The system is at the prototype stage, and the Moscow-based company is in talks with government bodies.
The telecoms operator said net loss widened by two percent because of lower revenues.
Bargain-bucket tablets are quickly outselling laptops in the UAE, say retailers.
The Dubai Mercantile Exchange plans to shift its focus away from national oil companies, said its new CEO.
Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.
Gulf Business checks out the high-powered wheels driven by those who sit in the corner office.
Saudi Aramco has been pumping around 10 million barrels per day for most of this year.
Lack of awareness about IT security in the region is leading to a rise in online criminal activity, say experts.
World famous tech brand is to also launch its new Windows 8 software on October 26, with an exclusive local launch in Dubai.
The global technology company plans to build an innovation centre in the Dhahran Techno Valley.
The Saudi telecom giant has also revealed details of a new collaboration with Hilton Hotels.
The Saudi lender said that third-quarter net profit dropped 3.5 per cent from last year to SAR1.87 billion.
The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.
The property firm reached a restructuring agreement with creditors on a $1.2 billion loan last week.
Overspending and a lack of financial planning spell an insecure future for UAE residents.
The biometric seat being developed by the car maker will be able to monitor driver wellness and stress levels.
The Saudi telecom giant has made several announcements on the opening day of technology week, including deals with Ericsson, Huawei and Wikipedia.
Reports claimed that Silvio Berlusconi was considering selling a 30 per cent stake to Qatar for 250 million euros.
The Saudi Arabian Fertilizer Company blamed low urea prices for the drop in profit.
Samba, the Kingdom’s second-largest listed lender by market value, made SAR1.16 billion in the third quarter of the year.
The property firm will now be owned by the Dubai government.
AnchorFree offers a safer way to browse the web, preventing hackers from public WiFi access.
The Saudi lender posted a profit of SAR 656 million for the three months ended 30 September 2012.
The Kingdom’s eighth-largest lender said that it made SAR317 million in the third quarter of the year.
Global firms and large regional names are losing their top talent to Qatari lenders who offer better pay and stability.
The region’s largest ICT event takes place this month from 14-18 October at Dubai’s World Trade Centre.
Demand is reducing because of decreasing consumption in China and uncertainties in Europe, said the World Steel Association.
The Kingdom increased the selling prices for November to Asian buyers in line with widening product cracks.
The two European aerospace giants cancelled their planned merger because of political impasse.
Manchanda had been acting CEO of the Dubai-based developer since June 2011.