Emirates Business Alkhabeer Capital, the asset management and investment firm based in Jeddah, Saudi Arabia, released today the 2016 edition of its report reviewing GCC governments’ budgets. The report analyses the latest budgets of the region’s governments, the recent reform measures announced and the broader, long-term implications of the political will to improve efficiencies, curb wasteful expenditures and instill fiscal ...

TOKYO / Bloomberg NTT Data Corp., a unit of Japan’s former telephone monopoly, agreed to buy technology services businesses from Dell for $3.055 billion. The acquisition was announced by the unit of Nippon Telegraph & Telephone Corp. in a statement to the Tokyo Stock Exchange on Monday. The company didn’t give a date for when it will acquire the Dell ...

Tokyo / Bloomberg Sharp Corp. and Foxconn Technology Group said they are pushing to close the rescue deal for the Japanese manufacturer that has been held up by disagreement for more than a month. Hon Hai Precision Industry Co., Foxconn’s flagship company, said on Sunday it will hold a board meeting on March 30 as scheduled, where it may discuss ...