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FINANCIAL NEWS
GCC computer, elect industry grows by 4.8pct
27 Sep 2016
(MENAFN) The GCC computer and elect products manufacturing industry reached notable increase in the past years, with an annual growth rate of 4.8 percent.
Additionally, the sector has increased in value from an estimated USD395mn in 2011 to USD476mn in 2015.
Moreover, Gulf is considered a large consumer market for computer and elect products, with its imports doubling amid the period between 2007 and 2015.
Meanwhile, exports of computer and elect products posted 32.5 percent increase amid the same year.
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