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GCC switchgear demand at all-time highThe demand for medium voltage (MV) and high voltage (HV) switchgears in the GCC is at an all-time high due to the rapid expansion of the power, oil and gas infrastructure, and construction sectors, a report said. Further investmen More… |
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End-of-Life vehicle recycling to see big growth in GCCStricter laws, green marketing and public-private partnerships are key drivers for end-of-life vehicles recycling market in the GCC, a report said, adding that automobiles have high potential for recovery, making it a lucrative market. More… |
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Bahrain fastest growing GCC market for SamsungFor the second year in a row, Bahrain continues to be the fastest growing market for Samsung's smartphones, a top official of the company's regional business has said. Samsung Gulf Electronics' head of telecommunicatio More… |
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Takaful industry 'will face big challenges'The takaful insurance industry faces a number of major challenges as it grows both in the region and across the Islamic world and further afield, said a top official of the Central Bank of Bahrain (CBB). "Corporate governance More… |
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KeyBS plans GCC market expansionKeyBS, a newly-launched payment solutions technology company, has announced that it will expand into the lucrative GCC markets to capitalise on the region’s growing technology use and demand for automated solutions. The company will provi More… |
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Common market can beat crisis, says economistThe countries of the region can stand up to the adverse effect of the crisis by establishing a common market, according to an international economist. Dr Krishnamur Chandrasekar, professor of economics at New York Institute of Information More… |
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Italian designers eye $12bn GCC marketItalian designers are now targeting the Gulf’s $12 billion textile and clothing market as global crisis dampens demand for designer-wear in their more traditional markets. 'There is a new world order developing in fashion bra More… |
