Friday 29 March 2024
 
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BRIC

Energy market ‘shifting from scarcity to abundance’

The world is witnessing a shift in the energy market, driven by geopolitics and oilfield discoveries, from a time of great demand and scarcity to one of abundance in supply and weaker demand, said a global industry expert. Referri

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BRIC markets bring more capital inflow into UAE

Brazil, China, India and Russia (BRIC countries) are bringing bigger capital inflow into the UAE, surpassing inflows from the Mena region, according to a leading investment firms in the region. Hamed Mokhtar, managing director at

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BRICs still lag in cloud computing scorecard

Brazil, Russia, India and China still lag far behind developed countries in policies considered critical for the future of cloud computing, but each made some progress over the past year, a US industry group said on Thursday. The

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Etihad to launch direct flights to Brazil

Etihad Airways, the national carrier of the UAE, has unveiled plans to launch daily flights to Sao Paulo, Brazil, the airline’s first South American destination, in June 2013. The service will be the first direct air link between Abu Dhabi

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Incremental innovation 'key to competitiveness'

Companies have grown their portfolio of products in order to exploit the market potential of their current customers, reflecting the fact that incremental innovation has become a main competitive tool, said a study by Ernst & Young. De

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BRIC warns Doha trade talk could collapse

Trade ministers of the five BRIC nations (Brazil, Russia, India, China and new member South Africa) warned on Wednesday that global trade talks were at risk of collapsing but that they were willing to resume negotiations based on 2008 agreements.

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‘Bright future’ for fund management in Bahrain

The Gulf’s trillion dollar market provides outstanding and compelling opportunities for the fund management industry and Bahrain’s strengths make it the perfect gateway to access them, said an expert. Shaikh Mohammed bin Essa Al Khalifa, c

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BRIC plans move against unilateral sanctions

The BRIC nations want the United Nations to rebuke countries that resort to unilateral sanctions not approved by the UN Security Council, Brazilian Foreign Minister Celso Amorim said. A resolution on that theme, if approved by the UN Gener

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Affordable broadband 'can transform world'

Huge disparities exist globally in the take up and affordability of broadband, according to statistics compiled by the International Telecommunication Union (ITU). With high-speed networks set to transform our world, governments need to pu

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Investors must 'focus on Bric countries'

Investors must adjust their asset allocation and investment strategies in line with global trends, including a renewed focus on opportunities in emerging markets, particularly Brazil, Russia, India and China (BRIC) countries, said a banking expert

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