In the last week, bullion attempted to recover, briefly reaching $1,983, but quickly reversed course and retreated heading into the weekend
The Business Year (TBY), a global media group that has been providing investors, businesses, and governments with first-hand insights into the world's most dynamic markets for over a decade, has launched two new research projects in the UAE, which will eventually culminate in two special digital reports, Dubai Resilience & Growth and Abu Dhabi Resilience & Growth. The research is being carried out in partnership with the UAE Ministry of Economy, Abu Dhabi Department of Economic Development and Dubai Chamber and at a time when the country has faced the twin threats of Covid-19 and volatile oil prices.
Both Dubai and Abu Dhabi have shown remarkable resilience in the face of Covid-19 and the resultant economic downturn, with their governments launching business stimulus packages and working to reduce the cost of living.
And while the national economy remains dominated by hydrocarbons, efforts over recent years to diversify and develop a meaningful knowledge economy have been strenuously tested, with businesses successfully adapting to digital sales and service provision. With the end now in sight, sustainability initiatives are top of the agenda as much of the world looks to a green recovery.
Such a momentous change in the market and economy also provides new avenues for growth. It is in this context that the TBY team, Led by UAE managing director Neslihan Aydagül, is sitting down with key players in critical sectors - education, health, investment, logistics, oil and gas, and transformative technologies and digitalisation - to learn how various companies and sectors have worked to remain resilient in these challenging times. Work on both special reports is also being accompanied by a series of digital events, which have become a key platform for TBY over recent months.
The report, set to be launched in 2021, is also supported by strategic partners Parsons, as well as Total, Dragon Oil, and Al Masaood Oil & Gas.
It will be available on key business information platforms, including Bloomberg Terminal, Refinitiv Eikon, Dow Jones Factiva, and FactSet.
It will also be available at www.thebusinessyear.com, as well as on the PressReader and Google Books platforms.
Â
In the last week, bullion attempted to recover, briefly reaching $1,983, but quickly reversed course and retreated heading into the weekend
Forex traders said the Indian rupee opened weak on the rise in oil prices and the dollar index
AC Milan's Swedish forward revealed his decision to quit the game during an on-pitch ceremony following the club's 3-1 win over Verona
His departure from Qatar-owned Paris-Saint Germain was confirmed on Saturday and he was jeered by a section of the club's fans in his final appearance, a 3-2 defeat by Clermont
The horrific collision and derailment, involving two passenger trains and a goods train, claimed the lives of 275 passengers and left over 1,000 injured
The sea will be slight in the Arabian Gulf and in Oman Sea
He hopes that this will raise awareness about the disease and help other doctors recognise its signs
After working for four years as a taxi driver, Saleem Ahmed Khan joined a limo firm before starting his own driver fleet company