According to a report by Kuwait-based Global Investment House, titled “Private Equity in the MENA Region”, the spending power of the region’s growing middle class is influencing a shift in investment focus away from oil & gas to service-based and consumer-oriented businesses.
During the period from 2007 till H1-2008, investments made were highest in the Basic […]
A recent worldwide survey by market intelligence firm, Synovate, revealed that 58% of people don’t know what social networking is, plus over one third of social networkers are losing interest.
Over 13,000 people between the ages of 18 and 65 in seventeen markets around the world took part in the survey.
Across these 17 markets surveyed, 42% of people know […]
Bahrain’s mobile penetration rate has the potential to reach 164 per cent by 2012, a penetration rate, which is already being reached in some European countries and in other parts of the Middle East.
By the end of 2007, the number of mobile subscribers in Bahrain had increased to 1.116 million, translating to a penetration rate […]
According to official numbers released by the Jordanian Telecommunications Regulatory Commission, the number of internet users in the kingdom reached 1.2 millions users at the end of the first half of 2008, which represents a penetration rate of more than 20.5% of the Jordanian population which currently stands at around 6 million.
The numbers show a […]
Figures recently released by the Ministry of Communication Technologies reveal a significant growth of mobile phone and internet users in Tunisia. In June 2008 the two mobile phone operators (Tunisie Telecom and Tunisiana) had a combined 8.12 million mobile phone subscribers up from 7 million twelve months earlier.
At the same point, there were 2.68 million […]
The number of broadband subscribers in the Middle East increased by 48 per cent in 2007 compared to 2006, according to a new report published by industry research company RNCOS.
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Intel Capital, Intel’s investment arm, joined Dubai Silicon Oasis (DSO) by announcing its investment in Sphere Networks, an emerging Dubai-based startup specialising in next generation network management software.
» Global Entrepreneurship Week, November 17 - 23, 2008
