report

  • High levels of cross-border investment from the Middle East into the European hotel market to continue in 2019, says JLL

    JLL, the world’s leading real estate advisory firm, projects that the Middle East will continue to lead investments into Europe’s hotel sector in 2019 and beyond – growing from the $3.2bn of capital flows recorded in 2018.

  • Historically September has been positive for gold prices and the probability of delivering a positive return is 70%

    Currencies

    EU’s Barnier no longer a barrier

    There was a strong rally in GBP last month on the back of comments from the EU’s Barnier. As such, GBP price actions underscore how sensitive GBP is to Brexit news, and while the comments from Barnier in reality are not major news, it could potentially trigger a relief rally in GBP and reduce the Brexit risk premium priced in the FX option market. However, note that both the UK and EU still have 'red lines' that do not appear to be compatible and we still expect significant noise and volatility in the coming months as the Brexit end-game moves closer.

  • Hospitality Brands show a low Brand Intimacy score in a keystone industry for the UAE

    The hospitality and theme parks industry ranked last out of 15 industries surveyed in MBLM’s 2018 Brand Intimacy Report. The category's average Brand Intimacy Quotient was 22.8, well below the cross-industry average of 30.5. Within the category, Hilton, Jumeirah, Ferrari World, Rotana, Dubai Parks and Resorts, Marriott, Yas Waterworld Abu Dhabi, IMG Worlds of Adventure, Address and Aquaventure comprised the Top 10 brands.

  • How Gulf Countries can strengthen their Governance of Major Risks

    The latest report by the strategy consultancy firm, Oliver Wyman and the Global Risk Center, “Resilience in the GCC: How Gulf countries can strengthen their governance of major risks,” outlines the risks and examines the efforts being made by individual states in the GCC to deal with the high-level risk agenda. It further outlines the three key priorities that would help regimes improve decision making and resource allocation for long-term resilience.

  • ICAEW: Consolidation of regulatory laws will help Saudi Arabia attract foreign investment

    Achieving Saudi Arabia’s ambitious Vision 2030 requires consolidation of regulations in order to attract foreign investment, create new jobs and transfer private sector skills to the public sector. This was the consensus during accountancy and finance body ICAEW’s Corporate Finance Faculty roundtable about how Saudi business is evolving to support a thriving economy.

  • ICAEW: Firms must be reimagined to survive digital era

    ICAEW says accountancy firms need to thoroughly re-think their organisational structure, culture, people and practices to be fit and ready to compete in a digital world. In its latest report Reimagining the Firm[1], the accountancy and finance body urges transformation to go beyond digital tools or services to ensure accountancy firms remain relevant in a digital era.

  • ICAEW: region’s investment management industry must evolve

    New savings and investment products that are easy to understand and available to everyone are urgently needed, according to a new report by ICAEW. In ‘Audit Insights: Investment Management’, the accountancy and finance body warns that indecipherable statements, high fees and a perception of exclusivity mean many feel alienated from the investment management industry when they need it most.

  • IGI reports solid full-year 2018 results and improved GWP growth

    International General Insurance Holdings Limited today reported earnings for the 2018 financial year.

    The year 2018 saw a strong recovery for IGI following the most expensive year for catastrophe losses on record in 2017. The Group has a clear and focused vision of growth in new and existing markets, putting IGI back in track for another robust performance for the 2018 financial year.

  • IMF cuts global growth forecast

    he headline that the IMF has downgraded its economic growth projections for the first time since July 2016 is naturally not positive news for investor sentiment. There are a few ways that this news can be digested. One is to accept that expecting global growth at a rate of 3.7% in comparison to 3.9% still represents a healthy pace of growth when you consider the severe turbulence that the global economy has faced over the past 10 years. But on the other side, there are concerning comments from the IMF that a combination of trade tensions and stress in emerging markets is behind the modest downgrade in growth expectations, along with even more worrying comments that the IMF is concerned that global growth might have plateaued, indicates to a degree that there are also reasons for investors to be uneasy about the IMF downgrade.

  • Implementation of Advanced Analytics Improves Corporate Performance

    The Institute of Management Accountants (IMA®) released a report today that reveals an industry-wide desire for leading-edge analytics. The report, “The Data Analytics Implementation Journey in Business and Finance,” explores the extent to which advanced analytics are being developed by organizations, the business case for implementing advanced analytics and the impact of leading-edge analytics on the role of finance.

  • Index heavyweights expected to see buying interest from foreign investors – Allied Investment Partners PJSC Market Report

    Global markets closed higher during the previous week on the back of optimism over next week’s Brexit vote and possible trade talks between the US and China. However, the market brushed aside negative economic indicators, reinforcing a widely expected global slowdown by economists in 2019. Brent Oil surged by 4.4% during the week on the back of OPEC led supply cuts coupled with hopes that the US and China would reach a deal to end the trade tensions.

  • INDUSTRIAL EXPANSION AND INVESTMENT DRIVE EXPLORED IN NEW REPORT

    Abu Dhabi’s bid to steer its economy away from a reliance on hydrocarbons by shifting the focus to knowledge-based segments of the economy and high value-added industries, is mapped out in a new report from the global research and consultancy firm Oxford Business Group (OBG).

  • INNOVATION TRANSFORMING MIDDLE EAST & NORTH AFRICA’S BUOYANT CONFECTIONERY TRADE

    The Middle East and North African (MENA) confectionery industry – set to reach a value of USD11 billion by 2021, accruing 18 per cent year-on-year growth according to Euromonitor International – is witnessing a torrent of innovation as regional and international manufacturers look to build regional market share and step up export potential.

  • Interoperability, Not Technology Will Drive Smart Communities Development

    Juniper Networks, an industry leader in automated, scalable and secure networks, today announced at GITEX Technology Week 2018 new market research* that it conducted with YouGov which suggests that consumers place capabilities like interoperability over technological advances like 5G, cloud, IoT and automation when it comes to which key factors will support the enabling of “smart communities”. The market research is in line with this year’s GITEX theme of driving “future urbanism” and highlights how communities are using information technology to act as a catalyst for transforming life and work, across a wide variety of environments and use cases. Spanning rural villages all the way to the newest megacities, these use cases include innovations in automated infrastructure management, environmental monitoring, autonomous vehicles, social change and population information and protection.

  • Introducing a New Approach to Track National Progress Beyond GDP at World Government Summit 2019

    A new report compiled by Boston Global Consulting Group (BCG), titled ‘Towards A Broader View of National Performance’, prepared in collaboration with the 2019 World Government Summit, shines light on the need to go beyond the widely-used Gross Domestic Product (GDP) metric as a sole indicator of societal well-being and economic performance.

  • Investment flows to UAE expected to go up by 20 percent in 2019 due to new FDI law

    The UAE Government’s enactment of the foreign direct investment (FDI) law in 2018 is seen to help accelerate FDI flows by up to 20 percent this year, from the eight percent average growth rate, as per the recent estimates of the Ministry of Economy. The landmark law is predicted to further strengthen the already business-friendly climate in the country.

  • Investors are expected to remain on the sidelines as a result of concerns over global growth – Allied Investment Partners PJSC Market Report

    US markets ended the week on a negative note after weaker than expected data in Europe and China spurred concerns of a global economic slowdown coupled with ongoing trade tensions between the two largest economies which weighed on investors sentiment.

  • Investors expected to focus on Q3 earnings – Allied Investment Partners PJSC Market Report

    The UAE markets ended the last trading session of the week on a negative note, as Dubai and Abu Dhabi were down by 0.1% and 0.9%, respectively. In terms of weekly performance, both the markets ended in red as Dubai was down by 0.8% and Abu Dhabi by 2.1%. Investors will focus on third quarter earnings to access the economic environment and accordingly position themselves in the current market.

  • İstanbul Airport Excitement in Turkish Real-Estate Sector

    Istanbul Airport has been officially opened on 29th October 2018 and the mobilisation of the airport will be completed in the first week of April. İstanbul Airport will be one of the strongest airports of the world with annual 200 million passenger capacity.

  • JLL Reports Record Fourth-Quarter and Full-Year 2018 Results

    Jones Lang LaSalle Incorporated (NYSE: JLL) today reported strong operating performance for the full year and fourth quarter of 2018.