High-frequency data paints a positive outlook for non-energy sectors across the GCC even as extended oil production curbs are predicted to slow down the economy. Within the GCC, Bahrain …
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REAL ESTATEREAL ESTATE
Q1 net profits of ‘GCC firms slide led by Energy and Telecom’
by Press Roomby Press RoomAggregate net profits reported companies listed on GCC exchanges dropped to the second lowest level in nine quarters during Q1-2024 at $56.4 billion as compared to $61.8 billion in Q1-2023, …
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India’s top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that one of its key subsidiaries has secured multiple orders – valued in the range of Rs50 billion …
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The Saudi Arabian car market has emerged as a powerhouse, accounting for more than half of all car sales in the Gulf region. This positions the kingdom as one of …
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Automechanika Riyadh, Saudi Arabia’s leading trade show for the automotive aftermarket, will provide a platform for thought leaders, experts and industry professionals to discuss the Saudi Arabian automotive sector. …
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AUTOMOTIVEAUTOMOTIVE
MG among top five best-selling car manufacturers in GCC
by Press Roomby Press RoomMG Motor continued its successful upwards trajectory in the rankings of the Middle East’s top car manufacturers, moving up another place in 2023 to secure fifth position with yet another …
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Bahrain’s leading telecom company Batelco, a part of the Beyon Group, has entered into a partnership with auto major BMW to enable eSIM technology for the group’s latest models available …