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Global food import bill in 2024 set to hit over $2 trillion: FAO

Supplies of most of the world’s major food commodities are expected to be adequate in 2024/25, although extreme weather, rising geopolitical tensions, sudden policy changes and other factors could all potentially tip the delicate global

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Global food import bill in 2024 set to hit over $2 trillion: FAO

Supplies of most of the world’s major food commodities are expected to be adequate in 2024/25, although extreme weather, rising geopolitical tensions, sudden policy changes and other factors could all potentially tip the delicate global

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Russian lumber export prices plummet by about 50pc in Q3

Russian lumber export prices have plummeted by nearly 50% in US dollar terms from $310/cum in early 2022 to $163/cum in the third quarter (Q3) of 2023, primarily due to the European boycott, reduced Chinese demand, and Ruble depreciation again

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Obesity in developing countries linked to pricey healthy foods

Steep price gaps between healthy and unhealthy foods, coupled with the unavailability of a variety of healthy foods, are driving rising obesity rates in both urban and rural areas of developing countries.   

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EMEA becomes the most affordable region: Julius Baer

Europe, Middle East and Africa (EMEA) has emerged as the most affordable region in which to live well, with European cities in particular dropping down the rankings of Julius Baer’s Lifestyle Survey.   

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Costs key factor driving travel trends in 2023, says report

UAE holidaymakers are expecting another strong year of travel despite economic uncertainty, but price-led decision making will drive change in 2023, said global travel site Skyscanner in a new report. With 88% of UAE travellers pl

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DHL Express announces increase in prices for 2023

DHL Express, the world’s leading international express services provider, has announced price adjustments that will take effect on January 1, 2023. The average increase in UAE will be 6.5 %, compared to 2022. “So far, 2022 h

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Saudi real estate price index moves up 0.7%

Saudi Arabia's general real estate price index for the second quarter of 2022 recorded a 0.7% increase compared to the same quarter of 2021, said data released by the General Authority for Statistics (GASTAT).   

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Under-investment in oil and gas will affect prices, warns IEF

  Rising inflation and borrowing costs, Russia's invasion of Ukraine, supply chain problems and policy confusion are all holding back new investment in upstream oil and gas at a time when the world needs it most, the Secr

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Oil jumps above $100 on Russian action in Ukraine

Crude prices topped $100 a barrel for the first time since 2014 and stock markets slumped around the world after Russia launched an invasion of Ukraine today.    Brent crude futures soared more than 3.5% to

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