Saturday 25 November 2017
 
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GCC

GCC construction sector posts 30pc growth in 2017

The GCC construction market showed relative resilience in its performance, depicting a 30 per cent pick-up in 2017-to-date, according to a new study by Mena Research Partners, a leading research company in the region. With total G

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GCC’s GDP to accelerate to 2.8pc next year: ICAEW

The GDP of the GCC is expected to grow from just 0.3 per cent in 2017 to 2.8 per cent next year, while the same in the wider Middle East will accelerate from 1.4 per cent in 2017 to 3.2 per cent next year, a report said. Several e

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GCC SME sector growth seen at 156pc to hit $920bn

The small and medium enterprises (SME) sector in the GCC region presents a potential of $920 billion with 156 per cent growth in the next five years, employing 22 million people, according to a new study by Mena Research Partners (MRP).

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Mega projects to power $2 trillion GCC construction market

Smart Cities and mega-projects will help boost the GCC construction sector to $2 trillion by 2020, driving strong demand for professional audiovisual solutions, from interactive digital signage to massive back-end control rooms, said industry ex

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Indian outbound market to GCC to jump 50pc by 2021

Around nine million Indians are expected to travel to the GCC by 2021, a jump of almost 50 per cent from the current numbers, according to the latest figures from Colliers International.   The figures were reveal

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GCC 'working on $3.1 trillion development projects'

The GCC has one of the biggest construction pipelines in the world with $3.1 trillion worth of projects planned or under way in the region, according to a report. The high value of projects planned and under way is a clear indicat

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Virgin Hyperloop One set to develop GCC ultra-fast tube

US-based Virgin Hyperloop One, a start-up developing super high-speed transportation systems, is working on an ambitious plan to connect the entire Gulf region through an ultra-fast tube transportation system, which will operate at a velocity

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Virgin Hyperloop One set to develop GCC ultra-fast tube

US-based Virgin Hyperloop One, a start-up developing super high-speed transportation systems, is working on an ambitious plan to connect the entire Gulf region through an ultra-fast tube transportation system, which will operate at a velocity

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GCC capital market issuance sees big surge

Corporate and infrastructure capital market issuance volumes in the GCC are already more than double those of last year to date in 2017, said S&P Global Ratings in a new report. "As central banks hike interest rates, alon

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GCC adopts draft UAE regulations for e-vehicles

GCC countries have adopted the UAE's draft regulations on the use of electric vehicles, thanks to their positive features which take into account safety requirements, overall performance of electric vehicles, and their adaptation to weather

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