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
Employment growth among foreigners was more than double that of Bahrainis during the first quarter of the year, it has emerged.
The figure was six per cent employment growth for expats, compared to just two per cent for Bahra
Oil fell to around $63 a barrel on Friday as concern over Greece and a forecast that US shale oil output would keep growing this year countered signs of a pickup in demand.
Greece has been less of a driver for oil than other marke
Zain Bahrain said its mobile broadband customers grew by 23 per cent during the first quarter of this year.
The total customer numbers grew one per cent to 785,000 as of March 31, said a report in the Gulf Daily News (GDN),
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
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