DUBAI / WAM Dubai Chamber of Commerce and Industry’s representative office in Kenya organised a study mission to Dar es Salaam, Tanzania, which explored business potential within country’s healthcare, manufacturing, agriculture, energy, tourism, and hospitality sectors. The study mission coincided with the 7th East African Health and Scientific Conference where Chamber officials examined new investment opportunities emerging across region. Dubai ...

Bloomberg The market power of corporations is rising across rich economies and could eat into economic growth if the trend intensifies, the International Monetary Fund (IMF) said. Corporate market power increased moderately between 2000 and 2015, with price markups increasing by 8 percent, the IMF said in an analysis accompanying its latest World Economic Outlook. The increase was concentrated outside ...

Bloomberg Oil rose near $70 a barrel in London, a level last breached in November, as global crude supplies tightened while hopes for an end to the US-China trade impasse lifted financial markets. Brent crude’s rapid recovery this year — with the biggest quarterly gain in almost a decade — is a victory for the production cuts made by Opec ...