Monday 11 December 2017
 
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growth

Mena construction market to hit $330bn by 2022

The construction sector in the Middle East and North Africa (Mena) region is set to outpace the global growth, expanding by 5.8 per cent in 2018 to hit $225 billion, according to BMI Research, a Fitch group company.  

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Television market in MEA to grow 30pc by 2021

The television market in the Middle East and Africa (MEA) is expected to grow by 30 per cent from 2016 to 2021, an increase in value of almost $3.5 billion, making the MEA region one of the fastest growing global markets, said a report published

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Alpha Destination Management posts 8pc growth

Alpha Destination Management, a leading destination management company in the Arabian Gulf, has registered a growth of almost eight per cent in 2017. Making the announcement Ghassan Aridi, CEO of Alpha Destination Management, said

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UAE housing boom to drive wood market growth

With over 25,000 homes being added to the UAE’s residential market this year, the wood and furniture market is likely to witness solid growth, said a report released ahead of the Dubai WoodShow. To be held from March 12 to 1

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Petchem sector 'key for Gulf GDP growth'

The rising global demand for petrochemicals reinforces the fact that the sector is key for regional countries to grow and increase their gross domestic product (GDP), said an industry expert. Participating in the ongoing 12th annu

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Global economy likely to see sustained growth in 2018

World economy is likely to see sustained solid growth with the global GDP growth accelerating slightly to a pace of 3.8 per cent, even as monetary policy becomes less accommodative, said Credit Suisse in its Investment Outlook 2018.

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GCC construction sector posts 30pc growth in 2017

The GCC construction market showed relative resilience in its performance, depicting a 30 per cent pick-up in 2017-to-date, according to a new study by Mena Research Partners, a leading research company in the region. With total G

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MBR systems market in Saudi, UAE to see 17pc growth

The membrane bioreactors (MBR) systems market in Saudi Arabia, the UAE, and Iran is expected to register a compound annual growth rate of nearly 17 per cent between 2011 and 2018, as wastewater treatment, reuse and recycling initiatives gain mom

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Azerbaijan records huge visitor growth from Bahrain

Azerbaijan has witnessed a huge eight-fold rise in visitors from Bahrain this year, it was revealed at a meeting of travel trade representatives and media in Manama.    The Ministry of Culture and Tourism of

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Jafza posts 7pc growth in oil and gas firms

Dubai's Jebel Ali Free Zone (Jafza), one of the world’s largest free zones, and a subsidiary of global marine terminal operator DP World, has seen 7 per cent growth in the number of oil and gas companies in the free zone during 2016.

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