Tag: growth
Kuwait Steel Digitally Transforms with SAP to Boost Manufacturing Growth
One of Kuwait’s largest manufacturers, Kuwait Steel (United Steel Industrial Company), has said that its digital transformation with global technology company SAP is enabling...
UAE Economy Grew By 2.9 Per Cent In 2019, Says Central Bank
The UAE’s overall real GDP grew by 2.9 per cent in 2019 as compared to 1.7 per cent in the previous year, mainly driven...
World Economy Haunted by Risk Just Got a Double Shot in the Arm
(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...
These 20 Countries Will Dominate Global Growth in 2024
(Bloomberg) -- The global economy, weighed down by tensions that have stalled international trade and elevated uncertainty, is expected to see slower growth in the...
Oman has achieved 70% of 2020 vision goals: SCP Secretary-General
Sultan Qaboos University (SQU) students will be partners in preparations of Oman’s tenth five-year plan, the first operational plan as part of its Vision...
Majid Al Futtaim Group H1 2019 revenue increases by 1%
Majid Al Futtaim, the Dubai-based retail and leisure pioneer, recently released a statement saying it has recorded $4.9bn (AED17.9bn) in revenues during the first...
Oman’s state budget deficit sees 53% drop in first half of 2019
The Sultanate’s state budget deficit has seen a 53% drop with the deficit at OMR 0.66bn (660mn) as compared to OMR1.4bn for the same...
Natural gas key catalyst to fuelling Oman’s economy
Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released...
Worldwide 5G Network Infrastructure Revenue to nearly double by 2020
Worldwide 5G wireless network infrastructure revenue will reach $4.2bn in 2020, according to Gartner Inc. This is an 89% increase from the 2019 revenue...
Oman’s real estate sector transactions reach OMR269mn in two weeks
Oman’s total value of real estate sector transactions reached OMR269mn in the 15 days of July and August. The traded value of property was...
