Monday 20 May 2013
 
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Expo success ‘proves Bahrain on road to recovery’

The massive success of the ongoing gulfInteriors, the international expo for interiors, design and furniture, and gulfBid, the annual construction expo, in Bahrain proves that the kingdom is well on the road to recovery, said top officials.

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Top cosmetic firms open offices in Dubai

Spurred by a healthy growth in the Middle East cosmetics and personal care sector, a record ten global cosmetic majors have set up branch offices in the Dubai Airport Free Zone in recent months. The sector is estimated at 12 per cent annua

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ME hotel sector to grow 7.1pc

The Middle East region’s hotel investment sector is booming and is poised to grow 7.1 per cent per annum, said an industry expert. However, the region’s tourism growth potential is far from realised and there is still room for growth,

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GCC insurance sector to grow at 10pc

The insurance market in Gulf countries is expected to grow more than 10 per cent a year over the next three years and Qatar aims to be a regional centre for the industry. The insurance market would be boosted by state plans for compulsory

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UAE economy grows 7.4pc on non-oil sectors

The United Arab Emirates economy grew 7.4 per cent in 2007 on the expansion of the manufacturing and construction sectors, as well as oil and gas, the Gulf state's ministry of economy said on Sunday. Non-oil sectors accounted for 65 per ce

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