobile services in the next two years, according to two GSMA reports released at Mobile 360 Series ? MENA