Long a key feature of the Middle Eastern bond market, the "Gulf premium" is fading and may vanish entirely as soon as this year if the region continues to gain ground as a mainstream investment destination.
The premium i
Only 45 percent of vehicles on Saudi Arabia’s roads are insured, owing to a four-fold rise in premiums, said a report.
An official of Najm Company that deals with road accident cases in the country on beh
Global premium passenger numbers rose 6.1 per cent in January, a strong result compared to the 2013 growth of 4.2 per cent, a report said.
Growth in premium travel has been supported by positive developments in the business enviro
The number of passengers travelling in premium seats on international markets expanded by a solid 4.2 per cent in 2013 compared to 2012, while economy international travel expanded 3.5pc in 2013, a significant slowdown on 2012 when growth was 5.
The Bahrain insurance market has posted an annual growth of nine per cent in 2012 to register gross premium/contributions of BD239.05 million ($633.7 million), said the Central Bank of Bahrain in a report.
A significant part of th
The premium air travel - business and first-class tickets- sector improved in August with a 8.6 per cent growth after months of sluggish expansion, partly due to the positive bias of Ramadan timing for the Middle Eastern airlines, said a r
Ultra-low cost smartphone shipments are expected to reach almost 200 million units by 2018, compared to about 10 million in 2014, according to analysts Juniper Research.
New ultra-low cost generation of smartphones is emerging, ca
Plaza Premium Lounge, an international ‘pay-in lounge,’ is set to open its services in the Bengaluru International Airport.
The company will open two pay-in lounges and a day hotel at the airport, said a statement.
The growth of the insurance markets within GCC will continue in 2013, although at a reduced pace, as economic growth remains relatively modest this year, according to a new report.
The report, titled “GCC Insurance Markets B