Friday 29 March 2024
 
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GCC firms

86pc of GCC firms plan to step up hiring

Eighty-six per cent of businesses in the GCC plan to increase their headcount over the next three years, a report said, adding that this confidence is particularly strong with small companies with less than 200 employees. Fifty-fi

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Feedstock developments 'boon for GCC firms'

Petrochemicals feedstock developments across the globe namely shale gas boom in the US, gas shortage in the Middle East and Coal-to-Olefins developments in China will provide new opportunities to GCC players, according to a report. Followi

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35pc GCC firms victims of fraud

About 35 per cent of the companies in the Gulf region have experienced at least one fraudulent incident during the year, revelaed a survey by financial advisory firm Deloitte Corporate Finance. Out of this, 14 per cent cases were valued at

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GCC firms 'emerging stronger from downturn'

Many GCC companies are emerging from the global downturn in a strong competitive position as they are cash-rich, said a report. Even at the height of the crisis, top companies on Dubai Financial Market, Abu Dhabi Securities Exchange and Na

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GCC firms 'upbeat, setting higher 2010 targets'

The corporate resilience in the Gulf region throughout 2009 has set the scene for an aggressive economic rebound in the year ahead with several firms setting higher revenue targets for 2010, according to a new study. The survey c

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