Insurance and savings penetration in the GCC is set to continue its rise next year due to developing regulations and increased awareness about the importance of financial security, according to leading insurance broker Nexus Group.
With more than 2.25 million mobile subscriptions at the end of June, Bahrain's mobile penetration rate has been assessed at 182 per cent, according to a report by the kingdom's regulator.
The latest telecoms markets indica
Bahrain's telecommunication trends are keeping well with the global growth of information technology, said a report citing the Minister of Communications Shaikh Fawaz bin Mohammed Al Khalifa.
Shaikh Fawaz on Friday announced t
Egypt, which had a 77 per cent penetration of value-added mobile services of as of June, is likely to see it reach 92 per cent by 2017, said a report.
The value-added services (VAS) subscriber base in Egypt is likely to increase at a compo
The insurance premiums in the Gulf region, which stand at $18 billion, is set to grow at a CAGR of 20 per cent to hit $37 billion by 2015, said a report by leading investment bank Alpen Capital.
The UAE and Saudi Arabia will emerge out as
Internet Protocol TV (IPTV) is in its initial stage of penetration in the Arab World, and is still developing, according to a study conducted by Arab Advisors Group, a research, analysis and consulting company.
As broadband adoption increa