Risks in financial markets are increasing, and investors had a snapshot of what sort of market reaction could come if Russia invades Ukraine, says an industry expert, highlighting the US warn of an attack which sent oil prices 5% higher.
Enterprise technology has an outsized role to play in helping companies meet their carbon reduction goals, according to Bain & Company.
ICT plays a critical role in the sustainability drive, particularly in accelerating the transition to cleaner power, supporting zero-emission vehicles, and scientific innovation, says Jason Cao, CEO, Huawei Bahrain
About 82% of CEOs in the Middle East expect worldwide growth to improve this year and 64% are extremely or very confident about their revenue growth prospects, said professional services firm PwC in a new report.
Rising oil prices are boosting economic growth throughout the oil producing economies of the Mena region, with predictions that GDP will largely return to pre-pandemic levels in 2022.
The human and economic cost of air pollution and degraded seas and coastlines is immense, estimated to be more than 3% of GDP in some countries of the Mena region, according to a new World Bank report.
Evolving customer expectations, innovative technologies and economic uncertainty mean constant change is a fact of life. Here are five proactive steps businesses can consider to grow and thrive in 2022:
Significant balance sheet deterioration has been a factor in the downgrades of hydrocarbon-exporting sovereigns since 2015 and these are unlikely to return to pre-2015 levels, absent changes in rating factors other than oil prices, said a ratings agency.
Financials, Technology and Energy are the favoured investment options for this year, according to a survey conducted as part of a webinar hosted by The Continental Group, a leading insurance intermediary and financial services provider in the GCC region.
Oil prices will continue to stay elevated as Opec+ members are struggling to raise production.
