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Frost & Sullivan

Key sectors to spend $237bn on ICT in 2019

The manufacturing, energy and utilities sectors will spend a combined total of €206.51 billion ($237.26 billion) on information and communication technology (ICT) in 2019, according to a new analysis from Frost & Sullivan.

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Key sectors to spend $237bn on ICT in 2019

The manufacturing, energy and utilities sectors will spend a combined total of €206.51 billion ($237.26 billion) on information and communication technology (ICT) in 2019, according to a new analysis from Frost & Sullivan.

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Greek crisis ‘could hit global industries sector'

Besides the financial sector, the Greek crisis could affect industries, such as shipping, automotive and textile, a report said. The Greek economy accounts for only two per cent of the EU’s GDP, but any news on the country i

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GCC switchgear demand at all-time high

The demand for medium voltage (MV) and high voltage (HV) switchgears in the GCC is at an all-time high due to the rapid expansion of the power, oil and gas infrastructure, and construction sectors, a report said. Further investmen

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Frost & Sullivan opens new office in Saudi

Frost & Sullivan, a global growth consulting firm, recently opened its third regional office in the Middle East at Dammam, Saudi Arabia. The multi-national consultancy also has a presence in Dubai, UAE and Bahrain in the Middl

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ME forum to focus on ‘Connected World’ and ‘Convergence’

Transitioning economy, the competitive global market, and convergence of industries are disrupting enterprises and their way of doing business in the Middle East, according to Frost & Sullivan. There is a growing need of effec

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Grown diamonds key to bridging demand gap

Grown diamonds can help overcome the widening supply demand gap in the long run to compensate for falling mined diamonds supply, a report said. The breakthrough in technology has made it possible to grow rare quality colourless II

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Mena non-destructive testing market to top $1.3bn

New oil and gas as well as power generation projects is accelerating the need for non-destructive testing (NDT) inspection services in the Mena region, boosting the market revenues from $796.4 million in 2014 and estimates this to reach $1.31 bi

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US shale boom ‘hurting Mideast petchem industry’

The increased competitiveness of the US petrochemical industry due to the discovery of large reserves of shale gas has impacted the Middle East, which is already grappling with reduced natural gas supplies, a report said. The adve

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GCC aluminium scrap market growth to top 10pc

The aluminium scrap and recycling market in the GCC was estimated at 292,281 metric tonnes (MT) in 2010 and is expected to reach 593,434 MT in 2017 at a compound annual growth rate (CAGR) of 10.6 per cent, a report said. The alumi

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