Monday 22 April 2019

Soft start for GCC IPOs, but expect rebound, says expert

The level of IPO activity in the GCC is expected to rebound compared to the levels seen in the first quarter as a number of companies in the region have indicated their intention to list in the next 12 to 18 months, said an industry expert. Steve Drake, PwC Middle East Capital Ma


Drones will soon become part of daily life, says expert

Drone technology is finding acceptance in various fields and will soon become a part of our daily lives, says an expert.    Drones not only help performers in shows or take photos, but also help with rescuing people and preventing crimes, explains Pavel Tat


GCC to see marginal economic growth in 2019: ICAEW

The GCC is expected to post economic growth of 2.3 per cent in 2019, a marginal improvement on the previous year of 0.3 percentage points, according to ICAEW’s latest Economic Insight report. The GCC economy will be weighed down by renewed Opec-plus oil production cuts and


Investors positioned for low growth, low rates: BofAML

Bank of America Merrill Lynch’s (BofAML) April Fund Managers Survey (FMS) has found that global growth expectations continue to rebound, with net 5 per cent of FMS investors expecting global growth to weaken over the next year, up 20ppt from last month. Two-thirds of FMS in


EMEA PC shipments fall 2.2pc in Q1: Gartner

PC shipments in EMEA totalled 18 million units in the first quarter of 2019, a 2.2 per cent decline year over year, said global research and advisory company Gartner. Enterprise shipments increased as many companies moved ahead with Windows 10 deployments. However, consumer PC de


Sweden is a leader in the energy transition: IEA

Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all International Energy Agency (IEA) member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy tr


Device shipments seen flat at 2.2bn units in 2019: Gartner

Worldwide shipments of devices — PCs, tablets and mobile phones — are on pace to reach 2.21 billion units in 2019, exhibiting flat growth year over year, said leading global research and advisory company Gartner. The PC market is expected to continue its downward tren


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