The boards of both companies have reportedly approved the deal, expected to be announced on Monday.
An investigation traced the attacks to hundreds of internet protocol addresses in a number of countries.
Boasting its own app, the Zikmu Solo provides great output and comes equipped with various connectivity options.
Rakbank suffered a $5 million coordinated heist at ATMs around the world in December while Bank of Muscat lost $40 million in February.
The social networking site generated mobile advertising revenues of almost $375 million during the first quarter.
Priced at Dhs999 in the UAE, the mid-range android smartphone comes packed with features.
The phone is priced at Dhs2,599 and will be available at all major retail outlets in the country.
A businessman from Hong Kong has commissioned the bejewelled device.
The shorter GITEX technology event in March indicated 2013 will be dominated by tablet computers, mobiles and accessories.
Gulf Business lists 10 companies to keep a close eye on as they move the region’s digital industry forward.
The Canadian manufacturer saw revenues and subscribers fall during the three-month period.
The order did not state how long telcos would be given to comply with the new regulations.
Access to the networking site may be restricted to people who register their identification documents, say reports.
Experts say looming IT attacks could be catastrophic for global business and even cost lives.
The Kingdom is reportedly in talks with application operators to ensure that they adhere to regulatory requirements.
Nearly one out of every two people on the internet now visits the video-sharing website.
Apart from Facebook, how many other tech IPOs in 2012 can you remember?
The video-sharing website has started its partner programme in Saudi Arabia, UAE and Egypt.
The new smartphone is reportedly powered by a new processor and said to include a unique eye-scrolling feature.
YouGov and dudu.com survey reveals behaviour of internet users in the GCC.
With BlackBerry releasing the BB Z10, the smartphone battle just got bloodier. Who will triumph?
Dubai-based entrepreneur Paul Kenny speaks out for the first time on the Tiger Global Management buyout, this year’s most important regional dot-com acquisition.
Retail plays an important role in the UAE’s economic growth, accounting for 12 per cent of Dubai’s GDP over the last ten years.
The flexible 13-inch hybrid from Lenovo can be folded into a tent or a tablet.
A sharp camera and enhanced connectivity are among the model’s attributes
BlackBerry Z10 is a sleek, feature-filled device that certainly has the capacity to help the brand survive.
The new smartphone, launched globally on Wednesday, received positive reactions.
The new touch screen smartphone will be priced at Dhs2,599 in retail stores.
Eugene Kaspersky rejects public listing but says cyber terrorism is a growing reality.