Wednesday 28 September 2016
 
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GCC

Value of GCC insurance sector triples

The GCC insurance industry value has more than tripled between 2006 and 2015, with insurance premiums increasing to $24 billion in 2015 compared with $6.4 billion in 2006, reported the Gulf Daily News, our sister publication.

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GCC thermal Insulation market to top $975m

Driven by investments in construction of projects pertaining to sectors such as power, oil & gas, chemicals, etc., the demand for thermal insulation in the GCC is expected to cross $975 million by 2021, a report said. Furtherm

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GCC oil industry 'must focus on sustainability'

GCC oil companies must have an immediate focus on economic sustainability if they are to maintain the value of the region’s natural resources into the future, a senior oil official in Oman has said. Oil companies across the

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Computer, electronic devices manufacturing grows in GCC

The GCC computer and electronic products manufacturing industry has achieved significant growth in the past few years, with the compound annual growth rate (CAGR) posting 4.8 per cent since 2011, a report said. The private sector&

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Computer, electronic devices manufacturing grows in GCC

The GCC computer and electronic products manufacturing industry has achieved significant growth in the past few years, with the compound annual growth rate (CAGR) posting 4.8 per cent since 2011, a report said. The private sector&

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GCC companies ‘need to build on core capabilities’

Following a period of growth, GCC companies must now focus on capabilities if they want to stay competitive. If not, they risk falling into ‘growth traps’, according to a recent study by management consultancy Strategy&, formerly

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‘Risks remain for EMEA emerging market banks’

Banks in emerging markets of the GCC countries, Nigeria, Russia, South Africa, and Turkey will stay under pressure for the remainder of 2016 and 2017, according to a new report from S&P Global Ratings. "The operating envi

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Brexit move tips scale in GCC’s favour: report

The UK’s impending historic withdrawal from the European Union (EU) is opening new opportunities for advancing the position of the GCC as an economic powerhouse, a report said. The report entitled ‘UK’s EU Refere

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Nissan’s X-Trail sales jump 54pc in GCC

Nissan’s X-Trail crossover has got a firm foothold on the Middle East marketplace just two years after the launch of the third generation, the company says. GCC sales of the X-Trail between April and June 2016 have risen 54

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$65bn healthcare projects under way in GCC

More than 700 healthcare construction projects, with a combined estimated value of $65 billion, are currently being developed in the GCC region, said a report. Of these, 133 projects are worth more than $100 million each, stated t

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