Thursday 28 November 2024
 
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S&P sees growth plunge for GCC non-oil sector, rebound for O&G

S&P Global Ratings expects Gulf Cooperation Council (GCC) oil, gas, and chemicals companies' earnings to rebound in 2024 even as the non-oil sector earnings growth take a plunge from 15% last year to 7% in 2024.

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S&P sees growth plunge for GCC non-oil sector, rebound for O&G

S&P Global Ratings expects Gulf Cooperation Council (GCC) oil, gas, and chemicals companies' earnings to rebound in 2024 even as the non-oil sector earnings growth take a plunge from 15% last year to 7% in 2024.

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Jeplan, Rebound to build PET chemical recycling plant in UAE

Japan-based recycling company Jeplan has signed a letter of intent (LoI) to jointly build a PET chemical recycling plant in the UAE in partnership with Rebound, a global trading platform for recycled plastic and a subsidiary of Abu Dhabi-based

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Jeplan, Rebound to build PET chemical recycling plant in UAE

Japan-based recycling company Jeplan has signed a letter of intent (LoI) to jointly build a PET chemical recycling plant in the UAE in partnership with Rebound, a global trading platform for recycled plastic and a subsidiary of Abu Dhabi-based

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Rebound, Bioeconomy and ACX sign Net-Zero MoU

Rebound Ltd (RPX) has signed a Memorandum of Understanding (MoU) with carbon-focused firms Bioeconomy and ACX Holdings Ltd, to identify net-zero carbon and recycled plastics opportunities.   Plastics are on track

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GCC retail industry to 'grow 15.7pc to $296.8bn in 2022'

GCC retail industry will surpass pre-pandemic levels in 2022, register a 15.7% year-on-year growth and reach a revenue of $296.8 billion. The industry is expected to further grow at a compounded annual growth rate (CAGR) of 5.7% by 2026, says

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Middle East firms post strong post-pandemic rebound: study

Businesses in the region have experienced a strong post-pandemic rebound and revenues have risen above pre-pandemic levels, according to the annual working capital study by PwC Middle East.   This is as a result

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Rebound launches global trading platform for recycled plastics

Rebound, a subsidiary of International Holding Company, today celebrated the launch of Rebound Plastic Exchange (RPX), a global B2B digital trading platform for recycled plastics, a turning point for the industry as the world’s plastics

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Saudi Arabia the 'top-performing construction market'

Saudi Arabia is now considered the top-performing market as Middle East construction output recovers.   The Saudi Arabian construction market, which was valued at around $37 billion in 2020, is expected to regist

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Major rebound seen in UAE real estate deals in H1

There has been a significant rebound in real estate transactions in the UAE during the first half of the year mainly buoyed by confluence of factors, according to Kuwait Financial Centre (Markaz).   Bright macroe

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