EDF and Areva have opened a joint office in Saudi Arabia?s capital Riyadh in an attempt to target the Kingdom?s growing solar and nuclear industries
Technology
GCC non-oil growth to continue in 2012-13

Non-oil industrial growth across the GCC has been predicted at nine per cent for 2012-13 by QNB Group. (Image source: Moushira)
Economies across the GCC have been predicted to continue growing strongly after experiencing growth at 4.6 per cent annually during 2010-2011, according to a new report by Qatar National Bank (QNB) Group
Du to give UAE its first 4G LTE broadband service
Du is set to launch a 4G long-term evolution (LTE) service with broadband speeds of up to 100Mpbs, the fastest in UAE, from July
Qtel Group to double its stake in Asiacell for US$1.47 billion
Qatar Telecom (Qtel) has agreed to double its stake in Iraq?s telecom operator Asiacell to 60 per cent in a deal worth US$1.47 billion
Jotun posts strong growth for Q1
Jotun Group has recorded a nine per cent growth in operating revenues in Q1 2012 as regional sales in the powder coatings and paints divisions increased