A.M. Best has a negative outlook on the insurance markets of the Gulf Cooperation Council (GCC). Insurers in the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) have historically enjoyed significant capital buffers and benefited from extensive reinsurance support; however, continuing headwinds could lead to potential volatility in the operating performance and capitalisation of market participants.
Private and hybrid cloud IaaS providers should focus on turnkey services to support large enterprise migration to the cloud, finds Frost & Sullivan’s Digital Transformation team
MECSC’s Next Generation Events – connecting shopping centre and retail industry professionals across the MENA
Growing news across oil exporting countries have been unpleasant. This Monday, Russia and Saudi Arabia announced that they request a nine month OPEC output cut extension. Following that Kuwait and Oman has joined Russia and Saudi Arabia – the two largest producers among the 24 producers who earlier agreed to cut output in 2018 for an extension.