Thursday 31 July 2014

Bahrain ranks high in rich households

Bahrain is ranked sixth in the world for its percentage of millionaire households, according to a new study from a global management consulting firm.   In its latest Global Wealth report, US-based The Boston Cons


Kuwait registers 8pc credit growth

Kuwait witnessed a steady 8 per cent growth in its bank credit in January mainly driven by the household borrowing despite a third consecutive month of declining business credit, said a report. The household debt remained the most


P&G wins product innovation awards

Procter & Gamble (P&G), one of the largest household products makers, said it has won seven coveted product innovation awards at the  'Product of the Year Gulf 2014' awards ceremony held in Dubai. The awards,


The findings of ‘the spy in the bathroom’

Parents who seek refuge from their families with long baths and showers and bathrooms that double up as laundries and dressing rooms were among the findings of a first-of-its-kind ‘spy-in-the-bathroom’ study. Ideal Sta


P&G earnings soar to $4.1bn

Procter & Gamble (P&G)'s quarterly profit soared past expectations as the world's largest household products maker used higher prices and new products to drive sales growth, the strongest indication yet that turnaround efforts ar


UAE to fix food prices as commodities rise

The UAE plans to combat rising global commodity prices by fixing the cost of about 400 foodstuffs and household products at 70 outlets in the Gulf Arab state, an economy ministry official said on Thursday. This is the latest of several mov


Over 50pc Qatar households have broadband

Qatar’s ongoing efforts to develop a thriving knowledge economy received a boost with the March figures revealing that broadband penetration has exceeded more than 50 percent of households for the first time in the country. As per figures

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