Saturday 12 July 2014
 
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Emerging economies

Emerging markets growth to drive ‘super-cycle’

As economies across Asia, Africa and Latin America transform themselves on the back of a growing population, an expanding middle class and rapid urbanisation, the share of emerging market economies could rise to 63 per cent of world GDP by 2030,

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Saudi’s age related spending 'set to escalate'

Saudi Arabia’s age related spending is much less than for advanced economies and even other emerging economies. Nevertheless, age related spending is expected to rise significantly, from 4.9 per cent in 2010 to 13.5 per cent

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Digitization in emerging markets – a $4.4trn potential

Doubling the digitization level in emerging economies could produce $4.4 trillion in additional nominal GDP and a staggering 64 million new jobs over the next 10 years, said a report. In order to catch up with mature economies the emerg

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UN green climate fund holds first talks

Leaders of a UN green fund meant to channel billions of dollars to help developing economies cope with climate change met for the first time on Thursday after months of delays. The 24-strong board began 3-day talks in Geneva, tryi

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Forum highlights growth of emerging economies

Standard Chartered recently hosted its annual forum in Dubai with focus on the accelerated growth of emerging economies. The 2011 event was held at Madinat Jumeirah and was attended by more than 500 of the Bank’s clients and senior managem

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StanChart forum on emerging economies

Standard Chartered will host its 2011 forum in Dubai on April 5, which will focus on the super cycle and its impact on local, regional and global financial markets. The forum entitled “The Super-Cycle: Emerging Economies Poised to Accelera

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Emerging economies 'eye gold reserves'

Major emerging economies are seeking to raise their central banks' gold reserve holdings as fears of a sharp depreciation in the US dollar mount, senior industry officials said. Investors have been piling into gold as a safe haven as the t

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UAE second in managerial spending capacity

Emerging economies, led by the UAE, top the list of countries with a high managerial spending capacity, according to the 2008 World Pay Report by Hay Group. The report placed UAE second worldwide in terms of managerial spending capacity. Q

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