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FINANCIAL NEWS
GCC mobile phone shipments grows by 33pct
16 Dec 2016
(MENAFN) The mobile phone market in the GCC States plunged more than 33 percent year on year, dragged by Saudi Arabia and the UAE.
Accordingly, the whole shipments in the third quarter reached 5.6mn units compared to 8.4mn a year ago.
However, the UAE shipments dropped by almost 29 percent in the cited period of the year to 1.28mn compared to 1.8mn a year ago.
On the other hand, the fourth quarter is the best quarter of the year for mobile shipments, with the GCC market predicted to grow more than 3 percent over.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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