Macroeconomics

By 2050, over 80% of the population in developed countries is expected to have moved to cities. This number is expected to be over 60% for the developing world. The creation of smart cities enables a smooth transition to urbanization through the most optimal utilization of resource to maximize value for the participants in the ecosystem. This valu...

In 2015, China became the first office to receive a million patent applications in a single year. Chinese patent office received almost as many as the combined total received by patent offices in US, Japan, and South Korea. Such recent developments are closely watched by Governments, Policymakers and Multinational corporations outside China and the...

Africa is the focus of the global economy due to its vast untapped natural resources are a key driver for development. Rural electricity demand still remains insignificant, while urban and industrial supply remains insufficient in most of Africa. With aid from global governments, demand is expected to witness growth of 3.5% for wire rods and 5.2% f...

GCC’s growing economy and Industrialisation are the biggest drivers of ferrous casting demand. Globally there are over 40,000 foundries, GCC on the other hand is at a nascent stage with 0.2 Million MT of production; Infrastructure and construction are the key drivers of consumption & growth. In the next 5 years the overall KSA Ferrous casting in...