iPhone | iPad
Android
Huawei
Says she's been left traumatised by another event
KT APPDOWNLOAD
M'sharie acquires 60pc stake in Syscom Emirates
DUBAI - M'sharie LLC, a fully owned subsidiary of Dubai Investments PJSC, has acquired a 60 per cent equity stake in Syscom Emirates LLC, which has been established to provide a full range of telecommunications infrastructure products and services in the UAE and region. Following the deal the remaining 40 percent equity share in Syscom Emirates LLC is being held by top European technology company, Raiffeisen Informatik Zentrum of Austria.
Abdul Aziz Al Serkal, General Manager of M’sharie LLC and Mr. Bernard Isemann, representing Raiffeisen, signed the joint venture agreement. Abdul Aziz Al Serkal, said: "M'sharie is pleased to forge this strategic alliance with a major player from Europe. The joint venture will benefit from Raiffeisen Group's technical capability and vast experience in carrying out major telecommunications networking projects in different parts of Europe. The telecommunications networking market in the Middle East region is undergoing rapid transformation and the current trend presents Syscom Emirates numerous great opportunities in the region." Bernard Isemann, who is also General Manager responsible for managing Syscom Emirates, said: "We are happy to successfully conclude this joint venture deal with M'sharie. We are confident that the relative strengths of the partners, which are complementary in nature, will contribute to the success of the project." The products of Syscom Emirates, established in 2003, have been tested and approved by Etisalat.
More news from
The baby was born on September 8
During his keynote speech at the first Hili Forum in Abu Dhabi, Dr Gargash also underscored the forum’s potential to foster diverse perspectives
Star couple shares beautiful pictures from their nuptials
At least 30 people from the ex-PM's party were remanded in custody on Tuesday, two days after they led a major rally in the capital Islamabad
The Northern Ireland star expresses disappointment in the loss but focuses on positives ahead at Wentworth
The development marks the brand’s first major international expansion, taking Pune’s real estate excellence to a global stage for NRIs in the GCC market
Today's tourists want personalisation, experiences tailored to their lifestyle and preference