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Bad decisions always bite: labor crackdown, consumer borrowing suggested as potential reasons for Saudi Arabia's slowed economic growth

In the first quarter, growth in all three sectors ... Saudi Arabia’s economic growth eased to an annual rate of 4.7 percent in the first quarter of 2014 ... widespread than growth a year ago.Economic growth in the Kingdom reached 5 percent in October-December, ...

07/07/2014 - 12:42 - comment 0

GCC remains main source of growth for MENA region

investment spending are projected to accelerate growth in the GCC, while the rest of MENA is likely ... of economic growth in the Middle East and North Africa (MENA), with Qatar leading the way, said Qatar National Bank Group (QNB) in its weekly report.Real GDP growth in the GCC registered an estimated 4.1 percent ...

19/05/2014 - 22:02 - comment 0

NCB Capital believes strong organic growth supports outlook for the Saudi retail sector

outlook remains positive, led by strong earnings growth from store expansions, strong organic growth ... growth from store expansions, strong organic growth, margin stability and Saudisation pressures easing.   “EIU expects a CAGR 7.8% growth for the sector till 2018E,” stated Mohamed Tomalieh, Equity Research ...

Press Release - 29/09/2014 - 06:33 - comment 0

DP World limited like-for-like profit grows 41% in first six months of 2014

increased 11.6% driven predominately by containerised revenue growth of 12.0% on a like-for-like basis. ... adjusted EBITDA margin 45.6%) Adjusted EBITDA margin improved due to strong throughput growth ... investment in quality long-term assets to drive long-term profitable growth $350 million invested ...

Press Release - 28/08/2014 - 08:19 - comment 0

Going fancy was worth it after all: Jordan's new airport sees record passenger growth

has recorded a 13.2 per cent growth in passenger traffic in August which soared to a record 785,685 compared to the same period last year.The airport witnessed steady growth in passenger traffic ... has recorded a 13.2 per cent growth in passenger traffic in August which soared to a record 785,685 ...

28/09/2014 - 18:31 - comment 0

Israel's GDP per capita growth 'close to zero'

growth in 2014, compared with 3.2% in 2013, based on preliminary figures for January-August 2014. In per capita terms, this amounts to growth close to zero. Detailed data will be published at the end ... growth in 2014, compared with 3.2% in 2013, based on preliminary figures for January-August 2014. In per ...

25/09/2014 - 20:49 - comment 0

Leading Saudi IT and Communications Company achieve 20 per growth

In fact, the company has recorded a growth average of 20% for the last three years. Ahmad Ashadawi, CEO ... via a highly proficient and confident workforce”.  “Looking towards driving in more growth, Al ... of the GCC region over the last 35 years. In fact, the company has recorded a growth average of 20% ...

Press Release - 23/09/2014 - 06:19 - comment 0

Gaza War to end seven years of consecutive growth in Palestinian economy

a strong world response to rebuilding needs could ultimately spur economic growth. War in Gaza will contribute to a reversal of seven years of growth in the Palestinian economy, now ... percent, while a slight recovery in the fourth quarter could push  West Bank  growth to about 0.5 ...

17/09/2014 - 16:11 - comment 0

More money to be taken care of: private wealth growth in the GCC exposes need for prudence

(BCG) titled “Global Wealth 2014: Riding a Wave of Growth”.   Private wealth management services ... underscored. Globally, the growth of private wealth was driven primarily by returns on existing assets. ...

29/09/2014 - 11:51 - comment 0

Middle East airlines record 9.2 per cent growth in passenger traffic for July

Middle Eastern airlines recorded the strongest growth ... Airlines in the Middle East recorded the strongest growth in passenger traffic at 9.2 per cent in July, benefitting from the strength of regional economies and solid growth in business-related premium travel, ...

03/09/2014 - 13:22 - comment 0