The value of contracts awarded in the GCC is set to drop sharply by 15 per cent in 2016 as low oil prices hit government spending plans, according to the latest forecast by Meed Projects, the region’s leading project tracking service.
As global value chains have become a dominant feature of today’s global economy, there is growing evidence that the nature of trade is changing, according to World Trade Organisation (WTO) deputy director-general Yonov Frederick Agah. Sp
US airlines have received benefits valued at $71.48 billion, more than $70 billion of which has been since 2000, enabling the nation's three largest carriers to transition from the verge of bankruptcy to today’s industry leaders, each
Redington Value, the value-added distribution division of Redington Gulf, a leading IT distributor in the Middle East and Africa, has signed three new partnerships at this year’s edition of the Gulf Information Security Expo and Conference
The majority of Saudi Arabians believe that real estate rates in Jeddah will not only hold value, but keep going up at least for the next two years, according to a recent survey.
The survey conducted by YouGov and commissioned by
The $2.1 trillion halal lifestyle market value and the $1.65 trillion assets under management are key drivers for Organisation of Islamic Co-operation (OIC) economic development, it has emerged.
Participants at the Global Islamic
Nestlé has launched the nominations for the 2016 Nestlé Creating Shared Value Prize, which will award the winners up to 500,000 Swiss fracs ($525,000).
The investment could make a significant difference in helping to
The value of contracts awarded in Saudi Arabia during the first half of this year hit SR124.6 billion ($33.2 billion), up 21 per cent over SR102.7 billion during the same period in 2013, according to a report.
The kingdom recorded
Dubai’s phones and personal computers (PC) market share was 17 per cent of the total trade value of the emirate’s foreign trade in the first half of the year.
According to figures released by Dubai Customs, it showed t
Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report.
The net foreign investment d