Siemens has appointed a new chief executive officer, Kay Zwingenberger, for the companys operations in the UAE
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ME economies could overtake Chinese low-cost manufacturing output

Qatar, UAE, Saudi Arabia and Egypt have been included in the 25 Rapid Growth Markets. (Image source: Nick Bastian Tempe/Flickr)
The Middle East is well placed to succeed China as a key manufacturing hub for low-cost goods, according to Ernst & Youngs (E&Y) Rapid Growth Markets (RGMs) report