CAGR

NEWS DESK

Medlab Middle East looks to the future of laboratories

News Desk 1 22/01/2025 0

The medical laboratory market in the Middle East and Africa (MEA) is on track for remarkable growth, with recent research projecting it to reach USD473.84 million by 2029 at a robust Compound Annual Growth Rate (CAGR) of 12.6%. Against this promising backdrop, Medlab Middle East, taking place

NEWS DESK

GCC retail industry sales to jump at a CAGR of 4.6%

News Desk 1 30/09/2024

The retail industry in the GCC is projected to boom at a compound annual growth rate (CAGR) of 4.6 percent to US$396.9 billion in 2028 from US$309.6 billion in 2023, according to the GCC Retail Industry report by Alpen Capital revealed at the 13th edition of the Middle East Forum (MRF) on September 26, 2024, […]

NEWS DESK

US$2.5 billion Middle East Industrial Valves Market on upswing to touch nearly US$5 billion

News Desk 1 11/09/2024

The Middle East industrial valve market is set to touch nearly US$5 billion in the next five to seven years from the current US$2.5 billion, on the back of the rapid infrastructure development across the region, growing at a CAGR of more than 6 per cent. Showcasing the upcoming global expo, Valve World Expo 2024, […]

NEWS DESK

Acronis joins the UAE data center foray as demand for cloud computing poised to grow by CAGR of 36% by 2030

News Desk 2 10/05/2024

Acronis , a global leader in cyber protection, announced today the opening of a new Cyber Cloud data center in Dubai, signaling a deliberate push to tap into the region’s accelerated technological advancements and increased digitization.  The United Arab Emirates (UAE) newest data center comes against a backdrop of the country’s steady increase in IT load capacity, […]