The exclusion of selected Russian banks from the SWIFT would create obstacles but not an absolute stop to commodity trades with Russia, said MUFG Bank, a member of global financial group MUFG, in its latest Commodities Flash.
Brent prices will need to average $60 to $80/bbl to keep the global oil market in balance out to 2027, says a BofA Global Research report.
With inflation running at multi-decade highs, major central banks get ready to tighten monetary policy. Franklin Templeton Fixed Income Chief Investment Officer Sonal Desai argues they are well behind the curve.
Both India and UAE are at a historic inflection point - The Asian economic giant is celebrating the 75th anniversary of its independence with renewed vigour, while the emirates marks Year of the 50th laying out its vision for growth in next 5 decades.
Risks in financial markets are increasing, and investors had a snapshot of what sort of market reaction could come if Russia invades Ukraine, says an industry expert, highlighting the US warn of an attack which sent oil prices 5% higher.
Enterprise technology has an outsized role to play in helping companies meet their carbon reduction goals, according to Bain & Company.
ICT plays a critical role in the sustainability drive, particularly in accelerating the transition to cleaner power, supporting zero-emission vehicles, and scientific innovation, says Jason Cao, CEO, Huawei Bahrain
About 82% of CEOs in the Middle East expect worldwide growth to improve this year and 64% are extremely or very confident about their revenue growth prospects, said professional services firm PwC in a new report.
Rising oil prices are boosting economic growth throughout the oil producing economies of the Mena region, with predictions that GDP will largely return to pre-pandemic levels in 2022.
The human and economic cost of air pollution and degraded seas and coastlines is immense, estimated to be more than 3% of GDP in some countries of the Mena region, according to a new World Bank report.
