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FINANCIAL NEWS
Mideast physical security spend to jump 36 percent
13 Jan 2016
(MENAFN) Middle East physical security market spending predicted to surge 36 percent this year to USD 5.2bn compared to USD 3.8bn of last year.
Accordingly, infrastructure investment united with better growth fuels need for equipment to save critical assets and people.
Physical security solutions like intruder alarms, video surveillance, electronic locks and door alarms are in high demand; while Internet of Things (IOT) is in grow.
In addition, the intensity of investment expected to top over the next two years toward 2020, when spending on physical security will reach USD 10.2bn, including 10 pct of the global market.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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