Thursday 25 December 2014
 
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Market share

Saudi ready to raise oil output if new clients emerge

Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned Al-Hayat newspaper quoted the kingdom's oil minister as saying.

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Saudi Arabia leading Opec’s price war on shale

Opec’s decision not to cut output is a bold move which is designed to cramp non-Opec suppliers, especially US shale oil producers, a report said, adding that the decision was led by Saudi Arabia in a move to maintain its market share.

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Godrej Lockss plans Bahrain sales boost

Godrej Locking Solutions and Systems (Godrej Lockss), an Indian locking and security solutions firm, plans to double its current market share in Bahrain in the next three years. Currently, Godrej Lockss enjoys 2.9 per cent share o

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Opec sees oil market share shrinking in 2015

Opec expects its share of the world oil market to shrink in 2015 for a third year running, due in part to the US shale oil boom, giving the exporter group little comfort from an acceleration in global demand. Making its first 2015

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Nokia tops UAE mobile handsets market

Nokia enjoyed the largest market share claiming 51.5 per cent in the UAE mobile phone handsets market during the fourth quarter of 2013, a figure that has been declining over time according to a study by the Telecommunications Regulatory Authori

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Ahli United eyeing acquisitions across region

Bahrain-based Ahli United Bank (AUB) is looking for acquisitions in its existing markets and in new ones as it tries to build a network across the Middle East, its chief executive said. Its desire to expand across borders reflects

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Opec to lose ground in 2014 as rivals pump more

Opec's share of the world market will shrink in 2014 as rising supply of US shale oil gives the exporter group little comfort from the fastest growth in world demand in four years. The Organization of the Petroleum Exporting C

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Hyundai earthmoving market tops 60pc in Bahrain

Hyundai Heavy Industries has captured more than 60 per cent market share in excavator and wheel loader segment during 2012 in Bahrain. In recognition of this, Motorcity, the sole distributor of Hyundai in Bahrain, received the &ld

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Toyota GCC sales up 23pc in Q1

Toyota sold 158,223 units in the GCC in the first quarter of the year, marking a 23 per cent increase in sales as compared to the same period in 2012 as well as a 39.6 per cent market share. This first quarter growth in the GCC fo

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Deutsche Bank named top FX bank in Mideast

Deutsche Bank has been named the leading forex (FX) bank in the Middle East with 16.15 per cent of overall market share. This is attributed to the significant investment Deutsche Bank made in upgrading its pricing and distribution syste

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