Last year, the company reported a profit of $739 million.

Jerusalem - Khalil Sayegh lives in the United States and for days he anxiously awaited news of his family who had taken refuge in Gaza churches to escape the Israel-Hamas war. A few days before Christmas, he learned his father had died due to a lack of medical care, Sayegh...

Its revenues grew 3.7% to US$896 million in the quarter.

The company reported a revenue of $205m in H1 2023.

The merger will lead to network investment of £11 billion over 10 years.

Revenue is due to demand for fixed, mobile services.

Seoul, South Korea -- Samsung Electronics is banning employees in its mobile and appliances division from using generative AI services such as ChatGPT, the company said on Tuesday, after instances of "misuse" of the technology. Interest in artificial intelligence chatbots has soared since the Microsoft-backed ChatGPT debuted in November. ChatGPT caused...

LONDON, UK - The UK will conduct its first test of a new emergency alert service on Sunday, with millions of mobile phones set to emit a loud alarm and vibrate at 3:00pm (1400 GMT). The national system, modeled on similar schemes in Canada, Japan, the Netherlands and the United States,...

Mobile data service revenues are expected to reach 60 percent of the total GCC mobile service revenues by 2026.

The EU announced the discovery of a sophisticated US$2.3-billion VAT tax fraud that triggered raids in 14 countries, including France, Germany, Greece and Spain. Over 600 people participated in the scheme, "believed to be the biggest VAT carousel fraud ever investigated in the EU," according to the European Public Prosecutor's...

ABU DHABI, UAE - Abu Dhabi Islamic Bank (ADIB) announced that its retail customers were able to conveniently participate in the subscription of initial public offerings (IPOs) that were issued this year through its mobile app. ADIB said that 80 percent of clients subscribed IPOs that were issued in 2022...

It posted $863.17m in revenues for the first nine months of 2022.

With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel.

Steady chip demand and brisk smartphone sales led to the rise.

The shopping behavior has changed a lot in the region in past two years as consumers are looking for promotions and offers especially in food, perishables, groceries and home appliances. Studies suggest that consumers are spending more on cross-border goods, particularly consumer packaged products, during Ramadan this year.

There is so much more the industry can explore through digital engagement, including digitizing products and services, gamifying experiences, creating loyalty eco-systems to encourage customer adoption, as well as using data insights to create personalized customer experiences are just a few examples, she adds.

The retail electronics sector has proliferated in GCC countries, with demand rising not only due to the urge to own the latest technologies but also because more and more people are working and learning from home, he adds. Dubai Chamber, meanwhile, has claimed ecommerce businesses might generate up to $8...

During the same period, fixed internet subscriptions totaled 526,367 and the fixed landline subscriptions went up to 577,966.

New company is named as PT Indosat Ooredoo Hutchison Tbk.

UAE-based Telal Gents Fashion has set a Guinness World Record for the largest mobile clothing store The company converted a fleet of buses into custom-made replicas of its stores, with a total area of 24.47 square meters   Guinness World Records has recognized UAE-based apparel firm Telal Gents Fashion as...