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Bahrain’s GDP set to grow 3pc this yearBahrain’s economic growth this year is set to be in line with last year despite continued downward pressure on oil prices, finds the latest assessment by the Economic Development Board (EDB), reported the Gulf Daily News (GDN), our siste More… |
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Saudi Arabia LED TVs market to grow 10pcThe declining product prices coupled with increasing per capita income are set to boost LED television sales in Saudi Arabia at 10 per cent over the next five years, according to a report. The TechSci Research More… |
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Saudi electric motors market to grow at 8pcSurging demand from end user industries such as manufacturing, commercial and residential segments are set to propel Saudi Arabia electric motors market to grow at eight per cent annually through 2021, according to a report. More… |
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Time to grow our own fresh food, says expertThe growth of the middle class, particularly in emerging economies, is driving demand for meat, eggs and dairy, increasing pressure to grow more corn and soybeans to feed more cattle and poultry, according to an expert. More… |
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Koenig’s Mideast operations grow 100pcKoenig Solutions, a leading IT training provider and a preferred offshore training company in India, said its Middle East operations grew 100 per cent, achieving a gross revenue of around Dh15 million ($4.08 million) for the fiscal year 2015. More… |
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Umm Al Quwain FTZ 'growing fast with new projects'Umm Al Quwain Free Trade Zone’s (UAQ FTZ) development projects have been progressing at a fast pace, according to Sheikh Khalid bin Rashid Al Mualla, chairman of Ports Customs & Free Zone Corporation. More… |
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Mena packaging industry to grow to $52bnThe packaging industry sector in the Middle East and North Africa (Mena) region has been forecast to grow to $52.4 billion by 2019, from the current $41 billion, according to market research by Smithers Pira. F More… |
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Bahrain hotel sector grows 13.6pcBahrain’s hospitality market has seen a 13.6 per cent growth, according to an assessment by professional services firm EY. EY’s Middle East Hotel Benchmark Survey and Report found that the kingdom’s hospitality industry witne More… |
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Halal food, lifestyle sectors to grow 6pcThe global halal food and lifestyle sector is expected to grow six per cent by 2020, according to selected findings from the State of the Global Islamic Economy Report 2015/2016, which will be released in full at the end of this month. More… |
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Arms firms get new buyers as cyber fears growA broadening wave of cyber attacks is drumming up new clients for defence companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. Banks, utilities and media groups More… |
