The industrial sector in the UAE expanded by nearly 11 per cent last year to maintain its position as the second largest component of GDP after the hydrocarbon sector, according to a new report.
Technology
Veolia Water signs deal with Dhahran Techno Valley
Veolia Water has entered into an agreement with the prestigious Dhahran Techno Valley (DTV) at King Fahd University of Petroleum and Minerals.
OCI to split its construction and fertiliser businesses

OCI will split its construction and fertiliser businesses into two trading separately in Egypt and abroad.
Orascom Construction Industries (OCI) is set to split its construction and fertiliser businesses into two trading separately in Egypt and abroad.
NCB Capital optimistic on Saudi telecom sector

A NCB Capital report on the Saudi Telecom sector provides a cautiously optimistic view on Saudi telecom companies.
A NCB Capital report on the Saudi telecom sector provides a cautiously optimistic view on Saudi telecom companies, as the sector has been providing good growth potential, particularly in the broadband segment.
Kingdom Holding invests US$300mn in Twitter

Prince Alwaleed bin Talals Kingdom Holding Company has announced that it has invested US$300mn in Twitter.
Prince Alwaleed bin Talals Kingdom Holding Company has announced that it has invested US$300mn in social media site Twitter.