Friday 1 July 2016
 
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APAC to add 600m new mobile subscribers by 2020

The number of mobile subscribers in the Asia Pacific region reached 2.5 billion at the end of last year and will grow to 3.1 billion by 2020, according to a new GSMA study published at GSMA Mobile World Congress Shanghai. The new report, ‘The Mobile Economy: Asia Pacific 20

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EM retail market could top $17.8trn by 2030

Emerging market retail sales could grow by 4.4 percent per year to reach more than $17.8 trillion in 2030 compared to $9.2 trillion in 2015, according to a report which depicts four possible scenarios for retail in emerging markets. The new report from global management consultin

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Blockchain tech key to regional digital economy

New and emerging blockchain technologies are integral to supporting a digital economy in the Middle East while ensuring protection against rapidly evolving threats of data security and cybercrime, a report said. The report, titled ‘Blockchain Technology – Can the Digi

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Private wealth in Oman on track to hit $400bn

By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report by The Boston Consulting Group (BCG). In the next five years, the growth of private wealth in Oman will be driven primarily by equities (5.8 per cent), followed by cash and de

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Do airlines have enough data to react to Brexit?

Nearly 40 per cent of airlines don’t have an effective cash-flow forecasting solution in place to respond properly to the turmoil posed by Brexit, according to recent research by Swiss-based Sapphire Innovation. Paul Smith Eldridge, general manager and president of Sapphire

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GCC online ad spend set to top global average

Internet advertising spend in the GCC is poised to grow faster than the world average in the next five years and is set to register a growth of 25 per cent this year, according to a new market research report. Increased Internet penetration in the Arab World has led to a jump in

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To leave or not to leave: Still the question

To leave, or not to leave: that is the question. Still. After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will. Prime Minister David Cameron, who is resigning, has said he

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Air pollution fourth largest killer: IEA

Premature deaths from air pollution will continue to rise to 2040 unless changes are made to the way the world uses and produces energy, the International Energy Agency said on Monday. Around 6.5 million deaths globally are attributed each year to poor air quality inside and outs

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Customer experience ‘top priority for telcos’

For more than two-thirds of telecommunications C-suite customer experience management is top strategic priority over the next three years, according to a new report from EY, a global leader in assurance, tax, transaction and advisory services. “A better customer experience

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Cloud computing ‘more than just a tech shift'

While the term cloud has become increasingly familiar in the region, many of its business benefits can be overlooked due to the number of acronyms and options inbuilt around the service. Cloud computing delivers significant benefits in terms of tangible business metrics such as s

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