Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Beth

ICT spending in Saudi Arabia will reach US$46.6bn by 2023

ICT spending in Saudi Arabia is set to grow at a compound annual growth rate (CAGR) of 9.2% between 2019 and 2024, to reach US$46.6bn, says GlobalData, a leading data and analytics company. The growth in ICT spending will be primarily driven by increased spending by enterprises in client computing and cloud computing technologies during the […]
Read more

Car companies will be cautious in restarting operations in China

Following the news that Honda and Nissan have resumed limited manufacturing operations following coronavirus shutdowns at factories in Hubei province, China; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “The resumption of even limited manufacturing operations at Honda and Nissan factories in Hubei province is a welcome development, […]
Read more

US shale supply badly hit by price war and forced to become more resilient

Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia, Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “There is no doubt the outlook is now quite difficult for indebted shale operators and although it is too early to say with accuracy which companies will be driven out of the game or into bankruptcy, the count will likely be more than […]
Read more

Denver-Julesburg Basin to grow production by 10% in 2020

The average production for the Denver-Julesburg (DJ) Basin in 2020 is forecasted to hit 1.1 million barrel oil equivalent per day (mmboed) compared to an average of 0.997mmboed in 2019, according to leading data and analytics company GlobalData. Steven Ho, Oil and Gas Analyst at GlobalData, comments: “Occidental Petroleum (Oxy) and PDC Energy will dominate the majority of the production in the DJ Basin with a combined estimate of 535mmboed, which approximates to 49% of the basin’s total production. The majority of this production growth […]
Read more

Saudi Oil price war unlikely to have quick end

Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply, Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “The Saudis’ apparent price war is a risky strategy that may take months to play out. In reality, the brunt of the previous OPEC+ production cuts were borne by OPEC members […]
Read more

ICT spending in Kuwait will reach US$10.1bn by 2024

ICT spending in Kuwait is estimated to grow at a compound annual growth rate (CAGR) of 10.2% between 2019 and 2024, reaching US$10.1bn by 2024. Growth will be driven by the increasing adoption of advanced technologies including artificial intelligence (AI), big data, cloud computing and Internet of Things (IoT), according to GlobalData, a leading data and analytics company. Anshuma Singh, Technology Analyst at GlobalData, comments: “Kuwait Government’s continued emphasis on the digital transformation of both public […]
Read more

ICT spending in Qatar will reach US$9bn in 2024

ICT spending in Qatar is set to grow at a compound annual growth rate (CAGR) of 9.2% during the period 2019-2024, to reach US$9bn by 2024. Growth will be moved forward by the development of large-scale, infrastructure-driven and government-led projects in the transportation, energy and construction sectors, says GlobalData, a leading data and analytics company. GlobalData predicts […]
Read more

ICT spending in Oman will reach US$5.6bn in 2024

ICT spending in Oman is estimated to grow at a compound annual growth rate (CAGR) of 11.3% from around US$3.2bn in 2019 to US$5.6bn in 2024. Growth will be driven by e-governance and related supporting framework policies, as well as a rise in e-commerce and on-going developments in cloud services, says GlobalData, a leading data […]
Read more

Dorsey’s deal a test of Twitter’s character

A deal between Twitter CEO Jack Dorsey and rebel investment firms Silver Lake and Elliot Management has saved Dorsey’s position at the company. It follows Dorsey’s decision to reconsider plans to move temporarily to Africa to explore investment opportunities. Oliver Lockett, Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, […]
Read more

Sustainability drive means EU must act on ghost planes

Following EU Commission President Ursula van der Leyen’s statement that the EC is looking to introduce temporary measures to curb the use of ghost planes; Nick Wyatt, Head of R&A and Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “Given ambitious carbon emissions targets, it is […]
Read more
1 … 67 68 69 70 71 … 93