Friday 3 July 2015
 
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Middle East

ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said. Foreign real est

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Mini to launch ‘Clubman’ next year

Mini, the automotive brand that is part of Germany-based BMW Group, announced that its new model the Mini Clubman will launch in the Middle East in 2016. Aimed at the new premium-compact segment, the Clubman is consciously designe

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ME international passenger traffic up 14pc in May

Middle Eastern carriers witnessed a substantial increase in demand for international travel in May, with a 14 per cent increase, as a result of travellers planning their holidays prior to the Ramadan period in June, said a report by Internationa

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ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said. Foreign real est

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Mideast mobile money transactions grow 58pc

The total value of mobile money transactions processed in the Middle East last year has grown at cumulative annual growth rate (CAGR) of 57.9 per cent over the period of 2009-2014, a report said. However, the user base is still ve

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ME carriers register solid cargo growth in May

Middle Eastern carriers recorded a significant growth in air freight movement in May with a 19.4 per cent jump in the capacity thanks to the increased trade within the region even as the global demand hit a new low, said a report by Internationa

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ME carriers register solid cargo growth in May

Middle Eastern carriers recorded a significant growth in air freight movement in May with a 19.4 per cent jump in the capacity thanks to the increased trade within the region even as the global demand hit a new low, said a report by Internationa

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Amec Foster Wheeler names MEA chief

Amec Foster Wheeler, a leading engineering and project management company, has appointed Garry Dryburgh as the group's president for Middle East and Africa (MEA) region effective August 9. Based out of Abu Dhabi, Dryburgh will

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STME wins ‘Overall Partner of the Year’ award from Hitachi

STME, a leading IT solutions provider and systems integrator in the Middle East, was honoured by Hitachi Data Systems at the HDS Summit 2015 with the award for ‘Overall Partner of the Year.’ The summit, which was held

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ME investors eye Canadian food company stake

A consortium of investors from the Middle East region is set to acquire a majority stake in La Maison Cannelle, a leading specialised food producer in the health and wellness food segment based in Quebec, Canada. Headquartered in

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