Weaker oil and COVID-19 lockdowns squeeze economic activity and push down 2020 forecasts
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Most Gulf Cooperation Council IPO aspirations in doubt due to COVID-19 impact, says GlobalData
After Saudi Aramco’s initial public offering, other countries in the GCC have expressed the possibility of an IPO
Posted inDRILLING & PRODUCTION
ICAEW: COVID-19 pandemic brings Middle East economies to temporary standstill
The Middle East economy will see a sharp slowdown in the first half of 2020, picking up later in the year
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Posted inDRILLING & PRODUCTION
ICAEW: Oil price drop prompts sharp spending cuts in Saudi Arabia
The ICAEW has slashed its 2020 growth forecast for Saudi’s non-oil sector
Posted inProducts & Services
Crescent Petroleum partners with SAP for digital transformation
Digital transformation with SAP provides real-time operational insights, integrated asset management, and upskills talent
Posted inDRILLING & PRODUCTION
China loses its appetite: The impact of coronavirus
The novel coronavirus has restrained China’s voracious hunger for oil, leaving Middle East producers with too much on their plate
Posted inProducts & Services
Q&A: Alderley CEO on its fresh start
Colin Elcoate, CEO of Alderley since August 2019, comments on the future for the engineering solutions company in a changing market and in the era of climate change
Posted inProducts & Services
CEOs turn to efficiency and upskilling to counter uncertainty: PwC report
66% of Middle East CEOs are confident about their company’s revenue growth in the next year, with 74% more confident about the next three years
Posted inDRILLING & PRODUCTION
$2.5 trillion financing gap to ensure SDG roll out in developing countries
Goals won’t be met in the GCC unless governments and private enterprise coordinate and accelerate their efforts
Posted inProducts & Services
The digital revolution requires a skills revolution: PwC Middle East survey
75% of people in the GCC seem to think robots will steal their jobs, but those being upskilled are least worried