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Nissan ME posts 26pc sales growth in FY2012Nissan Middle East has announced a 26.2 per cent rise in sales for the 2012 financial year (FY) ending March 31. The result, which outperformed the overall market trend by 1.1 per cent, follows a year which saw the launch of five More… |
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Regulations, lack of liquidity ‘hitting GCC IPOs’Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hittin More… |
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Nawras launches data roaming solutionNawras, a leading telecom operator in Oman and an Ooredoo company, has launched a mobile data roaming solution designed to help customers stay online for less when travelling to any GCC country. With prepaid and postpaid plans off More… |
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GCC: Positive outlook despite oil price dipThe fall in oil prices to below $100 per barrel over the past few weeks has triggered some concerns over the potential impact on the Gulf region’s economy. Brent crude prices fell by some 19 per cent from their peak of $119 More… |
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Sub-Zero & Wolf store opens in DubaiGlobal refrigeration and kitchen appliances leader Sub-Zero & Wolf opened a flagship store in Dubai today. The new showroom will also house Miton Cucine, for designer kitchens, as well as S-Box, the new storage concept for the kitch More… |
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Bahrain’s food usage rate to top CAGR of 2pcBahrain’s food consumption is projected to grow at a CAGR of 2.1 per cent during 2012–17, with cereals and milk are likely to remain the leading food segments in terms of consumption, followed by vegetables, fruits, and meat, a repor More… |
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Challenges of delivering mega projectsWith 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to a report. In a region where th More… |
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GCC nationals get ‘much support’ from governmentGCC residents feel that they are given generous support by their governments, a ‘Nationalisation in the GCC’ poll conducted by Bayt.com, the region’s number one job site, has revealed. The general perception is t More… |
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GCC projects to hit $1.35 trillion by 2013-endThe GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is poised to reach $1.35 trillion by year-end, significantly higher than the $730 billion total last year, said an expert ahead of More… |
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Brazilian pharma exports to GCC up 73pcBrazil exported $7.48 million worth of pharmaceutical products to the GCC in 2012, increasing by over 73 per cent compared to $4.31 million in 2011, according to figures released by the Arab Brazilian Chamber of Commerce (ABCC). S More… |
