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Gulf firms turn to banks to fund big projectsGulf state-owned firms are increasingly turning to banks to finance infrastructure projects, according to Societe Generale, as governments hit by lower oil prices seek commercial routes to see through extensive development plans. More… |
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Gulf firms plan to hire more local talentNearly half of the companies in the Gulf region plan to recruit local talent, revealed a new poll conducted by leading job site Bayt.com. The online poll series on ‘Localisation Hiring Policies in the GCC’ found that 49.2 p More… |
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Many GCC firms in 'incoherent sectors'In pursuit of top line growth, many GCC companies have ventured into different businesses that are not coherent with their traditional capabilities, according to a new study by Booz & Company. A review of leading conglomerates has show More… |
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Gulf firms told to focus on product improvementGulf companies must stop focusing on price cuts, and start looking at areas where they can stand apart from their competition, according to Professor Michael E. Porter, the world’s leading business strategist. Professor Porter, who was spe More… |
