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Diversification

UAE’s Pharmax unveils big growth plans for 2019

Pharmax Pharmaceuticals, a recently launched UAE-based pharmaceutical manufacturing company, has announced ambitious growth targets for 2019, including diversification of therapeutic areas, an increase in product lines and expansion into key mar

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UAE’s Pharmax unveils big growth plans for 2019

Pharmax Pharmaceuticals, a recently launched UAE-based pharmaceutical manufacturing company, has announced ambitious growth targets for 2019, including diversification of therapeutic areas, an increase in product lines and expansion into key mar

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Diversification key to success says Jalboot CEO

Diversification is the key to success in the marine and boat industry, according to Jalboot Holding chief executive officer Mohamed Roestali. Former boat tour company Jalboot has experienced a year of growth as it has spread

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Robust framework needed for diversification: Aramco official

Economic diversification in the region must be based on a robust, integrated, and holistic framework that integrates all the initiatives together to create a solid foundation, a senior Saudi Aramco official has said.  

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Robust framework needed for diversification: Aramco official

Economic diversification in the region must be based on a robust, integrated, and holistic framework that integrates all the initiatives together to create a solid foundation, a senior Saudi Aramco official has said.  

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Why GCC will find it hard to diversify from hydrocarbons

The GCC economies' high concentration and dependence on the hydrocarbon sector, which averaged about 30 per cent of GDP and 60 per cent of total exports over 2015-2016 could become a credit negative factor when not offset by substantial fina

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Tourism 'key for economic growth and diversification' in Mena

Tourism can be a key driver of the growth and economic diversification for the Middle East and North Africa (Mena) region with the region received a total of 72.2 million international tourist arrivals in 2016. The Middle East rec

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Saudi diversification from oil ‘likely to take time’

Saudi Arabia’s initiatives to move from heavy dependence on the hydrocarbon sector will take time as long-term projects will face challenges such as the transfer of public sector jobs to the private sector, said an industry expert.

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National talent ‘helps diversification plans’

About 77 per cent of regional business executives believe incubating national talent contributes to economic diversification strategies in the Middle East, a London Business School (LBS) survey said. The survey of more than 200 bu

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Diversification in hospitality sector key to success, say experts

This year’s Arabian Hotel Investment Conference (Ahic) will focus on diversification in the hospitality sector in response to the challenges faced by the region, according to the conclusions of a regional briefing in Doha in the run-up to

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