Sunday 19 April 2015
 
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GCC online retail sales to hit $41bn

E-commerce sales in the Gulf Cooperation Council (GCC) is set to touch $41.5 billion by 2020, one of the highest growths across the industry worldwide, according to experts. Awok.com, a UAE-based online shopping platform, has seen

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Egypt to grow 4.5pc, hospitality opportunities on rise

Egypt’s gross domestic product (GDP) is on track to grow four per cent in the fiscal year ending June, with expectation for the next fiscal year estimated in the 4.5 per cent range, according to experts. The growth should ac

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LED lighting market in India to reach $2.2bn

The LED lighting market in India is set to reach $2.2 billion by 2021, as demand for power is expected to increase exponentially in the country over the years, according to a recent analysis. The ‘India LED Lighting Market (

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Bahrain banks' assets increase 5pc

Total assets of 34 Bahrain-domiciled banks are estimated to have grown five per cent last year, suggesting the start of a new phase of sustainable growth and increasing profitability, found a new research. According to The Bahrain

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Arab world exports to Brazil hit $11.4bn

Arab exports to Brazil recorded a substantial increase last year to reach $11.42 billion, according to statistics released by the Arab-Brazilian Chamber of Commerce (ABCC). The key products exported from the region to Brazil compr

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Arab world exports to Brazil hit $11.4bn

Arab exports to Brazil recorded a substantial increase last year to reach $11.42 billion, according to statistics released by the Arab-Brazilian Chamber of Commerce (ABCC). The key products exported from the region to Brazil compr

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Samsung’s UHD TV sales grows 10-fold in Gulf

Samsung Gulf Electronics has reported a 10-fold increase in sales of its ultra-high-definition (UHD) televisions last year, compared to 2013. The leap points to the country’s growing appetite for 4K technology, and signals t

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World economic growth 'to improve this year'

Developing countries should see an uptick in growth this year, said the World Bank Group's Global Economic Prospects (GEP) report. These countries will be boosted in part by soft oil prices, a stronger US economy, continued lo

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SGI Dubai 2015 growth surges 20pc

More than 400 global exhibitors from across 34 countries showcased sign and graphic industry products at the SGI Dubai 2015, which grew nearly 20 per cent, according to International Expo Consults (IEC), a part of Falak Holding. A

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Bahrain's GDP to grow 3.6pc, despite lower oil revenues

Bahrain's economic growth will continue to remain robust with clear indications that infrastructure spending is significantly boosting non-oil sector momentum. According to the Economic Development Board (EDB), the kingdom'

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