Friday 24 March 2017
 
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GCC on track for major economic recovery in 2017

While regional economies have been impacted by global reduction in oil prices, a recovery is expected from 2017 onwards, driven by a growth in oil prices as well as due to an increasing focus on economic diversification, a report said.

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Shapoorji Pallonji names GCC regional head

Leading Indian engineering and construction group Shapoorji Pallonji has appointed Cyrus Engineer as the new managing director for the Gulf region. In his new role at Shapoorji Pallonji International Property Developers (SPIPD), E

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Mena eyes $1 trillion energy investments in 5 years

Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report. While global investments

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Insurance premiums set to grow in GCC: report

Gross premiums in the four largest GCC insurance markets will continue to increase in 2017 despite the the current economic slowdown in the region, which is the result of relatively low oil and gas prices, a report said. Credit co

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GCC hiring activity to pick up in H1

The hiring activity in the GCC region is expected to remain stable in the coming months but will gradually pick up as the services and healthcare sector increase their headcount in the first half of 2017, said a report. According to the

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Six trends changing the GCC mobile landscape

Mobile phones have evolved considerably over the past two decades from being just simple communication devices to becoming the most innovative compact entertainment systems empowering people to view content on demand whilst having the ability to

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GCC hiring activity stable, to pick up in H1

A recent survey conducted among 176 recruiters showed only 49 per cent of the recruiters expected new jobs to be created this year, a slight drop from the 51 per cent of recruiters who predicted the creation of new jobs six months ago.

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Paris Gallery Group to open 30 new stores across the Middle East

The Paris Gallery Group of Companies, a world known name for all brand perfumes and fashion, has announced plans to 30 new stores for the its various brands and subsidiaries across the Middle East. The expansion plan will take the

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