Tuesday 3 May 2016
 
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Middle East

Karcher posts double-digit Mideast growth

Karcher, a world leader in innovative cleaning technology solutions, has recorded double-digit sales growth in the Middle East region in 2015, despite difficult market conditions, mainly through expansion of its products and services into variou

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New summer promotions at Mövenpick Hotels & Resorts

Families dreaming of a fun summer vacation can take advantage of Mövenpick Hotels & Resorts promotional offers around the Europe, the Middle East, Africa (EMEA) and Asia. The group is offering discounts of up to 30 per ce

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Construction sector to boost MEA masterbatch market

The masterbatch market in the Middle East and Africa (MEA) region is projected to grow at a compound annual growth rate (CAGR) of over nine per cent in the next five years amid growing demand from the building and construction sectors besides pa

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Construction sector to boost MEA masterbatch market

The masterbatch market in the Middle East and Africa (MEA) region is projected to grow at a compound annual growth rate (CAGR) of over nine per cent in the next five years amid growing demand from the building and construction sectors besides pa

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Mideast funds reduce cash as markets find floors

Middle East fund managers are reducing their cash holdings and building back long positions in equities and fixed income because of signs that markets have bottomed out, a monthly Reuters poll shows. During the previous six months

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Bulgaria's RT Consult eyes bigger ME role

Bulgaria’s RT Consult, a specialist in architecture, interior design, sustainable design and consulting sector, is at gulfBID expo in Bahrain to boost its profile in the region, said a company spokesman. Established in 2004

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NavLink inks key EMEA telco services deal

NavLink, a key provider of managed information communication technology (ICT), has partnered with a leading cloud backup and recovery software provider Asigra to deliver backup-as-a-service to telcos and enterprises in Europe, Middle East and Af

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Mideast remittances top $120 billion in 2015

The Middle East is among the top outward remittance hubs in the world, with the figure in excess of $120 billion for 2015, a report. Remittances within the Middle East are rising rapidly as well, particularly with the Arab nationa

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Mideast M&A value declines 67pc in Q1 at $4.7bn

The value of merger and acquisition (M&A) transactions with any Middle Eastern involvement reached $4.7 billion during the first quarter (Q1) of 2016, a decline of 67 per cent compared to Q1 2015 and the slowest first quarter since 2014, sai

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Brazil farm, livestock exports to Mideast hits $724m

Total exports of agricultural and livestock products from Brazil to the Middle East amounted to $724.3 million in March 2016, up 46.3 per cent in comparison to figures from the same period last year, according to statistics released by the Brazi

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