UAE. Middle East private equity investors are increasingly seeking opportunities in defensive sectors, according to Deloitte. Education, healthcare, oil and gas services and basic consumer necessities are also amongst the top most sought-after industries in PE in the GCC.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
UAE. UAE textile industry is undergoing major reorientation toward non-clothing applications; UAE export share ahead of Germany, France, Italy, Spain, Netherland and China; World textile and apparel trade expected to reach US$805 billion by 2015.