Wednesday 26 November 2014

Opec – to cut or not to cut, that is the question

Will Opec go for a quick fix and worry about the future later or will it pass the challenge to US producers by allowing the price to remain low or go even lower? These are the questions that the market will be looking for answers to this Thursday. “Participants in the globa


Three ICT trends to watch in 2015

Pre-fabricated data centres, managing power to secure savings and the availability of trusted data are the three most important ICT trends making an impact in 2015, predicts an industry expert. The year 2015 is only a few weeks away and it promises to be yet another exciting and


Basel III presents long-term prospects for ME banks

Basel III regulations present an opportunity for Middle East banks and regulators to embrace new rules and improve the sector’s asset quality and risk-return profiles, a report said. Complying with Basel III regulations should encourage Middle East banks to take a more calc


Infrastructure growth key to Bahrain’s industrial sector

Infrastructure projects worth an estimated $22 billion, which are expected to be rolled out in Bahrain before 2020, will boost the kingdom’s industrial sector via improved transport links and massive facilities, a report said. However, falling oil revenue may impact funding


More efficient public investment a Mideast priority

Improving the efficiency of public infrastructure investment across many oil exporters in the Mena region and the Caucasus and Central Asia is now more important than ever, said a new International Monetary Fund (IMF) report. Developing strong institutions to manage public invest


Opec keeps oil markets guessing on output move

Oil analysts are putting down markers on the Organisation of the Petroleum Exporting Countries' (Opec) meeting on November 27, when members will consider whether to cut output to shore up prices. Opec members Iran and Venezuela have urged fellow crude producers to support oil


Cellphone trackers to feature altitude data

Cellphones long have doubled as tracking devices, capable of revealing your location to police, paramedics, even grocery stores looking to deliver coupons to nearby customers. But there’s a measurement cellphones once struggled to make: altitude. No more. Cel


The future of mobility

“Mobility brings freedom and progress,” said executive chairman William Clay Ford Jr. (Bill Ford) of Ford Motor Company, quoting his great-grandfather Henry Ford at the “Future of Mobility” event hosted by Dubai Chamber. The event was hosted in honour of B


Aluminium pricing may never be the same again

The splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the London Metal Exchange (LME) and the "all-in&qu


Lower gas prices ‘won't raise holiday spending’

Almost two thirds of adults won't spend more this holiday season despite lower gas and fuel costs, a report said, in a bad sign for retailers looking for an extra boost in gift buying from cheaper prices at the pump. The recent slide in gas prices and signs of economic improv

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