Analysis

Activity picks up among GCC's sovereign wealth funds as oil prices stabilise
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The number of sovereign wealth funds (SWFs) operating in the Gulf has grown in the decade to 2018. The value of these SWFs – created to invest and manage the huge sums of money flowing into the region from hydrocarbons sales – stood at $2.78trn in mid-2018, according to the SWF Institute (SWFI), representing 35.6% of the global total. Turning a Corner With oil prices remaining relatively low…

Overview

Health care expansion in Djibouti fuels demand for local and imported pharmaceutical products
OBG
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In recent decades, the pharmaceutical market has expanded its geographical reach. This trend appears to be here to stay; in a survey of major pharmaceutical firms conducted by global consulting firm PwC’s Strategy& team, more than half of respondents anticipated that over 30% of their global sales would originate in emerging markets by 2018. Even in the most newly opened markets, drug…

Overview

Tips for visitors to Kenya
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Etiquette Work meetings begin with an exchange of greetings and a handshake. As is common throughout the region, personal relationships and networking are crucial for business interactions, and it is common to open a meeting by engaging in a casual discussion about health, family and travel. The host will generally indicate when the business discussion should commence. Dress Work attire generally…