Gulf companies to see increased restructuring
Companies in the Middle East are set to witness augmented restructuring as they take a studied approach towards organising their businesses, according to PricewaterhouseCoopers (PwC)
Technology
EDF and Areva open Riyadh office
EDF and Areva have opened a joint office in Saudi Arabia?s capital Riyadh in an attempt to target the Kingdom?s growing solar and nuclear industries
GCC non-oil growth to continue in 2012-13
Non-oil industrial growth across the GCC has been predicted at nine per cent for 2012-13 by QNB Group. (Image source: Moushira)
Economies across the GCC have been predicted to continue growing strongly after experiencing growth at 4.6 per cent annually during 2010-2011, according to a new report by Qatar National Bank (QNB) Group
Du to give UAE its first 4G LTE broadband service
Customers devices do not require any configuration settings for the LTE network. (Image source: Du)
Du is set to launch a 4G long-term evolution (LTE) service with broadband speeds of up to 100Mpbs, the fastest in UAE, from July
Qtel Group to double its stake in Asiacell for US$1.47 billion
Qatar Telecom (Qtel) has agreed to double its stake in Iraq?s telecom operator Asiacell to 60 per cent in a deal worth US$1.47 billion
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