- Home
- Middle East
- UAE
- Foreign Correspondents’ Club hosts Oxford Analytica’s CEO to discuss global economic outlook
Foreign Correspondents’ Club Hosts Oxford Analytica’s CEO To Discuss Global Economic Outlook
Muhammad Irfan Published January 22, 2020 | 02:00 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 22nd Jan, 2020) The Foreign Correspondents’ Club of the UAE, FCC, hosted David K. Young, Chief Executive Officer of Oxford Analytica, an international consulting firm providing strategic analysis of world events, on Tuesday for a talk and discussion on ‘Global Economic Outlook and the MENA Forecast.’ The talk was the latest in a series of events organised by the Foreign Correspondents’ Club and was attended by international and domestic journalists, academics, diplomats and government officials.
Young analysed the International Monetary Fund’s latest projections for the global economy and especially for the middle East and North Africa, MENA, region.
Geopolitical instability, trade wars, political intervention in monetary policy and debt crisis will be the major factors influencing the global economic growth in 2020, he explained.
Less than 15 percent of the organisations across the globe have taken active steps to address the potential impact of geopolitical uncertainty, the CEO pointed out.
Elections in many countries, including in the US and Poland, the roll of out 5G [the fifth generation wireless technology for digital cellular networks] and IOT [Internet of Things], and cybersecurity threats will also impact the global economy, Young said.
In the MENA, especially in the Arabian Gulf, a few factors will influence the economic outlook this year, Young said.
Economic diversification, succession of rulers, Expo 2020 Dubai will be the major determinant of the economy in the region, he noted.
Young leads Oxford Analytica’s business worldwide by providing expert insights and trusted judgements to leading organisations across the globe.
Prior to joining the current firm, he worked as the European Director of a US-based, Africa-focussed not-for-profit. He also worked with Canopy, a joint venture of Atos, EMC2 and VMWare.
The FCC was launched early last year to function as a social centre and media hub for UAE journalists. The club aims to create an atmosphere conducive to intellectual debate, cultural exchange and become an important resource for journalists.
The club’s facilities include a conference room with state-of-the-art audio-visual equipment, translation room, meeting rooms, a public lounge and office units.
Related Topics
Recent Stories
Finance Minister rules out rupee devaluation in talks with IMF
National team determined for good performance against New Zealand: Babar Azam
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 18 April 2024
Today Gold Rate in Pakistan 18 April 2024
Saka and Odegaard start for Arsenal, Guerreiro in Bayern midfield
Qatar PM says re-evaluating Israel-Hamas mediation role
Govt spokesperson terms allegations of PTI's Marwat against Saudi Arabia 'heinou ..
Minister appreciate UAE’s support for Pakistan economic challenges
Manchester City v Real Madrid Champions League starting line-ups
MIGA's support Pakistan in attracting foreign investments: Federal Minister for ..
Walker returns to captain Man City for Real Madrid clash
Action taken against price list violations in Khanewal district
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago