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Regional funding boom for plane deliveries: Boeing

Boeing, a leading aircraft manufacturer, said today that commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.

Moody’s changes Egypt’s outlook to stable from negative

Moody's Investors Service has today (October 20) changed Egypt's outlook to stable from negative and affirmed its Caa1 government bond rating.

Ooredoo chief presses for Internet for all

The chairman of Ooredoo Group has challenged governments and industry peers to address the infrastructure challenges in bringing the next billion people

Non-hydrocarbon sector driving Qatar growth

The non-hydrocarbon sector in Qatar continues to drive economic growth, supporting the diversification of the economy, a report said.

Renault’s sales up record 33pc in GCC

French automaker Renault sold a record 10,656 units across the GCC from January to August, marking an increase of 33 per cent as against the corresponding

Abu Dhabi residential market posts solid Q3 growth

The residential market in Abu Dhabi, UAE witnessed solid growth in the third quarter driven by positive investor sentiment and population growth and potential

Future of regional retail industry in focus

The future of the Middle East and North Africa (Mena) region’s retail landscape will be focus of a leading educational and networking conference for

Electricity demand to rise 43pc in GCC

Demand for electric energy in the GCC will rise by 43 per cent during the next five years due to the huge residential and industrial investments that are expected to reach

Mideast ICT market to hit $20bn, outpacing global average

The Middle East region’s information and communication technology (ICT) market is set to jump from a projected $15 billion this year to $20 billion in 2020, outpacing the global average, according to market intelligence

Bahrain on list of ‘wasteful’ countries

Bahrain is one of the most wasteful nations on earth, according to a new report from a leading wildlife conservation organisation.

Dubai police to get Google Glass to fight crime

Dubai police plan to issue detectives with Google Glass hands-free eyewear to help them fight crime using facial recognition technology, a police spokesman

Bahrain healthcare sector logs 10pc growth

Bahrain continues to see rapid growth of around 10 per cent per annum in the healthcare sector, according to an Oxford Business Group report.
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