Monday 28 July 2014
 
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Illegal housing boom is big challenge for Egypt's leader

When an explosion in one of Cairo's calmer residential areas reduced a five-story building to rubble, residents feared it was the work of suicide bombers. Actually, authorities were dynamiting unlicensed buildings, even though

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GCC healthcare market to hit $69bn by 2018

The GCC healthcare market is projected to grow at an annual rate of 12 per cent to $69.4 billion by 2018 from an estimated $39.4 billion in 2013, driven by robust population growth and rising income levels, said a report. The outp

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Oman's population tops 4 million

Oman's population has almost doubled over the past decade and has now crossed the four million mark, a report quoting official statistics said. The total population of Oman had reached 4,000,345 as of April 2. Citizens constit

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China's urbanisation rate set to hit 60pc

China's urbanisation rate is expected to hit 60 percent by 2018, according to a government think tank report, two years ahead of previous official expectations, bringing a potential economic boost to the world's second largest economy.

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Global health workforce shortage to reach 12.9m

The world will be short of 12.9 million healthcare workers by 2035; today, that figure stands at 7.2 million, according to a report released by the World Health Organization (WHO). The report, A Universal Truth: No health without

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Qatar's fiscal surplus doubles to $27.4bn

Qatar's fiscal surplus more than doubled to a record $27.4 billion -  equivalent to about 14.2 per cent of GDP - during the financial year 2012/13, driven by burgeoning oil and gas revenues, said a report. However, a pick

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Syrian refugee numbers hit 2m in ‘tragedy of century’

More than two million refugees have now fled Syria's civil war in human suffering unparalleled in recent history, the United Nations said on Tuesday. Of the total Syrian population of about 20 million, either inside or outside

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Ageing, fertility rates - tough choices for Europe

Slowly but unsurely, Europe is facing up to population trends that will sap long-run economic growth and force nations to choose between cutting pensions and welfare benefits or paying higher taxes to maintain them.  

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GGC food consumption ‘to top 3pc growth’

Food consumption in the GCC region will expand at a compound annual growth rate of 3.1 per cent, reaching 49.1 million metric tonnes by 2017 in line with the rapidly growing population and increase in foreign tourists, a report said.

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Saudisation ‘will support economic growth’

Saudisation will support economic growth and although the SR2,400 ($640) levy on foreign employees in excess of locals will cause short-term margin pressures, it will result in long-term gains, a report said. “We believe Sau

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