Friday 21 July 2017
 
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GCC

Non-oil sector ‘will claim 80pc of UAE, Saudi GDP’

Non-oil sectors will account for more than 80 per cent of GDP in the UAE and Saudi Arabia by 2025, said a new report, highlighting the steps taken by GCC governments to boost private-sector investments, construct new tourist attractions and expa

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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IoT solutions market in GCC to hit $11bn by 2025

The Internet of Things (IoT) solutions market in the GCC region is poised for solid growth and is likely to be worth $11 billion over the next eight years, said an industry expert. The IoT has the potential to unlock up to 11 per

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GCC on track to add 1.5 mbpd refining capacity

GCC is leading the greenfield projects and refinery expansion drive in the Middle East with 1.5 million barrels per day (mbpd) of new refining capacity expected online by 2021, a report said. The new capacity will be dominated by

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How do GCC millennials shop online?

Eighty-three per cent of local GCC millennials have shopped online in the past six months, with 42 per cent shopping on local websites and 41 per cent on international sites, says a recent study from YouGov, a global market research firm.

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GCC partners with American Concrete Institute

Leaders of the Gulf Cooperation Council Standardization Organization recently entered into an agreement with the American Concrete Institute to cooperate towards a better understanding and use of concrete and cementitious materials in civil infr

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Majority of GCC businesses 'well-informed on VAT'

Nearly 60 per cent of GCC businesses feel very well informed about the introduction of Value Added Tax (VAT) in January 2018, according to a Deloitte survey. Deloitte has been conducting regular pulse surveys about how businesses

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Most GCC hotel markets report Ramadan business decline

Most major hotel markets in the Gulf Cooperation Council (GCC) reported performance declines during Ramadan 2017 compared with Ramadan 2016, according to preliminary data from STR, a leading analyst. STR compared the 2017 dates of

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GCC tourism sector ‘set to top $36bn by 2020’

The GCC tourism and hospitality industry is set to be worth $36.7 billion by 2020 with a number of scheduled global events, including Expo 2020 Dubai, expected to draw millions of visitors to the region, a report said, citing Euromonitor Interna

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