Swiss structured cabling specialist, Reichle & De-Massari (R&M), has announced its most recent financial performance figures for 2010, where the Middle East and Africa emerged as its most successful regions. Despite the uncertain economic climate, R&M recorded an impressive 16 per cent growth rate for the first half of the year and was able to extend its regional market leadership in the passive cabling domain.

Turkey has offered US$247 million in loans to Syria to fund infrastructure projects, the Syrian finance minister has announced.

Abu Dhabi companies have invested in US$66-billion worth of developments in Iraq after major signs of support from the UAE government for the war-torn nation, reports The National.

Siemens announced plans to launch a development centre in Doha, Qatar, marking a major move for the company in its drive to develop local access to specialist technology and engineering disciplines. The centre will be hosted at Qatar Science & Technology Park (QSTP), a home for technology-based international companies and part of the Qatar Foundation.