Amazon.com is more than doubling its line of credit to $7 billion as it takes steps to fuel revenue growth, including …
Bahrain, News, Software
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.0 4059
Etisalat crowned the region’s most valuable brand: report
https://youtu.be/gFUCZvo2LJg
Middle East telcos among region’s most valuable brands
UAE-based telco Etisalat has recently been named as the region’s most valuable brand in Brand Finance’s list of the Middle East’s top 50 brands for 2018.
“We are investing in the future,” says Saudi Arabia finance minister
Saudi Arabia finance Minister Mohammed al-Jadaan has recently highlighted that the Kingdom is determined to make significant investments in diversifying its economy.
“There’s still a lot to do,” says Souq.com CEO
Speaking at the Seamless Middle East forum in Dubai today, Ronaldo Mouchawar, CEO and founder of Souq.com, said that the $580 million Amazon acquisition in 2017 put the UAE at the forefront of technology innovation, but there is still much to be done in the region’s e-commerce space.
Apple hires ex-Amazon exec for software role
Apple said it has hired technology executive Jon McCormack as a vice president working on software, according to Bloomberg.
Amazon begins hiring push in Riyadh following Saudi prince visit
Amazon.com is looking to expand its reach in Saudi Arabia by adding several jobs to its Riyadh operations, according to a Bloomberg report.
Trump criticises Amazon for exploiting US postal system
US president Donald Trump accused Amazon.com on Thursday of not paying sufficient tax, exploiting the US postal system and putting …
Amazon bumps Google as Wall Street’s second most valuable firm
Amazon.com has reportedly became the second most valuable publicly listed US company on Tuesday, surpassing Google parent Alphabet for the first time, according to Reuters.
Alibaba injects extra $2 billion into Southeast Asian e-commerce firm
Alibaba Group Holding is reportedly investing an addition $2 billion in Southeast Asian e-commerce firm Lazada Group and replace its chief executive.