INTERNATIONAL.First, the bad news - China's constrained rare earth supplies will be an "irreversible trend" and prices will remain at high levels, according to Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. Zhang should know, as his concern is China's leading rare earths producer - the Baatou mine produces more than 95 percent of China's production, while Chinese mines currently account for 97 percent of global supplies. The increase in global demand for rare earth metals has sent prices soaring in world markets. According to the China Nonferrous M
UAE. The Gulf based gourmet food company and owner of the iconic gourmet date confectionery boutiques and premium cafes, has announced a new partnership with the Asian private equity fund sponsored by LVMH.
UAE. The third quarter 2014/15 showed a good level of orders, fuelled by small to mid-sized contracts; Company confirms full-year guidance of a high single digit organic sales growth and an operating margin (after corporate costs) over 5%.
UAE. New report by the Gulf Petrochemicals and Chemicals Association (GPCA) and the international consultancy firm Nexant will be released during the 6th edition of GPCA PlastiCon 2015 being held on 11-12 January in Dubai.
INTERNATIONAL. January proved to be another difficult month for commodities as the trend of falling prices amid rising supply resulted in a 7th consecutive monthly fall for the Bloomberg Commodity index.
QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.