Having bravely negotiated a rather tough 2016, the UAE real estate sector, spearheaded by its two major markets Dubai and Abu Dhabi, appears well geared to make positive strides this year, said a report.
Despite the effects of glo
Germany-based Continental, a premium tyre manufacturer and international automotive supplier, has announced an 11 per cent growth in net sales in the Middle East at its annual regional retail partner conference, held recently in the UAE.
Etihad Aviation Group’s partnership strategy has been a core element of the growth of the business, said president and chief executive officer James Hogan.
Delivering a keynote at the 19th Annual Global Airfinance Conference
Continued fleet and network expansion together with a renewed focus on on-board services and developments will be a priority for Oman Air in 2017; ensuring the airline continues to drive up revenues, increase growing contribution to the national
The UAE elevators market is projected to grow at a CAGR (compound annual growth rate) of eight per cent till 2021, said a report.
Growing disposable income and the booming construction market coupled with favourable government ini
Saudi Arabia is expected to see a decline in growth to 0.4 per cent in 2017, compared with a growth of 1.4 per cent in 2016, an IMF report said. The kingdom is expected to grow at 2.3 per cent in 2018.
The Middle East, North Afric
The global economic landscape has started to shift in the second half of 2016 and developments since last summer indicate greater growth momentum coming into the new year in a number of important economies, the IMF said.
Sustained industrial and retail expansion, along with infrastructural development is likely to drive Saudi Arabia’s logistics sector, according to Ken Research, a leading market research and data analytics company.
November showed an acceleration in year-over-year (YoY) volume growth in the air cargo sector for the fourth month in a row, according to WorldACD, a provider of unique information on air cargo markets.
The usual air cargo peak se
The GCC automotive sector, after an unstable 2016 resulting in a drop in new vehicle sales, is expected to stabilise and show a moderate growth in 2017, a report said.
The industry faced an overall tough market in 2016 due to vari