corporate

  • Fears of inflation boost gold - Century Financial Brokers Weekly Market Report

    Currencies

    Dollar buoyed by hawkish Fed

    Euro ended the week on a lower note as data from Eurozone i.e. consumer confidence, Manufacturing PMI, Services PMI and Core came in below expectations and as anticipation over the future rate hikes from the Fed began to gain in credence. Eurozones annual inflation rate came in at 1.3% in January 2018, down from 1.4% in December 2017, which prompted Eur/usd to shed further ground. In the coming week, ECB President Draghi is supposed to testify before European Parliament Economic and Monetary Affairs Committee on Monday and also the new Fed Chief Powell is set to testify which would also give indication on the future plans of ECB. Moreover, the dollar remains supported as markets continue to price in the odds of the Federal Reserve raising interest rates four times over the course of 2018. With US GDP around the corner and increased expectation of rate hike, euro will take take a breather.

  • FLASH Entertainment Awarded Abu Dhabi World Professional Jiu-Jitsu Championship

    Jiu-Jitsu, which has made the Capital Abu Dhabi the hallmark event of the annual Jiu-Jitsu calendar, is set to return for the ninth edition from 10-23 April. FLASH Entertainment, the leading live event company in the region has been awarded by the UAE Jiu-Jitsu Federation to manage the event operations and logistics for the Abu Dhabi World Professional Jiu-Jitsu Championship for the fifth year in a row.

  • flynas Partners With conxxe for Ground Transfers

    Customers of leading low-cost airline, flynas, can now book their airport transfers through a wide range of touchpoints and integrations on flynas' website, mobile and email communications. Courtesy of the HolidayTaxis Group ground transportation platform - conxxe.

  • Gartner Highlights 10 Uses for AI-Powered Smartphones

    Artificial intelligence (AI) features will become a critical product differentiator for smartphone vendors that will help them to acquire new customers while retaining current users, according to Gartner, Inc.

  • Gartner Names CloudHPT as a 'Visionary' Disaster Recovery as a Service Provider

    The 2017 edition of the Gartner Magic Quadrant for Disaster Recovery as a Service (DRaaS) providers has just been released and CloudHPT are recognized in the "Visionary" quadrant.

  • Gartner Says Connected Car Production to Grow Rapidly Over Next Five Years

    Connected car production is growing rapidly in both mature and emerging automobile markets, according to the latest forecast by Gartner, Inc. The production of new automobiles equipped with data connectivity, either through a built-in communications module or by a tether to a mobile device, is forecast to reach 12.4 million in 2016 and increase to 61 million in 2020 (see Table 1).

  • Gartner Says Worldwide PC Shipments Declined 4.3 Percent in Second Quarter of 2017

    Worldwide PC shipments totaled 61.1 million units in the second quarter of 2017, a 4.3 percent decline from the second quarter of 2016, according to preliminary results by Gartner, Inc. The PC industry is in the midst of a 5 year slump, and this is the 11th straight quarter of declining shipments. Shipments in the second quarter of this year were the lowest quarter volume since 2007.

  • GCC macro momentum losing steam, further rating downgrades expected

    Research by Fisch Asset Management, one of the world’s leading credit analysis and convertible bond specialists, has shown a clear slow-down across GCC money markets, with softening prices resulting from continued macro-economic uncertainty. Saudi Arabia, Oman and Bahrain have all suffered ratings downgrades since 2015. Meanwhile, Qatar and Bahrain have shown greater resilience.

  • Giordano celebrates 25 years in the UAE

    Giordano celebrates its 25th anniversary in the UAE with a series of events and offers in all their UAE stores from April 25 till May 15.

  • GN Group inaugurates MENA Head Office in Dubai

    GN Group, a global leader in intelligent audio and hearables solutions that let one hear more, do more and be more, opens a base in Dubai with its first office in the Middle East, Africa and Turkey region. With world-leading expertise in the human ear, sound, wireless technology and miniaturization, GN’s innovative and intelligent audio solutions are marketed by their premium brands ReSound and Jabra.  To be the leading hub for aural technologies in the region, the office launch marks the inauguration of Jabra and ReSound’s head offices in the Middle East, Africa and Turkey region.

  • Gold Prices surges at 4-month high - Century Financial Weekly Market Report

    Currencies

    EUR/USD breaks out

    Initially, Euro began the weak consolidating, but ended up breaking through some major resistances and trying to make new highs. The trigger for the spike, came after the release of the December ECB meeting minutes, which showed that policymakers expressed confidence in the manner in which the Eurozone economy was moving and could consider a gradual shift in policy relatively soon. Moreover, news that the German Chancellor, Angela Merkel, may have paved the way to a stable coalition government, along with the US economy missing non-economic numbers over the last few days pushed the pair through the 1.21 levels and it ended the week just above the 1.22 region.

  • Hamdan bin Mohammed Cruise Terminal doubles influx of cruise tourists

    DP World continues to boost the capabilities of Dubai’s cruise tourism sector, setting the city as a premiere international cruise destination.

  • HBO cyber breach & Game of Thrones data theft

    As you might have seen, American television network HBO has suffered a “cyber incident”, which apparently resulted in the theft of a Game of Thrones episode and important other data.

  • HID Global Adds Trust to Online Transactions and Digital Access with HID Approve Mobile App

    HID Global®, a worldwide leader in trusted identity solutions, today announced a new app, HID Approve, which turns a mobile device into a handheld validation device or “authenticator” that verifies online access and transaction requests, such as digital banking transactions or corporate VPN access. HID Approve adds a new level of trust for consumers and employees to transact securely. 

  • Hitachi-GE Nuclear Energy’s ‘Development of Decommissioning Engineering Platform Based on 3D Plant Model’ Project Wins 2014 Bentley Be Inspired Award

    Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced that Hitachi-GE Nuclear Energy, Ltd.’s project “Development of Decommissioning Engineering Platform Based on 3D Plant Model” has won a 2014 Be InspiredAward.The project won in the “Innovation in Power Generation” category. The 2014 Be Inspired Awards winners were selected by nine independent panels of jurors comprising distinguished industry experts. The awards honor the extraordinary work of Bentley users improving and sustaining the world’s infrastructure, recognizing outstanding and innovative project achievements in infrastructure design, construction, and operations.

  • Hormann Introduces door type V3009 for integration in conveyor systems

    Hormann has introduced door Type V3009, a high-speed roller door with a flexible curtain, designed for a high number of automated opening and closing cycles.  It can be fitted between the operating sections and the storage areas within a conveyor system.

  • HP launches the new HP EliteBook 705 series PCs and HP ProBook 645 G4

    Today, HP is introducing the new HP EliteBook 705 series PCs and HP ProBook 645 G4.

  • Huawei and Hamad International Airport Enter into a Strategic Partnership for Co-Innovation

    At the 17th Dubai Airport Show, in Dubai, UAE, Huawei and Hamad International Airport(HIA) signed a Memorandum of Understanding (MoU), formalizing a strategic partnership to enable the airport's digital transformation.

  • IFS empowers service engineers with mixed reality using Microsoft HoloLens

    IFS, the global enterprise applications company, announces the launch of a new proof of concept, developed by the company’s innovation think tank IFS Labs, to reinvent field service management.

  • INFINITI QX50 raises the bar on road safety with advanced suite of driver-enhancing technologies

    Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, has highlighted the unique safety features of the all-new INFINITI QX50, which enhance the driving pleasure and helps you drive in total confidence.