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Qatar’s travel sector to top $7bn next yearQatar’s travel market is expected to grow steadily from $5.4 billion in 2012 to $7.7 billion in 2014, signifying a healthy economy backed by government spending on tourism development, a report said. The online travel market More… |
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Economic growth, capitalisation ‘driving Gulf banks’Gulf banks will likely continue their steady recovery from the global financial crisis this year, aided by healthy economic growth in the GCC and still high oil prices, said a new report released by Standard & Poor’s (S&P). More… |
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Asians ‘will claim 33pc of global travel spend’Asian travellers will account for one third of the world’s travel spend by 2020, a report said, identifying the trends in the next 10 years of travel as well as the new categories of traveller that are emerging. The new repo More… |
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Saudi pharmaceutical market to reach $4.7bnThe pharmaceutical market of Saudi Arabia, one of the largest in the Middle East region, is forecast to expand by 4.7 per cent a year to reach $4.7 billion by 2016, a report said. The GCC States comprise a dynamic life sciences an More… |
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Barracuda security solutions win IDC praiseUS-based Barracuda Networks, a leader in IT security solutions, announced that its products were recognised for their flexible yet comprehensive ability to protect users online by IDC, a global market intelligence firm. The report More… |
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Sabic releases first sustainability reportSaudi Basic Industries Corporation (Sabic), ranked among the top petrochemical companies in the world, on Sunday released its first sustainability report, entitled “Sustainability+Performance.” &n More… |
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Currency: Iran govt may win battle of willsA battle of wills between Iran's government and foreign exchange traders may end with authorities taking over all legal trade in the rial, leaving many Iranians to seek hard currency illegally in a poorly supplied black mar More… |
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New Islamic banks in Oman 'facing challenges'New Islamic banks set up in Oman will struggle initially to compete with established conventional banks offering Sharia-compliant services when the country opens up its banking sector, according to Fitch Ratings. "While there More… |
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Global asset management growth stallsThe $58 trillion global asset-management industry faces rising headwinds and its growth has stalled, putting the industry's attractive economics at risk, according to a new report. Asset managers collectively failed in 2011 to attra More… |
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OBG gets new team for Bahrain reportOxford Business Group (OBG), a leading global publishing, research and consultancy firm, has appointed a new editorial team to supervise the publication of its upcoming The Report: Bahrain 2013. The new country manager is Carolina More… |
