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GCC LED lighting market on track for double-digit growth

  Emirates Business Increased demand for energy efficient lighting solutions in the Gulf Cooperation Council (GCC) is spurring fresh growth for the LED market, as the sustainable and long-lasting luminaire looks to dominate the regional architectural and public lighting landscape. Analysts Frost & Sullivan estimate that the GCC’s LED (light-emitting diode) market was worth US$900 million in 2015, comprising 38 ...

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SR58bn in electronic transactions recorded during Ramadan

  Jeddah / TNS Secretary General of the Committee on Information and Awareness in Saudi Banks, Talaat Hafeth, said that transactions made using the Mada System for sales points and ATMs amounted to SR58.6 billion this Ramadan, marking a growth rate of 8 percent compared to the previous year. He said that the highest number of sales made in a ...

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Riyadh chosen as HQ of Arab tourism union

  Jeddah / TNS The Arab Tourism Experts Union, a tourism body of experts seeking to promote tourism among the Arab countries, selected Riyadh as its headquarters. The union also decided to open branch headquarters in a number of Arab countries. The countries that represent the general commission of the union include Saudi Arabia, Jordan, Iraq, Yemen, Oman, Tunisia, Algeria, ...

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