Business & Management

Abu Dhabi government likely to reform electricity and water subsidies

power-bernardwee-flickrThe Abu Dhabi government is expected to reform its subsidies on water and electricity, according to a senior International Monetary Fund (IMF) official

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GCC to register 4.5 per cent growth this year, states IMF

christinelagarde-IMF-flickrThe International Monetary Fund (IMF) has forecast a 4.5 per cent growth for the GCC in 2014-15, with the non-oil sector set to grow six per cent annually 

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Booz Allen Hamilton hires new members for MENA expansion

BoozUS-based Booz Allen Hamilton has appointed a five-member senior leadership team to provide consulting services for the Middle East and North Africa (MENA) as the firm plans to expand its footprint

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Transguard Group secures US$38mn for multiple contracts in Dubai

construction-SarahOwermohle-flickrTransguard Group has secured multiple contracts for US$38mn for projects in construction, facilities management and mechanical, plumbing and electrical (MEP) sectors, in Dubai

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CII opens first Middle East office in Bahrain

bahrain-rockychang-flickrThe Confederation of Indian Industry (CII) has opened its first Middle East office in Bahrain — a move that is expected to boost trade between the GCC states and India

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