Daily Archives: October 3, 2022

Business & Investments

WCU: Tight supply battles recession risks across key commodities- Saxo Bank

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WCU: Tight supply battles recession risks across key commodities

By Ole S. Hansen     oktober 3, 2022

The commodity sector traded lower by around 7% in September with the weakness being driven by growth-dependent sectors, like energy and industrial metals, in response to a deteriorating outlook for global growth. This deterioration was led by China’s weakness, due to prolonged lockdowns, and Europe remaining embroiled in a historic energy crisis. Adding to this, we have witnessed a month of turmoil across financial markets driven by a surging dollar and traders sending bond yields sharply higher in anticipation of further rate hikes from central banks, led by the US Federal Reserve.

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Featured

EPA boosts interest in works of 30 Emirati publishers at Riyadh International Book Fair 2022

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EPA boosts interest in works of 30 Emirati publishers at Riyadh International Book Fair 2022

Emirates Publishers Association showcases strengths of Emirati publishing sector with 2,625 titles in a range of genres

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Real Estate

Danube Properties’ Dh525 million Opalz – its 3rd project in 2022 – sold out on the first day of launch due to strong demand

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Danube Properties’ Dh525 million Opalz – its 3rd project in 2022 – sold out on the first day of launch due to strong demand

End-users, brokers and investors snapped up the full inventory of Opalz in a few hours of the opening of sales campaign – as public trust and investor confidence continues to grow in Danube Properties that has also attracted investment from Indian celebrities who have bought homes from Danube Properties

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Business & Investments

Axis Communications New “body worn camera for everyone” brings the benefits of wearable cameras to even more industries

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Axis Communications New “body worn camera for everyone” brings the benefits of wearable cameras to even more industries

Dubai, United Arab Emirates, August 2022 – Axis Communications announces AXIS W101 Body Worn Camera. Calling the new wearable, “the body worn camera for everyone,” Axis Communications has designed a body worn camera that makes the advantages of body worn recording technology available to a wide array of new sectors and markets. AXIS W101 is available in two colors – white for discretion and black for when deterrence is a priority – making it compatible with more applications. The included mobile app for viewing and labeling in the field makes it ideal for anyone wanting fast, easy access to video.

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Business & Investments

Sub-Saharan Africa’s Automotive Aftermarket Poised for Decade of Growth, Says New Report

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Dubai, UAE:  Sub Sharan Africa’s automotive aftermarket is poised for 10 years of growth with more workshops and franchises, according to a new report which recommends industry players track emerging opportunities on the continent and move fast to seize first mover advantage.

The report, by German consultants africon GmbH, was commissioned by Messe Frankfurt Middle East organisers of Automechanika Dubai – the largest international trade show for the automotive aftermarket industry in the wider Middle East and Africa, which will run at the Dubai World Trade Centre from November 22-24 this year.

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