Friday 28 July 2017
 
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pressure

Abu Dhabi's residential market 'under pressure'

Issues of oversupply and ongoing economic uncertainty continue to put pressure on Abu Dhabi’s residential real estate market, according to leading international property company Chestertons Middle East and North Africa (Mena).

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Arab states to step up pressure on Qatar over 2013 accord

The Saudi-led coalition comprising Bahrain, UAE and Egypt are seeking to pile more pressure on Qatar over charges it backs terrorism, saying the publication of a previously secret accord between Riyadh and Doha showed Qatar broke a promise not t

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Dubai 'could lose international shopper's paradise' label

The UAE is becoming increasingly expensive for tourists and shoppers as the US dollar continues to appreciate, meaning Dubai could likely lose its coveted status as an 'international shopper's paradise' if the currency pressure persi

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Managed pressure drilling market to top $4.6bn

The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert. Growing energy dema

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Managed pressure drilling market to top $4.6bn

The global managed pressure drilling services market is likely to cross $4.6 billion over the next five years with a compound annual growth rate (CAGR) of 3.8 per cent during the period, according to an expert. Growing energy dema

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Air cargo firms under pressure from freight rate plunge

Following a sharp fall in freight prices air cargo companies are set to trim their fleets and jobs further to battle overcapacity while looking for new partnerships and products to carry, industry executives and analysts say. Glob

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Brexit Impact: UK under pressure for quick EU split

Britain was under pressure on Saturday to set out a quick timetable for a divorce from the European Union after the country's historic vote to leave the bloc sent shockwaves around the world. Global stock markets plunged on Fr

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Etihad rolls out partial employment freeze

UAE's Etihad Airways will not be hiring non-operational staff 'until the end of year', said a report citing the airline's president and CEO James Hogan. The hiring freeze, which was introduced in the first quarter,

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Saudi cement sector under pressure, sales down 6pc

The cement sector in Saudi Arabia continues to be under pressure as infrastructure investments decline due to low crude prices, lower fuel subsidy, inventory pile-up, and higher competition, said a report. The total cement sales i

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