Last October, Dubai Internet City celebrated its seventh anniversary of establishment, and confirmed its position as the leading managed ICT hub in the region. Malek Al Malek was appointed executive director of the technology cluster earlier this year, and spoke to Comm. about DIC’s progress to date as well as its exciting future prospects

Dubai Internet City is able to process applications for licensing new companies in the hub in a matter of a few days

Turning off Dubai’s busy Sheikh Zayed Road and encountering the first round-about within the Dubai Internet City (DIC) compound, one would be mistaken for believing the physical infrastructure has been in place for at least a decade. This is not in fact the case, and like much of the bustling city in which it exists, DIC’s expansion in a few short years has been nothing short of tremendous.

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As reported in Comm.’s July/August issue, Kuwait-listed Hits Telecom has confirmed plans to enter the Spanish market by announcing the acquisition of a 51 per cent stake in Spanish mobile virtual network operator Metrored Movil.

Hits Telecom chairman Bahabri says his type of company represents the third-generation of operator emerging from the Middle East

The €7 million (US$10.96 million) deal will see Metrored Movil launch in September under the Hits Telecom Spain banner and operate over Vodafone Spain’s network.

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Orange Jordan is in the process of launching its IPTV service, though the commercial viability of such an undertaking is uncertain given the number of broadband accounts in the country.

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Etisalat is reported to have acquired a further 12 per cent in African mobile provider Atlantique Telecom, raising its stake in the cellular company to 82 per cent.

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Ever looked over Etisalat’s financial results and wanted to know the operating results for a specific market the telco operates in outside of the UAE and found that they were not available? It is understood that this may become a thing of the past as the Abu Dhabi Financial Market on which Etisalat is listed is set to require the telco to report its operational results on a market-by-market basis.

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