Kyndryl, the world’s largest provider of IT infrastructure services, has won the 2022 BCI Middle East Continuity and Resilience Provider (Service/Product) Award. The award recognizes Kyndryl’s Security and Resiliency practice’s contributions to the region, as well as its leadership in the business continuity.

LG Electronics Inc. (LG) reported its highest-ever second-quarter revenue, owing to strong sales of LG home appliances in key regions and profitable growth of LG’s vehicle components business as the global automotive industry recovers.

Sharafi Holding Group, based in the United Arab Emirates, has moved its IT distribution business from Gerab Systems Technology (GST) to Ampconnect. Ampconnect is rapidly transforming the Middle East and Africa’s IT distribution landscape

TPV Technology Gulf DMCC, the manufacturer of Philips and AOC displays, has announced a new partnership with Saudi-based IT distributor Sariya Company LTD. They will expand both brands’ business opportunities in the Kingdom of Saudi Arabia.

The market condition of 2019 was quite bitter during that period and the domestic ICT market remained affected by stiff competition, declining margins, low entry barriers, lack of bank support and slow economic growth