Friday 27 February 2015
 
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GCC

Citi Bahrain banks Euromoney GCC Financial Forum

Citi Bahrain was one of the exhibitor sponsors of the Euromoney GCC Financial Forum which recently concluded in Bahrain. The forum was co-hosted by the Bahrain Economic Development Board (EDB) and held for the fourth consecutive y

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Qatar in major smart cities push

Qatar, with its vision for 2030, is poised to be one of the key Gulf players in this global move towards smart cities  with focus on key areas such as mobility, environment, infrastructure and systems, said experts. A smart c

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GCC records inflation rates of more than 3pc in 2014

The inflation rates across the GCC region ranged between 3.1 per cent and 0.8 per cent last year, according to the latest reports by the Statistical Centre for the Co-operation Council for the Arab Countries of the Gulf (GCC-Stat).

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GCC states plan joint portal to link traffic, business

The six member countries of the GCC plan to launch a joint portal next month in a move to link part of their traffic, business and customs systems for easier coordination and data exchange, a report said. The decision was taken at

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Major GCC financial forum opens in Bahrain

Euromoney Conferences, organisers of the fourth GCC Financial Forum, announced yesterday (February 23) that two top banks, the National Bank of Bahrain (NBB), Bank of Bahrain and Kuwait (BBK) and the Oil and Gas Holding Company (nogaholding) hav

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Renault unveils expansion plans in Mideast

Renault has unveiled its 2017 plan and ambitions for expansion in the Middle East region. It also showcased the various new models that will be made available in the region soon, with 11 new vehicles to be launched in the next thr

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GCC education sector ‘worth $61 billion’

The education sector in the GCC is estimated to be worth $61 billion this year, with the share of private education set at $5.5 billion, according to industry experts. The education sector in the Mena region is estimated to be wor

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Cebu Pacific offers GCC residents low fares to Philippines

Cebu Pacific Air, the Philippines' largest airline, is offering travellers a chance to fly to the country’s capital Manila for as low as Dh588 ($160) from Dubai, UAE. The airline is holding a special February seat sale from to

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Leisure sector to spur construction market

The amusement and leisure industry is expected to give a boost to the construction sector in the region with several such projects in the pipeline. The industry is set to touch Dh118 billion ($32.1 billion) in the region, as per t

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Private wealth in GCC doubles to $2.2 trillion

Private wealth in the GCC has doubled from $1.1 trillion in 2010 to $2.2 trillion in 2014 at an overall compound annual growth rate (CAGR) of 17.5 percent, according to a study. The study by management consultancy Strategy&, f

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