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FINANCIAL NEWS
GCC’s lighting systems market to hit USD3.5b in 2020
12 Aug 2015
(MENAFN) The GCC’s lighting systems market is projected to grow at a compound annual growth rate (CAGR) of 11 to 12 percent in the next five years to reach around USD3.5 billion by 2020.
Economic diversification and green infrastructure investments have put the GCC lighting systems market on a double-digit growth path, as the market is currently valued at around USD2.5 billion
The increase is to be powered by high demand in the UAE, Saudi Arabia and Qatar. It is also driven by the increasing preference among governments for smart and green infrastructure solutions.
More News
08 Apr 2026
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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