Wednesday 29 June 2016

EM retail market could top $17.8trn by 2030

Emerging market retail sales could grow by 4.4 percent per year to reach more than $17.8 trillion in 2030 compared to $9.2 trillion in 2015, according to a report which depicts four possible scenarios for retail in emerging markets. The new report from global management consultin


Blockchain tech key to regional digital economy

New and emerging blockchain technologies are integral to supporting a digital economy in the Middle East while ensuring protection against rapidly evolving threats of data security and cybercrime, a report said. The report, titled ‘Blockchain Technology – Can the Digi


Private wealth in Oman on track to hit $400bn

By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report by The Boston Consulting Group (BCG). In the next five years, the growth of private wealth in Oman will be driven primarily by equities (5.8 per cent), followed by cash and de


Do airlines have enough data to react to Brexit?

Nearly 40 per cent of airlines don’t have an effective cash-flow forecasting solution in place to respond properly to the turmoil posed by Brexit, according to recent research by Swiss-based Sapphire Innovation. Paul Smith Eldridge, general manager and president of Sapphire


GCC online ad spend set to top global average

Internet advertising spend in the GCC is poised to grow faster than the world average in the next five years and is set to register a growth of 25 per cent this year, according to a new market research report. Increased Internet penetration in the Arab World has led to a jump in


To leave or not to leave: Still the question

To leave, or not to leave: that is the question. Still. After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will. Prime Minister David Cameron, who is resigning, has said he


Air pollution fourth largest killer: IEA

Premature deaths from air pollution will continue to rise to 2040 unless changes are made to the way the world uses and produces energy, the International Energy Agency said on Monday. Around 6.5 million deaths globally are attributed each year to poor air quality inside and outs


Customer experience ‘top priority for telcos’

For more than two-thirds of telecommunications C-suite customer experience management is top strategic priority over the next three years, according to a new report from EY, a global leader in assurance, tax, transaction and advisory services. “A better customer experience


Cloud computing ‘more than just a tech shift'

While the term cloud has become increasingly familiar in the region, many of its business benefits can be overlooked due to the number of acronyms and options inbuilt around the service. Cloud computing delivers significant benefits in terms of tangible business metrics such as s


Post Brexit, UK torn between nationalism and global leadership

Political forecasters are smart about everything except the future. At 7.30 a.m. on the not-so-bright Brexit morning, the polling site Populus had 55 per cent of Britons planning to cast their ballots for continued union with Europe - 10 per cent more than those predicted to be q

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