Technology

Kuwait announces 1,100 projects valued at US $125 billion

Kuwait has announced over 1,100 projects with a joint value of about US$125 billion to be completed over the next 20 years in a bid to kick start economic development in the country.

Nokia Siemens Networks appoints new Middle East head

Nokia Siemens Networks has announced the appointment of Igor Leprince to lead its business in the Middle East region.

G8 and IMF pledge US$38mn to help Arab states

Finance ministers from the G8 group of industrialised countries have pledged US$38mn to several Arab countries to help with reconstruction and moves towards democracy.

Global competitiveness rankings highlights affects of turbulence

The latest World Economic Forums Global Competitiveness Report 2011-2012 ranks Qatar as the region most competitive economy and highlights the affect the recent turbulence in the region has had on North African economies.

UAE and Saudi to see 4G dominate mobile broadband

Mobile operators in Saudi Arabia and the UAE are expected to migrate to 4G technologies soon to accommodate the surge in data traffic, according to new a report from Frost & Sullivan.