Tuesday 20 February 2018
 
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UBS

Brightening outlook for GCC countries: UBS

The economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee

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Brightening outlook for GCC countries: UBS

The economic outlook in 2018 for the GCC countries is brightening despite oil prices, which have recovered since June, expected to trend sideways next year, said Swiss-based financial solutions company UBS. Further reforms are nee

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Egypt economy ‘could expand at 6pc per year’

The Egyptian economy can sustainably expand at an annual growth rate of 5 to 6 per cent, said an industry expert, noting that further reform progress is crucial and access to foreign funds is a key element in this process. “

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Saudi Arabia well-placed for MSCI upgrade: UBS

MSCI's potential inclusion of the MSCI Saudi Arabia Index in the MSCI Emerging Markets Index in 2019 would improve the attractiveness of its stock market which could account for up to 2.5 per cent of MSCI Emerging Market Index, said a report

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UBS in bid to mobilise private wealth for public good

UBS, a top asset manager and investment bank, recently presented a white paper titled Mobilizing private wealth for public good at the World Economic Forum (WEF) Annual Meeting 2017 in Davos, Switzerland. UBS believes that this is

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Top 10 investment ideas for 2017

Global growth is likely to accelerate moderately in 2017, with US growth improving and China continuing to slow, says UBS Wealth Management in a new report highlighting top 10 investment ideas for the coming year. Next year invest

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Mideast growth seen beyond oil and gas sector

The Middle East is well placed to diversify its economy away from oil and gas, with growth potential in numerous sectors such as solar power, tourism, finance, according to a new report by UBS, the world's largest global wealth manager.

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New fiscal measure to secure Saudi mid-term future

Current fiscal measures deployed by Saudi Arabia should help ensure a sustainable economic future for the country in the medium term, said an industry expert. The Kingdom has implemented several measures to protect fiscal balances

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Oil likely to recover to $55 in 12 months: report

Oil is likely to recover to $55 per barrel in 12 months, following gains in the latter half of 2016, according to a new report by UBS Wealth Management's chief Investment Office (CIO). However, weakness in the price of crude o

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Emerging markets likely to see 4.3pc growth in 2016

Growth in emerging markets during 2016 will remain subdued, but should improve to 4.3 per cent compared with 4.1 per cent this year, a report said, noting that they will be under pressure at a time of US interest rate hikes. Emerg

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