#outlook

UAE payments industry set to hit $27.3bn by 2028: report

UAE payments industry set to hit $27.3bn by 2028: report

The UAE’s payments sector is undergoing a rapid transformation, spurred by government initiatives, fintech innovations, and a shift from cash to digital transactions

Global trade continues recovery in q3 2024 image for illustrative purposes Photo-courtesy-WAM

Global goods trade continues recovery in Q3 2024: WTO

Quarter-on-quarter trade growth averaged 0.7 per cent over the last two quarters, which translates to an annualised rate of 2.7 per cent

CBUAE adjusts inflation forecast for 2024, outlook remains positive

UAE central bank adjusts inflation forecast for 2024

In April, food and beverage inflation declined to 2.3 per cent, down from an average of 3.3 per cent seen in the first quarter

GCC consulting market set to cross $6bn this year

GCC consulting market set to cross $6bn this year, shows report

The GCC consulting market witnessed a robust 13.2 per cent growth in 2023, surpassing the $5bn mark for the first time

Brent oil price forecast Bloomberg GettyImages-1384536093

Brent oil price likely to be above $80 a barrel by year end, shows Bloomberg survey

The Bloomberg Intelligence survey found that despite notable geopolitical tensions, 92 per cent of respondents believe there is currently a geopolitical risk premium of less than $5 per barrel attached to oil prices

GLobal goods trade barometer results q2 2023 Getty images

Global goods trade rises, backed by strong auto demand: WTO

Global import demand remained weak during Q2 2023, weighed down by sluggish economic growth in leading economies including the European Union and China

Microsoft networking issues take down Outlook and Teams

Customers reported difficulties across multiple regions in accessing Microsoft 365 services, including email and videoconferencing tools

Oil prices

Oil edges higher after two-day slump as demand outlook sours

A surge in Covid-19 cases in China has clouded the near-term demand outlook

Ben Crompton is the managing partner of Crompton Partners

The outlook for Abu Dhabi’s real estate sector in 2023

Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors