Studies and reports

Currencies

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S&P Global Ratings revised its risk trend on New Zealand to positive from stable after housingrelated imbalances in the economy moderated. GDP growth remained strong and the labour market continued to perform well. These factors, a steady interest rate environment and strong net migration signaled that the economy was in a relatively strong position.

UAE markets ended higher during the session as Abu Dhabi was up by 1.1%, while Dubai traded flat for the day. The market breadth in Dubai was evenly poised between gainers and losers, while three remained unchanged for the day. Abu Dhabi rebounded during the session to report its highest daily gain in more than two months, which was supported by banking, energy and telecommunication sector stocks.

Infoblox Inc., the leader in Secure Cloud-Managed Network Services, today announced the results of its global survey on the state of network security at higher education institutions. Results reveal that 81 percent of IT professionals state securing campus networks has become more challenging in the last two years.

Executives interviewed for the 2018 edition of the Business Barometer: Gulf CEO Survey carried out by Oxford Business Group (OBG) were largely upbeat in their outlook for the coming 12 months, buoyed by higher and more stable oil prices, although regional political volatility remained a cause of concern for many.

Dimension Data, the USD 8 billion global technology integrator and managed services provider, today launched its Tech Trends 2019 report developed by its team of technology experts. It identifies fundamental industry trends that will come to define the business technology landscape in 2019 across customer experience, cybersecurity, digital business, digital infrastructure, digital workplace, technology futures, and services. In the report, Group CTO Ettienne Reinecke claims that 2019 will finally see digital transformation become a reality and predicts a spate of industry-wide disruption as innovative companies see long-term projects bear fruit.