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.
NRMCA and Grey Matters hosted the 9th International Concrete Technology Forum in the Middle East at Ritz Carlton Hotel in Doha, Qatar on the 3rd of December 2017. The conference was a big success being sponsored by 11 companies where 155 personnel attended. For the second year in a row, “Al Khalij Cement Company” was the partner of the event. Qatar Construction Specification endorsed the event. The International Concrete Technology Forum was also endorsed by the “Concrete Sustainability Council”. The platinum sponsors were “Qatar Beton”, “Chryso” and “Doka”; the gold sponsors were “United Readymix”, “Hydronix” and “Simatec”; the silver sponsors were “Cortec”, “Kryton” and “Ciko Middle East”.
Aamal Company Q.P.S.C. (“Aamal”), one of the region’s fastest growing diversified companies, today announces that via Senyar Industries Qatar Holding W.L.L., one of Qatar’s leading industrial groups in which Aamal is a 50% shareholder, it will further diversify through the development of three major new industrial projects: a copper production facility; an aluminum production facility; and a drum production facility.
The Gulf Cooperation Council was established in Abu Dhabi on May 25, 1981, with the sole aim of strengthening each other and promoting progress in the Gulf region. GCC union comprises six countries, United Arab Emirates, Kuwait, Saudi Arabia, Qatar, Bahrain, and Oman. Since 1981, all these countries have worked in harmony, each banking on its unique attributes or natural resources. But some have progressed further than others when it comes to real estate. Here we look at the top three realty markets in the GCC and discuss what makes them stand apart from the rest.