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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos may have won a few extra months to find a long-term solution to its financial problems after reaching interim agreements with banks, bondholders, and the French government to provide €450 million (US$490 million) in additional liquidity. On Tuesday, Atos laid out its financing needs — €1.2

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The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

billion revenue to Bahrain’s GDP by 2026, according to IDC’s Economic Impact study. In turn, Bahrain’s investment in digital transformation, and continued focus on attracting key projects like AWS while developing key sectors as part of its overall growth and diversification plans, acted as an economic force multiplier.

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