The 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.
Koenig 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.
The 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.
Bahrain’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
The 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.
A 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
The cost of food imports to Arab states is expected to double over the next 20 years, potentially spurring more violence and waves of refugees, if the region's farms do not become more efficient, an agriculture expert said.
The construction chemicals market in Qatar is set to grow at 13 per cent in the next five years, according to a report.
The major factors boosting growth of the market include increasing housing demand by urban
Bahrain-based shipyard Asry, which netted revenues of $161 million from the repair of 193 vessels last year, is confident of efficiency-driven gains this year, despite challenging market conditions. According to chief executive Nils Kristian B