Friday 21 November 2014
 
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growth

Emirates eyes profit growth on new planes, routes

New aircraft and fresh routes will help Dubai's flagship carrier Emirates grow profit by no less than eight to ten per cent in coming months, its president said on Wednesday. "We will continue to grow at a percentage whic

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Demand for Arabia content to spur Mena media growth

Untapped demand for local, Arabic content will spur rapid regional media growth over the next five years, according to a new study unveiled at the Abu Dhabi Media Summit today.   The joint study undertaken by management consu

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Oman real GDP growth to hit 4.5pc in 2015

Oman's real GDP is expected to grow by 4.5 per cent in 2015 mainly driven by a strong non-oil performance averaging seven per cent as the government’s diversification ambitions begin to have an impact, said a report. Oma

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Saudi manufacturing sector poised for solid growth

Saudi Arabia is the fastest growing country in the manufacturing sector in the Gulf with an average expected annual growth of 7.5 per cent until 2018, said an expert. The kingdom's manufacturing sector is poised for significan

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STME on track to post 64pc Mideast sales growth

STME, a leading solutions provider and systems integrator in the Middle East, is on track to post a 64 per cent sales growth this year compared with the previous year as demand for enterprise IT solutions in the region remains buoyant.

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Plan to address needs of ‘energy impoverished’

A five-point policy plan to address the immediate needs of the energy impoverished and longer term energy needs from global growth, citing valuable lessons learned from three major Asia-Pacfic Economic Coopeartion (Apec) nations was highlighted

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China says risks to economy 'not that scary'

The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping told global business leaders on Sunday to dispel worries about the world's second-largest economy.

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US payrolls rise, unemployment rate falls to 5.8pc

US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand. Despite the strength

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Saudi sanitary ware market to grow 28pc

The Saudi Arabian sanitary ware market has witnessed tremendous growth in the past few years, driven by a booming construction sector, growth in real estate, rising disposable income and positive government measures, according to a recent report

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Mobily will soon return to growth says Etisalat

Etisalat is confident Saudi Arabia's Mobily will return to growth soon after the affiliate restated 18 months of profits this week, the UAE telecom operator said on Thursday. On Monday, Mobily stunned investors by announcing i

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