The demand for medium voltage (MV) and high voltage (HV) switchgears in the GCC is at an all-time high due to the rapid expansion of the power, oil and gas infrastructure, and construction sectors, a report said.
Stricter laws, green marketing and public-private partnerships are key drivers for end-of-life vehicles recycling market in the GCC, a report said, adding that automobiles have high potential for recovery, making it a lucrative market.
For the second year in a row, Bahrain continues to be the fastest growing market for Samsung's smartphones, a top official of the company's regional business has said.
Samsung Gulf Electronics' head of telecommunicatio
The takaful insurance industry faces a number of major challenges as it grows both in the region and across the Islamic world and further afield, said a top official of the Central Bank of Bahrain (CBB).
KeyBS, a newly-launched payment solutions technology company, has announced that it will expand into the lucrative GCC markets to capitalise on the region’s growing technology use and demand for automated solutions.
The company will provi
The countries of the region can stand up to the adverse effect of the crisis by establishing a common market, according to an international economist.
Dr Krishnamur Chandrasekar, professor of economics at New York Institute of Information
Italian designers are now targeting the Gulf’s $12 billion textile and clothing market as global crisis dampens demand for designer-wear in their more traditional markets.
'There is a new world order developing in fashion bra