Tuesday 24 January 2017
 
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GCC

GCC hiring market to see major uplift this year

The GCC hiring market for 2017 looks positive with more job offers and a general uplift in demand for candidates across all industry sectors in the region when compared to 2016, said a report. This optimism follows a challenging y

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Ma'aden 'fastest growing company in GCC'

Thirteen of the 15 fastest growing companies in the GCC were from Saudi Arabia and Qatar and these companies achieved a growth of at least 20 per cent per annum over the five years to end 2015, a report said. The report, released

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Deutsche Bank names GCC wealth management head

Deutsche Bank has appointed Fred Hilal as the new head of wealth management in the Gulf region (excluding Saudi Arabia). In his new role, Hilal will lead Deutsche Bank’s client coverage across the Gulf. Based in Dubai, he wi

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Artar's Dubai project on track for 2018 completion

Artar Real Estate Development, a leading Saudi-based group, said its work on its Mada Residences project in Downtown Dubai, is going as per schedule for completion in the second quarter of 2018, with a topping out ceremony likely to take place n

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MEA rough-terrain cranes market to grow at 5.6pc

The overall long-term outlook on the rough-terrain (RT) cranes market in the Middle East and Africa (MEA) remains optimistic, with the sector projected to grow at a promising CAGR (compound annual growth rate) of 5.6 per cent through 2026, a rep

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Dubai 'still hot property market for GCC investors'

GCC investors have not let regional economic concerns undermine their interest in Dubai residential property which is still seen as providing long-term financial security, stated Saudi Arabian group Artar Real Estate Development.

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GCC aluminium production tops 5m T in 2016

Collectively the five aluminium primary producers EGA (UAE), Alba (Bahrain), Ma’aden Aluminium (Saudi Arabia), Qatalum (Qatar) and Sohar Aluminium (Oman) have produced 5.22 million tonnes of primary Aluminium in 2016. "

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GCC leading the world in desalination, says report

The UAE and other GCC states are global leaders in desalination, and have proved the value of the technology in underpinning water security worldwide, said a report released at the International Water Summit (IWS) which opened in Abu Dhabi on Ja

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GCC leading the world in desalination, says report

The UAE and other GCC states are global leaders in desalination, and have proved the value of the technology in underpinning water security worldwide, said a report released at the International Water Summit (IWS) which opened in Abu Dhabi on Ja

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GCC real GDP growth to stay weak this year: Moody's

The real GDP growth in the GCC in 2017-18 is likely to remain weak by historical standards with an average of 1.6 per cent and ranging from 0.7 per cent for Saudi Arabia to 3.3 per cent for Qatar, a Moody's report said. The ne

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