The Shuweihat 3 Independent Power Plant (IPP) project reached financial closure after a delay which makes it the worlds biggest power project financing this year.
Technology
Saudi to build 16 nuclear reactors by 2030
Saudi Arabia will build 16 civilian nuclear reactors over the next 20 years at a cost of more than US$300 billion.
IFCS partners with MatrikonOPC
MatrikonOPC announced that IFCS is the newest member to join its Global Partner Network.
du successfully completes first pilot on Long Term Evolution (4G)
du has successfully conducted and completed its first pilot on Long Term Evolution (LTE) on its mobile network supporting mobile broadband speeds upto 150 Mbps.
Qatar economy gained in 2010
Official figures released by the Qatar Statistics Authority (QSA) showed that the construction industry was one of the biggest gainers in the last quarter of 2010 in its latest report.