Author: Arabian Media staff
Petra Schirren, president of Ericsson Gulf at Ericsson Europe, Middle East and Africa Ericsson’s Gulf operations are doubling down on advanced 5G deployments, Fixed Wireless Access (FWA), and sustainability-driven network innovation as the region accelerates its digital transformation agenda, according to Petra Schirren, president of Ericsson Gulf at Ericsson Europe, Middle East and Africa. Marking her first 100 days in the role, Schirren told Gulf Business that she has focused on meeting customers, stakeholders and regulatory bodies across the region to better understand the opportunities and challenges shaping the GCC’s fast-evolving telecom landscape. “Even though I’ve been in the industry…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The author is chief executive of GTS, a market making and proprietary trading firmThe past few years have shown investors that they should expect the unexpected in geopolitics. Russia’s full-scale invasion of Ukraine and the widespread conflict in the Middle East were probably not the base-case forecasts for scenario planning for many.That experience underlines why policymakers, market participants and investors should treat seriously one of the biggest and long-standing geopolitical risks — an invasion of Taiwan by China — and prepare for…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Markets have mostly shrugged off Donald Trump’s threats of a 50 per cent tariff on Brazil. The country’s Ibovespa stock index was down only 0.5 per cent yesterday. The Brazilian real did take some heat, falling 2 per cent against the dollar after the US president’s…
A resurgent campaign by Yemen’s Houthi rebels against commercial ships in the Red Sea is set to deter many shipowners from returning to the key trade route without the promise of naval protection.The Iranian-backed militants, who control large areas of Yemen, have regrouped since a ceasefire with Washington in May ended a series of damaging US strikes on their positions and stockpiles. They are expected to continue their attacks after sinking two ships this week, said analysts and industry figures.The assault on one of the ships, the Liberian-flagged Eternity C cargo vessel, killed at least one person, the vessel’s manager…
Image: Supplied As Iraq accelerates its digital transformation, Zain Iraq is emerging as a key architect of this new future. From pioneering 5G readiness and network modernization to investing in youth empowerment, tech entrepreneurship, and eSports, the telecom giant is leveraging its capabilities and partnerships to redefine connectivity and innovation in the country. In this exclusive interview, Emre Gurkan, CEO of Zain Iraq, outlines the company’s strategic roadmap, the role of innovation and inclusion, and how public-private collaboration is shaping a digitally empowered Iraq. Iraq’s digital transformation is gaining momentum. How is Zain Iraq driving this journey forward? Iraq’s digital…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A small Italian pension fund is set to play a crucial role in Monte dei Paschi di Siena’s hostile bid for rival Mediobanca after it ploughed almost 70 per cent of its total European equities allocation into the Milanese bank. Enasarco, the private pension fund for trade agents with €9.8bn in assets, built a 2.52 per cent stake in Mediobanca this year, documents reviewed by the Financial Times show. The move, which has prompted accusations of government interference in the takeover bid…
One thing to start: Law firm Quinn Emanuel has sued a listed 3D printing company, claiming it was short-changed on a $30mn fee for winning a legal battle over a troubled merger.More BCG fallout: Two top Boston Consulting Group executives will leave their leadership roles in the wake of revelations about the firm’s work in Gaza.And harsh words from Jamie Dimon: The JPMorgan Chase chief executive warned European leaders they had a competitiveness problem and are “losing” the battle to rivals the US and China. Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is…
Britain’s energy regulator is carrying out special monitoring of the National Grid as the company faces questions over whether it is doing enough to maintain key electricity networks.The FTSE 100 company is undergoing quarterly reviews by Ofgem in relation to investment in its network of high-voltage cables, where refurbishment work has been set back by problems including supply chain delays.The reviews began last year, before the fire in March at a National Grid substation that led to the closure of Heathrow airport and thrust the company into the spotlight. The resulting power cut knocked out Europe’s busiest hub for 24…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldGoogle will heavily discount cloud computing services for the US government, as the Trump administration pressures technology groups to slash prices on long-standing, lucrative contracts.The agreement comes after Oracle last week cut a deal with the government, including a 75 per cent discount on some software contracts for a limited period and “substantial discounts” on its wider cloud computing contracts.Google’s cloud contract is likely “to land in a similar spot”, according to a senior official at the General Services Administration…
The country has staged a powerful recovery in the 10 years since it faced near economic collapse Source link