Wednesday 21 November 2018

Global growth slowing amid rising trade risks: OECD

Global economic growth remains strong but has passed its recent peak and faces escalating risks including rising trade tensions and tightening financial conditions, according to the OECD’s latest Economic Outlook. Growth forecasts for next year have been revised down for mo


Libya can now play key role in world oil supply dynamics

Libya can play an important role in stabilising the oil price as its production has started to ramp up towards levels not seen since the revolution in 2011, a report said.   The Arab Petroleum Investments Corporation (Apicrop), the multilateral development bank


Majority in UAE willing to bank with tech firms: study

A large majority in the UAE are willing to get banking services from an established technology company, said global management consulting firm Bain & Company in its ninth annual customer loyalty in retail banking study. Traditional banks fail to keep up with direct banks and


Top 10 strategic technology trends for 2019

Global research and advisory firm Gartner has highlighted the top strategic technology trends that organizations need to explore in 2019 in its special report titled “Top 10 Strategic Technology Trends for 2019”. Gartner defines a strategic technology trend as one wit


Missing middle skills for Human-AI collaboration

As companies rapidly adopt Artificial Intelligence (AI) and related technologies, some job roles will be done exclusively by humans while others will be taken on by intelligent automation. But most emerging roles will be fulfilled by people and machines working together in the dy


Save for 7 years, become a millionaire

The average expat will spend just seven years in the Gulf. While this might not seem very long, with financial discipline, committed saving plans and smart investment products it is enough time to realise their dreams of becoming a millionaire, says a financial expert.  


GCC growth likely to reach 3pc in 2019: IMF

Real GDP growth is predicted to reach 2.7 per cent across the Middle East, North Africa, Afghanistan and Pakistan (Menap) region and 3 per cent in the GCC in 2019, according to International Monetary Fund (IMF) Fall 2018 Regional Economic Outlook (REO) report.  In the near t


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