Business Blog

Islamic banking profitability set to surge across the world

The Islamic banking profit pool across key markets such as Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to exceed USD25 billion by 2018, according to latest projections by EY.
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Islamic banking profitability set to surge across the world

The Islamic banking profit pool across key markets such as Qatar, Indonesia, Saudi Arabia, Malaysia, UAE and Turkey are expected to exceed USD25 billion by 2018, according to latest projections by EY.

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Al Tayer opens first smart cabbies training center in Dubai

H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads and Transport Authority (RTA), has recently opened Drivers Rehabilitation Center at Rawiyya, Dubai; which is considered the first smart training center dedicated to training taxi drivers of franchise companies and drivers of on-demand taxicabs (luxury /Limo taxi service) in the Emirate of Dubai.

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Oman's Infoline announces pact with Aspect

Underscoring the growing international reputation of Oman's IT industry, well-known Omani BPO and IT services provider Infoline has signed a channel relationship agreement with Aspect Software, a leading provider of fully-integrated customer interaction management, workforce optimisation, back-office solutions, and award-winning cloud solutions.

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Lenovo sees USD5bn enterprise business from IBM deal

Lenovo sees a USD 5 billion (AED 18.4 billion) enterprise business if the deal with IBM goes through.

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Lenovo aims to sell 80m smartphones with Motorola acquisition

China’s Lenovo Group Ltd, the world’s biggest personal computer manufacturer, is positioning itself to be the driving force to disrupt the top two smartphone makers — Samsung and Apple — in the market.

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