GCC’s Hospitality Industry to witness robust growth, forecasts Alpen Capital

DUBAI – June 11, 2024: Alpen Capital’s latest report on the GCC Hospitality industry projects a Compounded Annual Growth Rate (CAGR) of 7.5% between 2023 – 2028.

UAE-based investment banking advisory firm, Alpen Capital, launched its latest report on the GCC Hospitality Industry on Tuesday, June 11^th. The comprehensive report features in-depth analysis and forecasts for the hospitality sector, examining recent trends, growth drivers and challenges facing this dynamic segment. Additionally, the report profiles select hospitality companies operating in the region.

GCC Insurance Industry poised for accelerated growth in the next five years, forecasts Alpen Capital

DUBAI – January 31^st, 2024: UAE-based investment banking advisory firm, Alpen Capital projects the gross written premium (GWP) of the region to grow at a CAGR of 5.3% reaching US$ 44.4 billion by 2028, in its latest GCC Insurance Industry report. The non-life insurance segment is anticipated to grow at a CAGR of 5.4% between 2023 and 2028 reaching US$ 39.6 billion, comprising 89.2% of the region’s GWP by 2028.

The report provides a comprehensive overview of the GCC insurance sector, outlining recent trends, growth drivers and challenges. It also profiles select insurance companies in the region.

The report was launched over a webinar followed by a panel discussion featuring Fareed Lutfi, Secretary General, Emirates Insurance Association and Gulf Insurance Federation; Sunil Kohli, Chief Executive Officer, Dhofar Insurance Co.; and Krishna Dhanak, Managing Director, Alpen Capital. Hameed Noor Mohamed, Managing Director, Alpen Capital moderated the discussion.

Food consumption in the GCC to grow at a steady pace, says Alpen Capital

Dubai – November 28^th 2023: UAE-based investment banking advisory firm, Alpen Capital, projects the food consumption in the region to grow at a CAGR of 2.8% to reach 56.2 million MT by 2027 in its latest GCC Food Industry report. The vegetables food category is expected to surpass the growth rates of the meat and cereals categories in the coming years.   

Released on Tuesday, November 28^th, the report provides a comprehensive overview of the GCC food sector and outlines the sector’s recent trends, growth drivers and challenges. It also profiles some of the renowned food companies in the region.