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Mideast mobile data traffic to grow 14-foldThe mobile data traffic in the Middle East and Africa (MEA) region is set to increase 14-fold by 2018, said a new Cisco study. The Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2013 to 2018 said that across More… |
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Bancassurance set to grow ‘fastest’ in GCCBancassurance has been tipped as one of the fastest growing distribution channels of insurance in the GCC over the next two years, as a recent report estimates the insurance industry across the GCC will reach $37.5 billion by 2017. More… |
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Ford Focus sales grows 16pcThe Ford Focus global registrations from January through September grew 16.1 per cent year-on year, according to statistics. The vehicle delivered an increase of 11 per cent total sales last year, with a 91 per cent growth in Bahr More… |
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DP World container volume growsDP World handled 55 million TEU (20-foot equivalent units) across its global portfolio of container terminals the last year, with gross container volumes growing by 0.7 per cent on the previous year. The second half of the year de More… |
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GCC retail sales to grow 8pcThe retail sales in the GCC are projected to grow at an average annual rate of eight per cent during 2011-16 period to RO270 billion ($699.2 billion), said a report. "Food constitutes 50 per cent of total retail spending, whi More… |
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Bahrain-UK trade ties set to growTrade between Bahrain and the UK is set to soar in the coming years, according to a top official. It is expected to increase significantly in the run-up to the 200th anniversary of diplomatic relations between both countries in 20 More… |
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UAE women entrepreneurs set for growthThe number of female entrepreneurs in the UAE is likely to grow over the years, said a study, eventhough men are currently 2.8 times more likely to start-up a business than them. Booz & Company’s ‘Empowering the Th More… |
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Bahrain economy bounces back with 4.6pc growthBahrain's economy has bounced back, growing by 4.6 per cent in the third quarter of this year. The overall GDP at constant prices stood at BD2,696 million ($6.9 billion) in the third quarter, up from BD2,577.1 million in the s More… |
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Global economy to grow by 3.3pcAfter wallowing in an economic 'soft patch' for the past two years, the global economy is likely to emerge in 2014 with modest growth of 3.3 per cent compared with 2.5 per cent this year, said an expert. "The easing o More… |
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Qatar Islamic banks' balance sheet to hit $100bnQatar’s Islamic banks' balance sheets are expected to grow to $100 billion by 2017, according to a recent report by global credit rating agency Standard and Poor’s. Saudi Arabia, UAE and Qatar will all increase the More… |
