Saturday 4 July 2015
 
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A T Kearney

Mideast retail outlook stays strong

Long-term outlook for Middle East retail sector remains strong driven by high GDP per capita and infrastructure projects, a report said. Following a year that saw oil prices drop, the region has remained an attractive destination

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GDP, infrastructure projects drive Mideast retail

Long-term outlook for Middle East retail sector remains strong driven by high GDP per capita and infrastructure projects, a report said. Following a year that saw oil prices drop, the region has remained an attractive destination

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Oil price slump: Firms to react with mergers

The intense pressure created by oil prices falling below $50 is challenging cash flows, to which companies are expected to respond with mergers and acquisitions and reshape the competitive landscape to their advantage, a report said.

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Mideast sports sector 'fastest growing globally'

The sports industry in the Middle East is experiencing the fastest growth globally, with revenues projected to grow at 10 per cent per year over the next three years, said an industry expert. There is significant appetite in the r

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GCC insurers see dropping profitability

Insurance profitability across top 30 conventional insurers in the GCC dropped over the last four years from 28 per cent in 2007 to 9 per cent in 2011, a report said. Revamping operating models with profitability pillars prevents further d

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GCC 'attractive target for retailers'

Four GCC countries rank in the top 20 emerging markets for global retail expansion, confirming the strength of the retail sector in the region and continuing to be an attractive target for retailers, a report said. While UAE clai

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GCC banks ‘must prepare for growth wave’

GCC banks urgently need to enhance their capabilities and level of customer service, after several years of relatively low investments, said a report. Their challenge will be to do this in an environment where cost-to-income ratios remain

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Renewables ‘can meet GCC power demand’

The demand for electricity in the GCC will grow at a rate of 7 per cent per year over the next 20 years, which can be met by improved interconnections and migration to renewable sources, said a report. The GCC power requirements measure up

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3 GCC countries in top 5 for apparel retail

UAE, Kuwait and Saudi Arabia featured among the top five most attractive apparel retail hotspots, in addition to China and Russia, said a report. China ranked as the most attractive emerging market for apparel retailers, driven by the coun

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GCC banks continue on path of recovery

In spite of the recent challenging political and social events in the Middle East, GCC banks continue on the path of recovery, a report said. But that growth will be more subdued than in the pre-crisis years, according to a report by glob

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