Michael Armstrong is the FCA and ICAEW regional director for the Middle East. (Image source: ICAEW)
Middle East?s regional GDP will grow by 2.4% this year, a similar rate to the region?s average growth trajectory in the last decade, and an improvement from the 4.4% it shrank by in 2020, according to the Economic Insight report for the Middle East, compiled by Oxford Economics
Rockwell Automation and Schlumberger launched Sensia in 2019 that helps oil and gas leaders to meet these priorities and bring the idea of the connected enterprise to life. (Image source: Rockwell Automation/Shutterstock)
Mike Corrieri, sales manager ? EMEA ? heavy industries, Rockwell Automation, has highlighted how connected operations can deliver massive efficiency gains for oil and gas businesses that operate in a volatile environment with profit margins under continual pressure
The pandemic is expected to continue to be a drag on economic growth among oil importing economies. (Image source: Adobe stock)
Economic activity in the Middle East and North Africa is forecast to advance by 2.4% this year and 3.5% next year, the World Bank says in its June 2021 Global Economic Prospects
Dubai?s export values jumped 8% in 2020, on an annual basis. (Image source: Adobe Stock)
Global trade will rebound in 2021 after showing surprising resilience in 2020 despite the economic challenges posed by the pandemic, according to DMCC?s latest special edition Future of Trade 2021 report
Many companies in the sector are recognising the need to reinvent operations, invest in more sustainable business models and focus on renewable sources of energy. (Image source: Rockwell Automation/Shutterstock)
Sebastien Grau, regional vice-president Middle East, Turkey and Africa, Rockwell Automation, has highlighted how oil and gas leaders can use digital transformation to support sustainability objectives, as well as the pivotal point in defining the oil and gas industry?s role in today?s ? and tomorrow?s ? economy
