report

  • Trend Micro Report Reveals Criminals Increasingly Drawn To Low-Profile Attacks

    Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources.

  • UAE AND SAUDI ARABIA SEE RAPID IOT ADOPTION IN THE MIDDLE EAST

    Linksys®, celebrating 30 years of networking and Wi-Fi innovation for the home and business this year, today announced that there is rapid adoption of IoT in the Middle East with a growing number of people investing in smart devices for their home, according to latest study by Linksys on consumer Wi-Fi usage trends, ahead of GITEX Technology Week.

  • UAE federal budget to boost the real estate sector in the medium term, says JLL

    The UAE cabinet announced a new federal budget of AED 60.3 billion in September, paving the way for a significant increase in government spending that will in turn benefit the Dubai real estate market,  revealed JLL’s latest Q3 report.

  • UAE females more likely to embrace Halloween

    One out of five women in the UAE celebrate Halloween, although men are likely to spend more on the revelries

    The UAE is a melting pot of cultures and a land of diverse celebration. From festivals to sports championships, concerts to shopping events, there is something for everyone. Islamic and local holidays like Eid Al Fitr (76%), Eid Al Adha (72%), National Day (59%) and Hijri New Year (48%) are much more popular among the UAE residents as compared to western holidays like Gregorian New Year (59%) and Christmas (34%).

  • UAE Leads Region in Providing Young Women With Career Development Opportunities

    NADIA Global, The Gulf’s #1 Recruiter and Training Institutes, announced the enhancement of its existing training programs to provide relevant courses to respond to demand from women. The high standards of NADIA Global’s training enables women to learn how to better balance their personal and business life in addition to empowering the female population of UAE.

  • UAE markets ended the last trading day of the month on a positive note – Allied Investment Partners PJSC Daily Market Report

    The UAE markets ended the last session of the month on a positive note as both Dubai and Abu Dhabi closed higher by 1.5% and 0.9%, respectively. However, in terms of monthly performance, both Dubai and Abu Dhabi were down with losses of 1.8% and 0.7%, respectively, which can be attributed to the sentiments seen in the global markets. For the day, Dubai continued the positive trend for second straight session on the back of gains in the real estate and insurance sector stocks.

  • UAE RANKS IN GLOBAL TOP 10 FOR ONLINE SME & START-UP SEARCHES

    The United Arab Emirates has ranked in the top 10 countries globally for online searches of the term “how to start a business in…”, according to a recent report from SEMrush, the leading online digital marketing suite.

  • UK government suffers historic loss

    Summary:  Saxo Bank Chief Economist Steen Jakobsen analyses the state of play in Brexit following PM May's historic Parliamentary loss.

    UK Prime Minister Theresa May saw her already controversial Brexit bill roundly and conclusively defeated in Parliament Tuesday evening with uncertainty on the future of both her government and Brexit itself dominating sentiment into today's vote of no confidence.

  • Union Bancaire Privée announces a net profit of CHF 202.4 million, and net asset inflows of more than 5%

    n  UBP’s net profit for the full year 2018 was CHF 202.4 million (CHF 209.4 million excluding non-recurring costs relating to acquisitions), compared with CHF 220.4 million in 2017.

  • USB DEVICES POSE A SIGNIFICANT THREAT TO INDUSTRIAL FACILITIES

    New, first-of-its-kind research released today by Honeywell (NYSE: HON) shows that removable USB media devices such as flash drives pose a significant – and intentional – cybersecurity threat to a wide array of industrial process control networks.

  • USD, gold's biggest enemy, could edge higher in the near-term, causing the yellow metal to edge lower - Century Financial Weekly Market Report

    Currencies

    Trendline resistance on daily chart

    With US-China trade relations set to sour even further, that's putting a bid in the dollar while also leaving the Aussie offered at the same time. China announced over the weekend that it was pulling out from all future trade talks with the US in the wake of the recent decision to impose economic sanctions on a number of Chinese officials. The diplomatic scuffle is over China purchasing jets and missiles from a Russian arms exporter subject to US sanctions.

  • VMware: ‘Artificial Intelligence Innovation Key to UAE’s Digital Transformation’

    On a trip to the UAE this month, VMware’s Jean-Pierre Brulard, Senior Vice President and General Manager EMEA, talked about how 2019 will be the year for the UAE to adopt Artificial Intelligence (AI) innovation in order to fuel nationwide digital transformation.

  • Washington gridlock won’t change late-cycle realities

    Savvy investors have spent a sleepless night as the results of the US midterm elections rolled in. The Democratic Party worked tirelessly to win the House, and today they claim victory; the outcome, however, will be government gridlock. But will these results change the cyclical course of the financial market? It’s unlikely.

  • WCU: Commodities await the greenback’s fate

    Most major commodities were headed for weekly gains as the short-term focus on growth and demand risks related to emerging markets faded. This was helped by the dollar, which was heading for a second weekly loss. Overall, commodities have had a very bumpy ride this month that at one stage saw the Bloomberg Commodity Index hit a one-year low before recovering.

  • WCU: Commodities rise ahead of crucial week

    Global markets, led by emerging market bonds and stocks, advanced alongside US stocks where a robust earning season has so far helped offset the negative impacts of a prolonged government shutdown and global growth worries. Given what is on the plate next week one can argue that we are now moving from the starter to the main course in terms important market moving events. Among the most important we find:

  • WCU: Commodity markets roll over as macroeconomic concerns weigh

    The US dollar, which has been strengthening every day since the dovish shift by the Federal Open Market Committee on January 30, only added to the market’s unease.

  • WCU: Crazy week in oil and gas

    The Bloomberg Commodity Index, which tracks a basket of major commodities within the three major sectors of energy, metals and agriculture, was on track to show its first weekly rise in six. Gains in energy and metals, both industrial and precious metals helped offset losses in agriculture commodities.

  • WCU: Signs of life as dollar weakens and trade tensions ease

    The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.

  • Weak Economic Data Supports Gold - Century Financial Weekly Report

    Currencies

    US GDP growth expectations fall

    After accounting for the dismal data prints, the Atlanta Fed’s ‘GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is 1.5 percent on February 14, down from 2.7 percent on February 6,’ and signs of a more meaningful slowdown may continue to drag on interest-rate expectations as a growing number of Fed officials endorse a wait-and-see approach for monetary policy.

  • Weekly Bond Update: Red-letter Fed Day

    Equities are bleeding, gold has the blues and everybody is waiting for the Fed's interest rate decision. The future doesn't look too bright but for those seeking safety, the bond market has a few handy hurricane holes in which to ride out the storm.