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Global semiconductor revenue to ‘grow 14pc to $717bn’ in 2025

Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner. In 2024, the market is forecast to grow 19% and reach $630 billion.   Following

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Fitch maintains its oil and gas price assumptions

Fitch Ratings has maintained most of its oil and gas price assumptions, reflecting broadly unchanged market fundamentals.   Fitch’s base-case oil price assumptions have not changed. While Brent crude oil pr

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OPPO forecasts surge in next-gen AI smartphone sales

OPPO, a global leader in smartphone innovation, has forecast a significant surge in next-gen AI smartphone sales.   In its "Oppo AI Smartphone White Paper," OPPO delves into the drivers and characterist

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Global banking and investment IT spend to ‘hit $652bn in 2023’

Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to technological research and consulting firm Gartner. Spending on software will see the largest growth

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UAE gold forecast to grow by 3.7pc annually through 2030

The UAE’s precious metals market, including gold, jewellery, gold bars and silver, which was valued at AED8.52 billion in 2020, is expected to reach a value of AED13.21 billion ($3.6 billion) by the end of the decade. This projected incr

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UAE gold forecast to grow by 3.7pc annually through 2030

The UAE’s precious metals market, including gold, jewellery, gold bars and silver, which was valued at AED8.52 billion in 2020, is expected to reach a value of AED13.21 billion ($3.6 billion) by the end of the decade. This projected incr

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MUFG tactically cautious but structurally bullish on oil in 2023

MUFG Global Markets Research has forecast Brent breaking north of $100/barrel again by the summer and averaging $101/barrel this year.   “We are tactically cautious but structurally bullish on oil in 2023 a

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Brent to average $101/b in 2023: MUFG

MUFG Global Markets Research has forecast Brent breaking north of $100/barrel again by the summer and averaging $101/barrel this year.   “We are tactically cautious but structurally bullish on oil in 2023 a

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Mena end-user spending on security and risk to grow 11.2pc

End-user spending on security and risk management in the Middle East and North Africa (Mena) region is forecast to hit $2.6 billion in 2022, an increase of 11.2% from 2021, according to Gartner, a leading a technological research and consultin

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Global air cargo traffic will double in 20 years: Boeing

Air cargo operators will need more than 2,600 freighters over the next two decades to keep up with increasing global freight traffic, which is expected to double with 4.2 per cent growth annually, said a new report from Boeing. Th

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