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Tag Archives: Growth

UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

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Technology will help drive the next wave of growth in UAE

Boost in efficiency with leaner organisations, resources to invest in other areas of growth Commonly, businesses require a great deal of support to process government and corporate transactions such as licensing, leasing, visa issuance and customer care. The level of support received has become a fundamental factor in evaluating any business environment, as it enables companies to get their business …

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Gateway Gulf concludes with focus on technology-led future growth

Manama, Bahrain: The final day of investment forum, Gateway Gulf, highlighted opportunities for foreign direct investment being driven by economic diversification across the GCC. At the forum, H.E. Eng. Ibrahim Al-Omar, Governor, Saudi Arabian General Investment Authority (SAGIA), spoke about the growing inward investment opportunities in Saudi Arabia and the region: “13 per cent of the world’s trade passes through …

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Digital transformation of Service Economy can drive growth across Middle East and Africa says World Bank

Rabah Arezki, Chief Economist for Middle East and North Africa Region (MNA) at the World Bank will be addressing this subject in a Keynote Speech: “A new economy for MENA – how the service economy and digital transformation can drive growth and job creation across the region” Investment into digital transformation in the major Cities of the Middle East and …

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UAE economic growth to stay resilient

Non-oil growth in the UAE will remain resilient in 2017 while in the medium term, while economic activity will strengthen on the back of firmer oil prices and a rebound in global trade, the World Bank said on Thursday. While an Opec-mandated oil production cut restricts oil growth, firmer oil prices, a rebound in global trade and easing of fiscal …

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Exponential growth seen in GCC assets under management

Dubai is set to reinforce its status as the region’s leading financial hub with new legislation and regulation expected to attract inward investment as the GCC is forecast to see an exponential growth in assets under management to nearly $111 billion by 2020, a new study reveals. While fund managers in the UAE are expected to see their asset under …

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Increase in outsourced FM to boost industry growth

UAE FM market to expand at CAGR of 8.51 per cent between 2016 and 2021 Outsourcing in facilities management (FM) is continuously gaining a wider traction thanks to the growing trend among businesses across sectors to reduce their overheads, while spurring their productivity, protecting their margins, and leveraging niche expertise. According to the projection of Frost & Sullivan, the global …

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“Digital Qatar” Offers Huge Opportunities for Growth and Development

Strategic Panel at Euromoney Qatar Conference 2016 will Outline Roadmap for Nation’s Digital Development Doha, Qatar – The State of Qatar’s efforts to digitise its economy and provide more services online is opening a huge range of opportunities for citizens, businesses and the wider region, according to experts set to attend the Euromoney Qatar Conference 2016. Qatar has announced a …

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Demography to play a crucial role in GCC economic growth

According to the latest Macro report from Indosuez Wealth Management. GCC economic growth and future is linked to the dynamics of the region’s demography Dependency ratio will be an issue due to the GCC’s high young population Mismatch between the local population’s skills and job openings Women’s low participation in the work force, particularly in Saudi Arabia Excessive unemployment rate …

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Sabre appoints new country manager in Jordan to support growth and expansion

Jordan and Middle East – Sabre Travel Network Middle East, STNME, has appointed Yassar Al Majali as country manager of Jordan. In his role, Yassar will be responsible for driving new sales opportunities for Sabre’s business in Jordan, and strengthening trusted relationships with its corporate and leisure travel agency customers. He will also focus on bringing industry-leading solutions to Sabre’s …

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