Friday 24 October 2014
 
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UAE’s IT services market grows 15.5pc this year

The UAE’s information and technology services market is set to grow 15.5 per cent year-on-year this year and an average of 11.3 per cent over the coming five years, according to latest International Data Corporation forecasts.

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Takaful premiums post 7pc growth in Bahrain

Increasing demand for Sharia-compliant insurance in Bahrain has led to takaful premiums growing more than seven per cent last year, it has emerged. According to Central Bank of Bahrain (CBB) executive director of financial institu

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French cream import grows 13pc in UAE

The import of French cream soared 13 per cent in value in the UAE last year, according to an expert. Christophe Spotti, director - External Markets, CNIEL, the French Dairy Association, said cream, in all of its forms, is one of t

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Abu Dhabi residents urged to conserve water, electricity

Abu Dhabi’s Regulation and Supervision Bureau has called its residents and businesses across the emirate to conserve water and electricity as the demands on these resources grow.   The bureau has been a campaign that inc

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Bahrain family businesses 'need 15-20pc growth'

Family businesses in Bahrain need to grow 15 to 20 per cent a year just to maintain the same level of wealth across generations, according to expert analysis. KPMG Bahrain audit partner and family business head Harish Gopinath tol

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Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata). Regional airlines are capturing growth opportunities by

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Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata). Regional airlines are capturing growth opportunities by

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Bahrain construction sector grows 40pc

Bahrain’s construction sector has grown by 40 per cent since January, it was revealed yesterday ahead of a major construction event. The figures were released as Bahrain steps up preparations for the annual GCC Construction

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Kuwait to double power, desalination capacity

Kuwait’s Electricity and Water Ministry is set to more than double power generating and desalination capacity by 2017 to cater to the growing demand, with billions to be invested over the medium term, said a report. The new

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Kuwait to double power, desalination capacity

Kuwait’s Electricity and Water Ministry is set to more than double power generating and desalination capacity by 2017 to cater to the growing demand, with billions to be invested over the medium term, said a report. The new

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