Wednesday 26 January 2022
 
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Oil still dominating Mideast economies: ICAEW

Oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E

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Oil still dominating Mideast economies: ICAEW

Oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E

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Illegal cigarettes cost $210m in lost taxes in GCC

Illicit trade of cigarettes in the GCC has tripled in the first half of 2018 rising to 5.3 per cent of total sales compared to last year, equivalent to approximately $210 million in lost taxes, a report said. Philip Morris Interna

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Trump could cost US economy $1trn – firm

The US economy could be $1 trillion smaller than otherwise expected in 2021 if Republican candidate Donald Trump wins the presidential election in November, economics research firm Oxford Economics said on Tuesday. While the firm

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Better HR 'can help employ more Saudis in private sector'

Saudi Arabia's private sector will need to employ 2.5 million more Saudis than are currently employed in the sector to accomplish the employment goals of the kingdom's Vision 2030, a report said. Saudi Arabia’s Visio

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Dubai targets $43.5bn in industrial output

Dubai aims to elevate the emirate into a hub for knowledge-based, sustainable and innovation-focused businesses and also to generate Dh160 billion ($43.5 billion) in its industrial sector by 2030, according to a new report. The Du

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UAE-UK work towards new $35bn annual trade

The UAE-UK Business Council has begun working towards an 'ambitious' new goal of £25 billion ($35.3 billion) annual trade by 2020, according to David Cameron the British prime minister.   The global

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‘Own business’ ideal job for 41pc Qataris

More than 1 in 4 Qataris (41 per cent) ranked ‘running my own business’ as their ideal job role, according to a new report. Similar views of entrepreneurism as an ideal job role were reflected in Saudi Arabia (37 per c

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Oxford Business Group launches Global Platform

Oxford Business Group (OBG), a global publishing, research and consultancy firm, has added digital video to its portfolio of research tools with the launch of a ground-breaking online broadcasting service. With over two thirds of

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Low oil window for oil sector to develop talent

The current period of low oil prices could be an opportunity for GCC-based oil and gas companies to invest in and diversify talent, according to a new report. Given the current glut in oil markets across the wider GCC, many oil &a

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