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.
Technology
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.
GCC invests an extra US$150 billion due to Arab spring
According to a new report from Bank of America Merrill Lynch (BofAML), governments in the Gulf Cooperation Council (GCC) have sharply increased spending in the wake of recent political unrest in the region, with the report estimating additional investment at US$150 billion.
Omani construction spending to increase in 2012
Government spending in Oman is set to increase by nine per cent in 2012 from this year to finance construction projects and create more jobs for nationals.
Alcatel-Lucent choosen by Zain Saudi for major IP/MPLS upgrade
Dr. Saad Al Barrak Zain KSA CEO & Managing Director.
Zain Saudi Arabia (Zain KSA) has selected Alcatel-Lucents IP/MPLS-based mobile backhaul solution to respond to the sharp increase in bandwidth requirements, and to keep pace with subscribers demands.
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