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Qatar is expected to be one of the fastest growing market, driven oil market share dubai insurance rising business tourism and leisure tourism as the country prepares itself for the FIFA World Cupand in order to achieve its national vision. For more details please click here to access the complete version of the GCC Hospitality Industry report. According to the report, the UAE insurance companies are responding to slower growth in by ceding less business to reinsurance companies.
The demand for number of hospital beds in the GCC region is projected to grow at a 2. It also covers the future growth potential of trade and capital flows between the two regions. The report talks about how we see this relatively recession proof industry evolving over the next decade.
Secondly, the GCC region has had continued economic growth and a healthy GDP projected for the future from which the Hospitality industry will benefit as its strategic location makes it attractive to tourists from UK, Europe and the GCC itself. The GCC Hospitality market is expected to grow at a 7. The report estimates that by6, additional schools would be required to meet growing demand. Private sector has limited presence in the industry oil market share dubai insurance present but will play an important role in the time to come.
Retailers with focus on non-discretionary goods will continue to outperform in the short term while those promoting discretionary products, large ticket items in particular, may face challenging market conditions for a while still. The GCC Takaful industry is bucking the trend in the broader economy and continues to growth at a healthy pace. The growing need for quality education and commitment by the governments throws up a number of investment opportunities within this sector. For more details please click here to access the complete version of the Gulf Petrochemicals Industry Report. Oil market share dubai insurance the sector presents attractive oil market share dubai insurance, it is highly competitive and retailers need to continue to innovate so that they can achieve sustainable growth and profitability.
At the same time, the investment portfolios of the insurance companies are heavily tilted towards equities, making them vulnerable in a volatile market. A rise in population coupled with demand from car rental or tourism agencies in view of increasing tourist arrivals is also expected to support new vehicles sales growth, going forward. The GCC hospitality sector is poised for a healthy growth owing oil market share dubai insurance factors such as favourable economic conditions combined with infrastructure development, increased bids to host high profile global events and government support to the private sector. Oil market share dubai insurance UAE is the most developed education market in the region and is an emerging education hub.