Global Finance

Camel racing with robot jockeys

Camel racing hits its stride as robot jockeys take the saddle

The sport is making a massive comeback in the UAE thanks to some new technology that’s proving to be big business PEOPLE have been racing...
World Bank Logo

Commodity prices likely to rise further in 2018: World Bank

Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Oil prices are forecast to rise to $56 a barrel...
Kwon Oh-joon

Kwon Oh-joon named VP of World Steel Association

Posco chief being lined up to lead steelmaking through potentially turbulent years ahead… By Darren Parkin KWON Oh-joon, CEO of South Korean steel manufacturer Posco, has...
Beirut bomb damage

The booming business of war and the slim spectre of hope

When American writer PJ O’Rourke spent the autumn of 1984 in Lebanon as the country’s civil war began to heat up, the hotel receptionist...

ICC and WTO announce second successful proposal under ‘Small Business Champions’...

ICC and the World Trade Organisation (WTO) announced today (17 October) that a proposal submitted by the Union of Chambers of Commerce of the...
Dubai

Majid Al Futtaim making tracks across MENA

UAE billionaire announces a raft of fresh investments to revitalise dozens of projects in the region… By Darren Parkin WHEN the Majid Al Futtaim Group –...
World Bank Logo

Europe and Central Asia Region Sees Stronger Growth, Amidst Rise in...

Warsaw, October 19, 2017 – Economic growth for the Europe and Central Asia region will reach 2.2% in 2017, according to the World Bank’s latest...
Bombardier C Series

Airbus strikes a deal with Bombardier

Just as the Canadian firm looked like it was being grounded by massive US tariffs, a European saviour with a long-term plan comes to...
Howard Hughes, standing in front of a plane

Howard Hughes, a man of mystery and millions

Business magnate, visionary, philanthropist, investor, adventurer, film-maker, inventor and all-round eccentric: the man who did everything differently ECCENTRICITY defined the life of business tycoon Howard...
Artificial Intelligence

Masayoshi Son: Great Business Visionary, or Deluded Dreamer?

He’s won, lost, then won a fortune again. Now he has amassed the gigantic ‘Vision Fund’ from which to spread investment around the world’s...