More than US$50bn worth of contracts for various oil, gas and petrochemical projects were issued last year. The value of investments is nearly double the US$27bn in contracts awarded in the previous year, reflecting a sharp rise in oil and gas projects across the region
Information Technology
ICT investment spending in the Middle East
A study from Kable examined 124 Middle Eastern enterprises regarding their Information and Communications Technology (ICT) investment trends
EIAST completes first Emirati-designed satellite
The Emirates Institution for Advanced Science and Technology (EIAST) has completed the design of KhalifaSat, the first satellite that to have been designed and constructed by Emirati engineers in the UAE
GITEX highlights leading ICT trends
The market for ICT solutions and products in the Middle East is booming, as was clearly demonstrated at October?s GITEX Technology Week, which returned to Dubai for its 34th edition
Huawei to help Oman Electricity Transmission Company manage data centre
Chinese telecommunications company Huawei and Oman Electricity Transmission Company (OETC) have completed an IT project to help OETC manage data transfers and link its offices across Oman