DUBAI / Emirates Business The digital transformation of the Middle East and North Africa (Mena) small- and medium-sized enterprises and smart cities is driving regional software spend to top $6 billion, industry experts announced on Monday. The Mena region is a fast-growth market for digital transformation, as organisations look to gain greater business agility, better understand customer needs and trends, …

Bloomberg Most US equities fell in light volume as investors prepared for a deluge of earnings news. Oil jumped after the White House said it will scrap waivers that allow the purchase of some Iranian crude. The S&P 500 Index fluctuated between small gains and losses, hovering about 1 percent below its all-time high. Tesla Inc fell after an analyst …

Bloomberg India’s benchmark stock index posted its biggest drop in four months on concern that the spike in the price of oil, the nation’s biggest import, may dampen the outlook for Asia’s third-biggest economy. The rupee and sovereign bonds also weakened. The S&P BSE Sensex declined 1.3 percent to 38,645.18 at the close in Mumbai, while the NSE Nifty 50 …