Industries

APAC accounted for around 50% of the global PreCast market followed by Europe , North America and Rest of the world. The Kingdoms major cities are building in huge towers, malls, hotels , office building and halls based out of precast concrete and its products. To boost the real estate and to propel the precast market the KSA government has late...

The economic performance of the Western Europe in the beginning of 2016 could be characterized by moderately improved growth supported by rise in disposable income, better job growth, and low inflation. Germany and Spain are on a solid recovery path and leading the Eurozone growth in 2016. Political uncertainties are being created not only on the U...

Western European economies are on a moderate economic recovery amid the impending risks of Britain’s exit from the European Union. While the consequences are under much debate, this unprecedented economic phenomenon will lead to severe short term volatility throughout the region.

Uncertainty looms over Western Europe with Brexit becoming a reality. While Britain will face prolonged economic volatility, other Western European economies will also face uncertainty in trade, banking regulations, and currency depreciation. However, despite uncertainty, strong economies such as Germany are banking on steady domestic demand and m...

Significant fall in oil prices has drastically altered public spending patterns throughout the region. Growing number of countries are trying to opt for a strict fiscal measures and tax impositions to combat fiscal deficit. Increased oil production from Iran post sanctions could pose greater geopolitical risks on the region’s overall economic hea...

Middle Eastern economic growth is likely to remain somber due to the geopolitical turbulences throughout 2015 out of the collapse in oil prices as well as Iran nuclear deal. While Saudi Arabia is contemplating a loss of market share given increased oil production from Iran, The United Arab Emirates and Qatar are trying to remain resilient with impr...

Oil prices might see some signs of stabilization given the discussions between Saudi Arabia and Russia in February 2016 to freeze crude oil production. Most of the oil exporting economies in the Middle East and African region, barring Qatar and United Arab Emirates due to their well-diversified economy, ended 2015 with abysmal economic fundamentals...

The fate of oil-producing economies is contingent on oil production being frozen by Saudi Arabia and Iran. The recent conclusion of the Doha Oil Meet has brought no resolution with Saudi Arabia’s refusal to freeze oil, unless Iran agrees to do the same. Oil exporting countries such as Saudi Arabia, the United Arab Emirates, Nigeria, and Algeria a...

The 2016 economic outlook for the US is stable owing to improved housing and strong domestic demand. Growth in Canada is likely to continue to be poor even in 2016 due to its overdependence on oil and other commodities. The energy renaissance in North America in the form of US shale gas and Canadian oil sands has been setback due to low oil prices....