CAGR

NEWS DESK

UAE Residential Real Estate Transactions Projected to Grow at 2.66% CAGR between 2025 and 2029, Says Global Study

PR News Desk 27/07/2025

As the UAE continues to implement its transformative urban agenda, the residential real estate sector is expected to register steady and sustained growth over the coming years. According to Statista, the value of residential real estate transactions is projected to witness a compound annual

NEWS DESK

Medlab Middle East looks to the future of laboratories

PR News Desk 22/01/2025

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 from 3-6 February, will bring together medical laboratory […]

NEWS DESK

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

PR News Desk 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

PR News Desk 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 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, […]