OPENING BELL
86%
“Today the question on
everyone’s mind is: will the
low oil price environment
stall the growth of
renewables? We don’t
believe so.”
The percentage of
Saudis going online
at least once daily
via smartphone or a
computer, a whopping
42% increase since
2012 as per Google’s
latest Saudi Arabia
Connected Consumer
Survey.
- Alex Thursby, NBAD’s
Group CEO
AED
27.3b
Overall group revenue
for Majid Al Futtaim, the
leading shopping mall, retail
and leisure pioneer across
the MENA, up 8%YoY for full
year 2015.
0.23%
Average contribution of
card usage to UAE GDP
between 2011-2015.
April 2016 | www.wealth-monitor.com
$864.2m
The size of public cloud
services market in the
Middle East and North
Africa (MENA) region
projected to grow 18.1%
in 2016, according to
Gartner, Inc.
$3.7b
Added to the UAE’s GDP
from 2011 to 2015 by
increased electronic
payment (card) usage as
per study commissioned by
Visa Inc.
4%
Annualized Returns
to Bondholders in
2015 distributed by
National Bonds.
AED 23m
Cash pay-out, translating
to a dividend of 20%
declared for the year
2015 by Dubai National
Insurance & Reinsurance
PSC (DNIR).
AED 176 bn
Size of Dubai’s non-oil
trade with China over
2015, maintaining its
position as Dubai’s
leading trading partner.
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