Ericsson's restructuring efforts have finally beared fruit in Q3 with positive results announced. Net income jumped between July and September to reach SEK2.7 billion (261 million euros) which is far higher than what analysts predicted (SEK167 million).

Read more: Ericsson beats expectations with third quarter results

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, hosted the 5G Ecosystem Conference on the sidelines of the 3rd annual Middle East Innovation Day. Under the theme "5G is Now, Sailing to New eMBB Horizons," the conference promoted a 5G Ecosystem in the Middle East by bringing together operators, regulatory agencies, industry leaders and other stakeholders to discuss 5G from a business, policy, and industry perspective.

Read more: Huawei holds its 3rd Innovation Day in the framework of GITEX 2018

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, held an Artificial Intelligence (AI) conference at their third annual Innovation Day on the sidelines of GITEX 2018.

Read more: Huawei launches world's first artificial intelligence solutions at GITEX

UK telecommunications behemoth BT (British Telecom) has become the first global network services provider to offer Riverbed's visibility solution as a service. Users of corporate applications now expect and demand high-quality experiences.

Read more: BT becomes first global operator to offer Riverbed’s visibility solution as a service

Mobily, a leading Saudi Arabian telecommunications services company, and Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, have signed a Memorandum of Understanding (MoU) to expand their collaboration in network evolution.

Read more: Huawei and Mobily sign MoU on five-year plan to bring 5G to Saudi Arabia

InfiNet Wireless, the global leader in fixed broadband wireless connectivity, has announced its plans to participate in GITEX Technology Week, to be held in Dubai, UAE from October 14-18. On display will be Quanta 5, the company’s brand new 5 GHz Point-to-Point (PTP) solution, designed on InfiNet’s latest Software Defined Radio (SDR) technology.

Read more: InfiNet Wireless to unveil record-breaking spectral efficient solution at GITEX 2018

As the region embraces economic diversity, governments are investing in non-oil industries to diversify their sources of income. The Middle East is prioritizing innovation and investing in transformative technologies like artificial intelligence (AI), blockchain and cloud computing.

Read more: CommScope showcases its technology for future networks at GITEX 2018

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