Saturday 10 December 2016
 
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Five key trends that will shape the next 5 years

GCC countries are dependent on international trade for economic growth and are likely to be affected should protectionism continue to rise, says an industry expert highlighting the five key trends that will shape the next five years.

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GCC tops US, Europe in mobile Internet usage

With 42 per cent of mobile customers in the GCC using mobile Internet and apps, compared to 36 per cent in the US and 25 per cent in Europe, there is a clear opportunity for regional operators to tap into, according to a new report.

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GCC e-commerce set to become world’s fastest-growing

With high levels of disposal income, world-leading internet and smartphone penetration, and changing consumer preferences, the GCC has the potential to become the world’s fastest growing e-commerce playground, a report said.

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EM retail market could top $17.8trn by 2030

Emerging market retail sales could grow by 4.4 percent per year to reach more than $17.8 trillion in 2030 compared to $9.2 trillion in 2015, according to a report which depicts four possible scenarios for retail in emerging markets.

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EM retail market could top $17.8trn by 2030

Emerging market retail sales could grow by 4.4 percent per year to reach more than $17.8 trillion in 2030 compared to $9.2 trillion in 2015, according to a report which depicts four possible scenarios for retail in emerging markets.

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UAE, Saudi among global top 10 retail markets

The UAE and Saudi Arabia both ranked top among the top 10 in the Global Retail Development Index (GRDI) published by A T Kearney, an international management consulting firm. The UAE, placed seventh, remains an attractive and rela

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Chemical M&A deal values rise 30pc to $110bn

Global chemical mergers and acquisitions deal values rose 30 per cent last year to $110 billion, a fourth straight annual increase, laying the ground for an all-time record spike this year, according to a report.  

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Oil ‘super cycle’ to benefit Mideast companies

Low production costs for Middle East companies offer regional players significant competitive advantage in the low price segment of an oil ‘super cycle’, a report said. The depressed oil prices predominant since late l

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Samena Council welcomes 3 new members

Samena Telecommunications Council, the tri-regional non-profit telecommunications association, has announced three new additions to its growing member base. This emphasises the rapidly growing importance of the Council as it stren

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Top UAE banks ‘face tough 2009 on provisions’

Downbeat prospects for the UAE’s economy, combined with provisions as a result of debt trouble at two Saudi conglomerates is likely to dampen profits of the UAE's biggest banks for the remainder of 2009, analysts say. Second-quarter re

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