Turkey’s national airline and its main telecoms firm will halt advertising in US media in response to the crisis in relations between the two allies, company officials said today.

Flag carrier Turkish Airlines and Turk Telekom made their announcements after a campaign on Twitter calling for an end to advertising in US media outlets.

The moves came as President Tayyip"...

In the weeks since Ethiopia announced sweeping privatisation plans after decades of state control, foreign businessmen have been beating a path to Belachew Mekuria’s office. “Everyone is here. MTN is here, Safaricom. I mean everyone is coming,” the new head of the Ethiopian Investment Commission (EIC) said of the stiff competition to enter the previously off-limits telecoms sector. “A lot of them. Including US, by the way,” Belachew, an affable lawyer who is the first port of call for foreign"...

Etisalat Digital has announced its new set of challenges for the 5th cohort of Dubai Future Accelerators (DFA) focusing on creating smart innovative solutions based on emerging technologies like Artificial Intelligence (AI) and Blockchain.

The partnership with the government-supported accelerator is part of Etisalat Digital strategy to bring the latest technologies and innovations to enable a smart ecosystem. The technology themes for the challenges under the fifth cohort of this program revolve around using"...

Samsung Electronics posted KRW58.48 trillion ($52.3 billion) in consolidated revenue for the second quarter ended June 30, down 4 percent from a year earlier, due to softer sales of smartphones and display panels, despite robust demand for memory chips.

The company posted KRW14.87 trillion in quarterly operating profit, up 6 percent. The continued strength of the company’s memory business contributed to the higher operating profit. Net profit was little changed from a year earlier due to higher income tax....

(AETOS Wire)-- The GSMA today announced several additions to the Mobile World Congress Americas event line-up, including new speakers in the conference program, additional participating companies and exhibition experiences, and new programs and events. The show will take place in the Los Angeles Convention Center from September 12 -14, 2018.

“With its new location in Los Angeles, this year’s event"...

Saudi telecom operator Mobily has reduced its net losses to SR172 million in H1 2018 from SR352.7 million in H1 2017, representing a decrease in net losses of 51.2%.

This is mainly due to the increase in gross profit driven by a revenue increase, and the decrease in cost of sales due to the reduction of mobile termination rates, said the telecom company.

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