logo

News related to
growth

Chinese companies have borrowed more money from the international bond market than from domestic investors so far this year, breaking with tradition as authorities in Beijing focus on curbing capital outflows. Banks and other corporate borrowers have been quietly encouraged to raise money offshore in other currencies, limiting the need for Chinese companies to sell renminbi to finance overseas investments. Borrowing more outside the mainland also allows […]

Cairo, Egypt 27 February 2017 An academic study today revealed that Uber provides Egyptians with new economic opportunities against the current and anticipated economic challenges, especially the rising unemployment of the youth and the educated. The study, entitled A Glimpse into the Sharing Economy: An Analysis of Uber Driver-Partners in Egypt, by Dr. Nagla Rizk, professor of economics & founding director of the Access to Knowledge for Development […]

Qatar’s January trade surplus increased by 62.2 percent from a year earlier, according to data released by the country’s Ministry of Development, Planning and Statistics. The country’s surplus rose to AED10.9 billion ($3 billion) in January from QR10.7 billion in December and up from QR6.7 billion in January 2016. Qatar’s December trade surplus, which increased 21.7 percent from a year earlier, was its only monthly rise in […]

The UAE is one of the world’s leading food and beverage markets, worth Dh52.4 billion in 2015, according to global market research group Euromonitor. Dubai alone has about 7,500 places to eat, from street cafes and fast-food outlets to fine-dining and high-end restaurants established by big-name chefs. Many will showcase their best dishes during Dubai Restaurant Week, which ends on Saturday. Click here for our guide. Jean-Luc […]

Gold’s almost 10 per cent advance this year will be in jeopardy should US president Donald Trump’s key address to Congress on Tuesday reignite the dollar rally and prospect for higher interest rates. The yellow metal has been one of the chief beneficiaries of the cooling this year of the so-called “Trumpflation” trade, which sent the dollar to a 13-year high in early January and helped buoy […]

Narrowband Internet of Things (NB-IoT) and 5G are Huawei’s biggest opportunities for growth in Australia, according to the Chinese network technology giant, which is pushing into the IoT space via research programs and project partnerships. Speaking at Mobile World Congress (MWC) in Barcelona on Monday, Huawei Australia chair John Lord said providing NB-IoT solutions for such businesses as the agricultural sector, wineries, cattle stations, and energy utilities […]

The number of mobile phone users globally will top 5 bn by the middle of this year, according to a study The number of mobile phone users globally will surpass five billion by the middle of this year, according to a study released Monday by GSMA, the association of mobile operators. With populations in Asia, and notably India, on the rise, the number, which stood at 4.8 […]

Advertisements

Saudi Arabia may increase its domestic gasoline prices by 30 percent from July, industry sources said, part of a reform plan by the world’s top oil exporter to align its fuel prices with global benchmark levels. In December 2015 the kingdom raised the price of 95 octane gasoline to 0.90 riyal ($0.24) per litre from 0.60 riyal. However, that still kept Saudi Arabia among the countries with […]

It was less than a year ago that the International Consortium of Investigative Journalists and more than 100 other media partners began publishing the largest investigation in journalism history: The Panama Papers. Even here at ICIJ – where we’ve grown accustomed to our work sparking major impacts – we were surprised by the reaction. Citizens hit the streets in protest. Governments and corporations around the world opened […]

27 February 2017 Dubai, UAE: The global food industry needs to make fundamental shifts in its operations to advance food safety worldwide, the Global Halal Industry Platform held in Dubai today has heard. The Platform, organised by the Emirates Authority for Standardisation and Meteorogy (ESMA) and part of the educational programme of Gulfood, the world’s largest annual food event running at Dubai World Trade Centre (DWTC) until […]

On Tuesday evening, Donald Trump will head to Capitol Hill to deliver an address to both houses of Congress. Such speeches have provided the US president’s predecessors with the opportunity to convey three main messages: their assessment of the country’s overall situation, the domestic legislative programme they hope Congress will pass in coming months and the main areas of global focus — all this in the context […]

Submitted by Alex Gorka via The Strategic Culture Foundation, The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize […]

By Eric Auchard | BARCELONA BARCELONA Nokia (NOKIA.HE) sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company’s chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. Speaking at a news conference ahead of the Mobile World Congress in Barcelona, Suri also predicted a new wave of industry consolidation among telecom […]

Here are the big questions for investors and markets this week. Will investors like what they hear from President Trump? Mr Trump will address a joint session of Congress on Tuesday (it’s not officially a State of the Union) and with US equities in record territory, investors are very much focused on tax reform and other fiscal measures. Here’s where the Trump trade — based on the […]

o Food consumption in the GCC to expand at a 4.2 per cent from 48.1 million MT in 2016 to 59.2 million MT in 2021 o Consumers spending Dh250 worth of Prestige cookware/kitchenware products is guaranteed of winning something back! 26 February 2017o Food import bill is expected to have crossed US29.17 billion in 2016 o UAE’s packaged food import bill reached US$4.3 billion in […]

BARCELONA, Spain Blackberry Ltd (BB.TO) may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication (TCCLF.PK) has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The KEYone combines a touch display with a physical keyboard to give users more useable space for typing than a typical 5.5-inch all-touch […]

In a small office on Rue du Faubourg Saint-Honoré, the same Paris street as the Élysée Palace, the secretive “ideas and images” online unit of France’s far-right National Front was planning its next attack. As the battle for the presidency hotted up, signs that Emmanuel Macron, the centrist presidential contender, was polling strongly raised the possibility that he would make the second round vote to face FN […]

Corporate speeches usually avoid talk of a “difficult and dark” past. But this month Mark Cutifani, head of Anglo American, defended the South African mining industry’s record on opening up ownership to the country’s black majority. With the government planning to shore up black participation in mining, the next few months are the most critical in the sector’s 150-year history, Mr Cutifani said. Many “still don’t understand” […]

Twitter has reported a 30 percent boost in advertising revenue in Brazil last year helped by digital marketing interest around the Olympic Games and rising smartphone uptake locally. Despite posting its slowest quarterly revenue growth since it went public four years ago, things for Twitter in Brazil – one of the firm’s top five markets – are looking up. The number of monthly active users in Brazil […]

Akamai has published its Q4 2016 State of the Internet/Security report As always, an interesting read and an opportunity to look at trends in attacks. Not all trends are up and to the right. As the report states, Q4 2016 was “the third consecutive quarter where we noticed a decrease in the number of attack triggers”. Still, “the overall 2016 attack count was up 4% as compared […]

February 25, 2017 by: Arash Massoudi and Javier Espinoza Bain Capital has made a €3.6bn offer to buy Stada, as the bidding war between private equity firms for the German maker of generic versions of drugs such as Viagra nears its climax. The offer from the US-based buyout group values shares in Stada at €58 a share and comes two days after its rival Advent International also […]

Saudi Arabia’s economy is forecast to continue slowing this year, dragged down by negative growth in the oil sector, according to Jadwa Investment. Its latest report said growth in the oil sector will turn negative due to the kingdom’s compliance with OPEC production cuts, while non-oil sector growth should rebound but “remain subdued” during 2017. Jadwa forecast that growth in the non-oil private sector will accelerate from […]

The five largest banks in the UAE are forecast to see profitability remaining “solid” over the next 12-18 months, according to ratings agency Moody’s. In the fourth quarter of 2016, Emirates NBD, National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, First Gulf Bank and Dubai Islamic Bank posted solid profitability, said Moody’s Investors Service in a report. “We expect the five large United Arab Emirates banks’ […]

SoFi, the biggest and the brashest of a new breed of online lenders in the US, has sealed a $500m funding round, giving it firepower to push into new products and markets including Canada and Australia. The private San Francisco-based company last received a big shot of funds — its fifth — in September 2015, when SoftBank of Japan led a $1bn round, the biggest in the […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
US forces conduct undisclosed strikes on Qeshm Island // Wildlife board nominations draw ire // UAE outlines Dh200 billion energy investment at ADIPEC // Kerala to move SC over Mullaperiyar safety // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation // Varsity jobs face quota questions // ChatGPT billing fraud deploys rotating sites for card theft // Allianz Insurance Singapore Wins Best Annual Travel Insurance Award at TripZilla Excellence Awards 2026 // Wired earphones regain buyers as 2016 nostalgia spreads // Vigilance collects Divya deals files // ONYX Hospitality Group Expands Strategic Partnerships through ONYX Rewards // XTransfer and Bank of China (Hong Kong) Announce Partnership at Hong Kong FinTech Week // CPI, CPM dispute portrayal of Vayalar uprising leaders // Cliff House pool contract awarded over phone // Row over SARAL law bypassing local bodies // Altman ranks UAE ahead on artificial intelligence adoption // Probe ordered into new bar licences // Apollo broadens Abu Dhabi partnership through Mubadala Capital stake // RTI exposes telephone directive behind Cliff House contract // 16 probes already in six months of VDS govt //