• Siemens outlines economic, societal contribution to UAE in new report

    For the second consecutive year, Siemens has prepared an annual report entitled, ‘In the UAE, for the UAE – Making real what matters,’ detailing the company’s activities and impact in the United Arab Emirates. The report, also known as ‘Business to Society’, demonstrates that during financial year 2018 and coinciding with the Year of Zayed the company’s business goals aligned with the ambitions of the UAE, its government, its people and the broader society. The Year of Zayed marks 100 years since the birth of the founding father of the country, the late Sheikh Zayed bin Sultan Al Nahyan, who had emphasized the importance of giving back to the community.

  • Six in 10 UAE workers reliant on gratuity payment to fund retirement

    New research* from Old Mutual International and Quilter Cheviot highlights the major role end-of-service benefits play in the retirement plans of workers in the UAE.

  • Small and medium enterprises hold key to regional economic growth

    As efforts to stimulate economic growth in the Middle East and North Africa (MENA) territory remain on course, focus is now shifting to small and medium enterprise-driven strategies in a bid to accelerate growth.

  • smartphones’ screen size, battery life and performance speed to play a determining role

    Entertainment and media industries are growing around the world to cater to content-on-demand as consumers spend more than 50 per cent of their data engaging with digital games and video[1]. In the UAE, internet access is smartphone-centric, with more than 93 per cent of users using more of their smartphones than or at least as much of their smartphone as a desktop to access the internet.

  • Summertown Interiors launch new Workplace Performance report at WORKTECH18, London

    In late November Summertown Interiors, the UAE’s leading fit-out contractor specialising in green interiors, joined its global partners from The United Workplace (TUW), at a WORKTECH18 London panel to discuss its new collaborative report – The Puzzle of Productivity – which focuses on key factors that contribute to enhancing workplace performance.

  • Tech Mahindra Q3’19 PAT up 28% YoY

    Tech Mahindra Ltd., a leading provider of digital transformation, consulting and business re-engineering services and solutions, today announced the audited consolidated financial results for its third quarter ended Dec 31, 2018.

  • Technology Companies Lead in LinkedIn’s Most-Viewed Jobs of 2018

    The top ten most popular jobs on LinkedIn, the world’s largest professional network, received over 940,000 views in the past year, underscoring the UAE’s status as the leading technology hub in the Middle East.


    Jobs in the telecoms, Information Technology (I.T.) and media sectors are in increasing demand among job-seeking Emiratis, according to findings by Careers UAE, the leading recruitment and training fair for UAE nationals, which returns to Dubai World Trade Centre (DWTC) from March 19-21.

  • That sinking feeling

    The global credit impulse is falling again, mainly in developed-market economies and due largely to the normalisation of monetary policy. The message from the slower credit impulse is that growth and domestic demand are headed for a slowdown, unless the world’s largest economies launch a massive coordinated intervention in 2019.

  • The calm before the storm

    At the end of last week, the market began to breathe again. All of the risks so hotly discussed over the past few weeks have come to seem rather distant with investors heavily buying Italian sovereigns and starting to grow more comfortable with emerging markets. With President Trump preparing to implement $260 billion worth of tariffs against China, however, it is evident that this is just the calm before the storm.

  • The Currency of Experience Has Global Value

    Research from YouGov on behalf of Priority Pass™, the world’s leading and original airport experiences program, has found that the trend for experiences over material goods is global. Surveying over 10,000 people from nine countries across all corners of the world, including 1000 from KSA, the data showed that we all overwhelmingly value spending time and money on shared experiences that enrich our lives with friends and family – which manifests most clearly in the form of holidays.

  • The Fed blinked, but the path to a weaker USD may be rocky

    The Fed is slowly coming around to the reality that its own tightening regime and a strong US dollar are increasingly incompatible with financial stability, and it kicked off 2019 with a loudly dovish downshift in its rhetoric. But it may take some time for the Fed to execute a full reversal of its tightening course, and the lack of bright spots elsewhere in the global economy as the year gets under way may mean that the path to a persistently weaker USD is a rocky one in 2019.

  • The US high yield bubble

    A prominent, late-cycle bubble has formed in US high yield corporates, and portfolios should be adjusted while market conditions remain supportive.

  • The weekly performance for Dubai & Abu Dhabi indexes remained positive– Allied Investment Partners PJSC Daily Market Report

    UAE markets ended on a mixed note as Dubai was marginally down by 0.1%, while Abu Dhabi closed higher by 0.3% for the day. Abu Dhabi extended its gains for the fourth straight session, which was supported by real estate, telecommunications, and banking sector stocks during the session. The weekly performance remained positive for both the indexes as Dubai and Abu Dhabi were up by 0.7% and 2.2% respectively on the back of positive sentiments seen in global markets.

  • Three in four UAE parents think their child’s school provides value for money

    While the vast majority of UAE parents believe their child’s school offers value for money, a sizeable number thinks they do not, new data from YouGov reveals.

    Dubai schools are attempting to stay attractive to parents with fee freeze and ‘mid-range fee’ offerings. Now, new YouGov research explores how parental attitudes compare to their experiences with their children’s education.

  • Total startup funding in MENA up by 31%, as revealed by MAGNiTT 2018 MENA Venture Investment Report

    MAGNiTT, MENA’s leading data platform tracking the region’s startup ecosystem, today released their annual 2018 MENA Venture Investment Report, which provides an in depth analysis of startup funding across the Middle East and North Africa. The report highlights strong growth with a record number of transactions and an increase in total funding across MENA-based startups, up 31% from 2017.

  • Tourist traffic from the GCC countries to Turkey continues to rise due to high demand

    The number of UAE nationals visiting Turkey recorded 11.28 percent growth in the first two months of 2019, to 3,975, according to the latest data released by the Turkish Consulate General Cultural and Info Office in Dubai.

  • Trade deal optimism bearish for gold - Century Financial Weekly Market Report


    US inflation slows

    The Riksbank held its repo rate at -0.25 percent at its February meeting and stuck to its forecast to tighten policy in the second half of 2019 after hiking the repo rate for the first time in more than seven years in December. Meanwhile, In US the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, "headline" inflation increased just 1.6%, the lowest number since June 2017. January's number continues a trend of slowing inflation, primarily spurred by falling gasoline prices. As recently as June 2018, annual inflation was running at 2.9%, but has been steadily declining since then. We expect USD to fall against SEK.

  • Trade optimism drives commodities higher

    The early January recovery across key commodities extended into a second week with the Bloomberg Commodity index rallying by more than 4% since touching a near three-year low on the first trading day of year.

  • Trade tensions underpin gold demand - Century Financial Weekly Market Report


    Upbeat NFP report supports USD

    American wages climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast, keeping the Federal Reserve on track to lift interest rates this month and making another hike in December more likely. Average hourly earnings for private workers increased 2.9 percent from a year earlier exceeding all estimates and the median projection for 2.7 percent.