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Increasing ME focus for global pharma firmsGlobal pharmaceutical manufacturers are increasingly focusing on optimizing their Middle East operations and setting up joint ventures and with regional public and private sector players, impacting the sector positively, a report said. More… |
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UAE, Qatar top Mena tourism performersThe UAE is the top performer in travel and tourism competitiveness in the Mena region, followed by Qatar, according to a report released by the World Economic Forum. The UAE – ranked 28th in the global Index – continue More… |
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Integrated strategy key to ME oil firmsToday, the Middle East’s NOCs are no longer simply energy producers, they serve as geographically dispersed corporations with global interests. The stakes for these organizations are especially high given that new sources of energy are bec More… |
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Telecom price wars – short term gains, long term damageThe thriving market for mobile services is intensely competitive. Operators are constantly offering new promotions, enticements, and other marketing “hooks” to attract new customers and capture share from competitors. As the More… |
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Sharing mobile networks ‘could cut costs by 40pc’Today, operators could save 30 to 40 per cent of the cost by joining forces with rivals in their markets to build, run, and maintain mobile networks. The truth is, operators have long been exploring the possibility of sharing their mobile networ More… |
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Digitization in emerging markets – a $4.4trn potentialDoubling the digitization level in emerging economies could produce $4.4 trillion in additional nominal GDP and a staggering 64 million new jobs over the next 10 years, said a report. In order to catch up with mature economies the emerg More… |
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Mena energy spend to hit $1.1 trillion by 2020The energy industry in Mena will see a wave of capital projects worth more than $1.1 trillion in projected spending in the coming decade, approximately one-fourth of the industry’s total global investment through 2020, said a report. This More… |
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Chinese firms ‘becoming innovative rivals’Chinese companies are becoming serious innovative competitors and China is becoming an innovation engine, according to a survey of multinational and leading Chinese businesses. The 2012 China Innovation Survey was conducted by Booz & C More… |
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Cloud demand ‘to grow 10-fold in 10 years’The dormant demand for cloud storage is already between 2-5 terabytes of data, and it will likely increase by a factor of 10 within the next 10 years, said an industry expert. “Merely synchronizing the many devices each household owns will More… |
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Healthcare IT seen growing at 24pc CAGRThe health IT market is expected to experience a compound annual growth rate of 24 percent through 2014, according to a report. This overdue investment in IT is aimed squarely at the construction of a long-anticipated information backbone More… |
