The UAE has been ranked the most prosperous country in the Arab world, achieving rapid growth in Legatum Institute?s wealth and well being indicator for entrepreneurship and opportunity
Technology
Saudi Arabia IT investment to reach US$13 billion
Saudi Arabia?s investment in IT is expected to soar to US$13bn by late 2014, according to the Cambridge Certificate for IT Skills (CIIT)
Omantel to install second 3.5G network carrier
Omantel has announced the launch of a second carrier for its 3.5G network in Al Amerat to increase network capacity and improve service quality
EI Bank invests in SAGE SA Prospero Wealth Management suite
SAGE SA has announced it will provide Dubai-based Emirates Investment Bank (EI Bank) with its full Prospero Wealth Management solution
PDO to create 20,000 jobs over next five years
Petroleum Development of Oman (PDO) will aim to create 4,000 jobs per year as part of its new five-year business plan
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