The oil and gas drilling services industry is under acute pressure due to low crude oil prices, sluggish demand, and an excess supply of rigs. Drillers are facing contracting backlogs, difficulty locking in new contracts, and declining utilization and day rates.
Dubai hotel industry is gearing to meet the potential demand expected in Dubai through 2020. It is expected to service ~20 million tourists in 2020, on the back of i) Dubai’s Expo 2020, ii) a host of upcoming tourist attractions, and iii) a steady economic growth despite the oil price slump.
FinTech is a buzzword that has been constantly making the right noise in technology, investments and start-up circles since last two decades. Investors across the globe are following it close on their heels.
The client expectation (i.e. perceived value or standard baseline or benchmark expectation) is like an inflation that will always increase year on year. And, it is important to meet these accelerating expectations to keep clients satisfied.
Saudi Basic Industries Corporation’s (SABIC) wide product portfolio, economies of scale and diversified geographical mix to help steer performance through the challenging markets. Slow demand recovery, increased feedstock cost and lower product prices would lower FY 2016 earnings.
