Tech Markets

Middle East’s digital economy set to touch $780bn in 2030

Arnold Pinto 03/09/2023 0

Software, internet, and data centres standout sectors The latest information technology report issued by UBS – the largest global wealth manager – has identified the Middle East as the next significant digital frontier market in global tech. The UBS AG Singapore branch and UBS

Markets Business

Arab nations urged to align their economies on global trends

Arnold Pinto 02/09/2023 0

Ministers of economy meet at Arab League HQ in Cairo The UAE has called for reformulating Arab economies policies and programmes to align with global trends. This was the message of Abdullah bin Touq Al Marri, UAE Minister of Economy when he addressed the 112th session of the Economic and Social Council of the Arab […]

Automotive Markets

A US customer buys the five millionth Jeep Wrangler SUV

Arnold Pinto 01/09/2023 0

Landmark achievement coincides with 2024 Jeep Wrangler launch In the United States, a retail customer in Camden, New Jersey, has purchased the five millionth Jeep Wrangler, a 2023 Jeep Wrangler Rubicon 4xe 20th anniversary edition in Earl exterior paint. Announcing the record-breaking sale on August 31, 2023, the Jeep automotive brand stated that the new owner […]

Business Markets

Forex.com forecasts a positive economic outlook for the GCC region in the second half of 2023

Arnold Pinto 28/08/2023 0

The six GCC countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE – are exhibiting a positive economic outlook for the second half of 2023 (H2 2023) thanks to several factors, including oil prices, according to new research conducted by Forex.com. Based in New Jersey, Forex.com is part of New York-based financial services […]

Markets Business

More power to the Global South as 5 MEA countries will join the BRICS bloc

Arnold Pinto 26/08/2023 0

A record five Middle East and Africa (MEA) countries will formally join BRICS – the bloc of five major emerging economies – from January 1, 2024. The five MEA nations are Iran, Saudi Arabia, Egypt, Ethiopia, and the United Arab Emirates (UAE). BRICS currently comprises Brazil, Russia, India, China, and South Africa. South Africa joined the group in 2010, […]

Markets

World to have 1.5 billion inbound roaming connections in 2024

Arnold Pinto 16/08/2023 0

Juniper Research predicts there will be more than 1.5 billion inbound roaming connections globally in 2024, which are expected to rise to 2.4 billion by 2028.  In its newly released global report, ‘Roaming Intelligence Centre’: Global Wholesale Roaming Market 2023-2028’, the UK-based specialist in identifying and appraising new high-growth market sectors within