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FINANCIAL NEWS
Oracle invests USD 7bn in R&D yearly
02 Dec 2015
(MENAFN) Oracle spends almost USD 7bn yearly on research and development, in order to offer good products and technological solutions.
Accordingly, the company’s business rise amounted to 7 percent in this year; also the Egyptian market is one of the Oracle’s tactical markets in the Middle East and Africa, because of the high population.
Moreover; the projects launched by the Ministry of Communications, like the mechanization of real estate, showed that the nation’s market is promising.
“The company provides many technological solutions to small and medium enterprises, as well as emerging companies,” said vice president of Oracle.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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