LISBON / WAM An official trade mission from the Sharjah Chamber of Commerce and Industry (SCCI) showcased investment opportunities, as well as various opportunities available in the emirate’s economic sectors in Lisbon, Portugal. The Sharjah trade delegation, headed by Abdallah Sultan Al Owais, SCCI Chairman, aimed to enhance economic cooperation and mutual investment between Sharjah and Portugal, under the framework …

Bloomberg The world could install more than a trillion watts of renewable power over the next five years, more than the entire current generation capacity of the European Union. The International Energy Agency’s (IEA) latest annual report on renewables forecasts as much as an extra 1.3 terawatts of clean energy will be installed by 2023 under one scenario. Even in …

Bloomberg If oil prices head above $100 a barrel, it could shave 0.2 percentage points from global economic growth next year — but this hinges crucially on the dollar, according to Bank of America Merrill Lynch (BofAML). Sanctions on Iran, shale bottlenecks, Venezuelan turmoil and increased demand pose an upside risk to prices, the bank said. Higher prices would slow …