Wednesday 23 July 2014
 
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expenditure

Oilfield services spend to rise 47pc

Global oilfield services (OFS) expenditure is forecast to increase 47 per cent from $354 billion in thi year to $521 billion in 2018, according to Douglas-Westwood’s (DW) new World Oilfield Services Market Forecast.  &n

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Bahrain’s revenues surge 20pc to top $7.8bn

Bahrain's overall revenues soared by 20 per cent last year to top BD3.03 billion ($7.81 billion), beating the forecast figures by BD511.3 million, a report said. The positive trend was revealed as HRH Prime Minister Prince Kha

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Bahrain’s revenues surge 20pc to top $7.8bn

Bahrain's overall revenues soared by 20 per cent last year to top BD3.03 billion ($7.81 billion), beating the forecast figures by BD511.3 million, a report said. The positive trend was revealed as HRH Prime Minister Prince Kha

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Saudi project capex to hit $71bn

The capital expenditure for the upcoming projects in Saudi Arabia is poised to hit SR269.7 billion ($71.6 billion) in 2013, registering a modest two per cent increase over SR264 billion last year, said a report. The government&rsq

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Saudi Electricity 2013 capex near $10bn

Saudi Electricity Company (SEC) will have capital expenditure needs of nearly $10 billion next year, a senior executive said on Tuesday, and the state-controlled utility may tap debt markets to raise some of the funds. SEC, the Gu

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Mena IT spending to top $20bn in 2012

The Middle East region’s expenditure on Information Technology (IT) is poised to cross $20 billion in 2012 registering a growth rate of over 10 per cent, on the year on-year average, according to a report. The network securi

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Bahrain's advertising spend hits $46m in H1

Advertising expenditure in Bahrain during the first six months of this year amounted to $46 million, the Pan Arab Research Centre (PARC) has announced. However, it is likely that activity has since increased during July and August

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Bahrain sees big mobile expenditure cut

The average monthly spending on mobile services has decreased in Bahrain since 2007 as competition intensifies between mobile services providers, with the greatest expenditure cut experienced by large businesses, said a survey. The survey

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DuPont sees strong long-term growth

DuPont, one of a leading market-driven science companies, expects full-year 2011 sales to be up about 20 per cent, with double digit increases in most segments, said a top official. “DuPont expects nearly $12 billion of revenue from produc

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41pc ME professionals 'save nothing'

Some 40.9 per cent of Middle East professionals save nothing from their household income, with the biggest non-housing expenditure being food (40.8 per cent), according to the latest online poll series conducted by the Middle East’s job site Bayt.

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