• Audi Abu Dhabi increases sales by 6.8% in 2018

    Audi Abu Dhabi have posted a year-on-year growth of 6.8% in 2018, in the face of competitive market conditions. Growth was driven by sales of new Audi models introduced during the year, including the all-new Audi A8, Q8, A7 and A6.

  • Axalta’s 2018 Automotive Color Popularity Report Shows White’s Continued Global Preference on Vehicles at 38 Percent

    Axalta (NYSE: AXTA) today released its 66th annual Global Automotive Color Popularity Report which shows white as the global leader in consumer vehicle color choice in 2018. At an astounding 38 percent, white held its top spot with a significant gap ahead of second-place black (18%) and a third-place tie between silver and gray (12%).

  • Bahrain tops World Bank Index for Human Capital in MENA Region

    The World Bank last week announced its inaugural Human Capital Index, with Bahrain coming in the lead for the MENA region. Focusing on health and education, the Index measures how productive a child born today will be by the time they turn 18, where the Kingdom’s score increased by 6% since the research project started in 2012.

  • Bahrain’s financial services sector presents 35% cost advantage over regional neighbours

    A KPMG report, ‘Cost of doing business in Bahrain – Financial Services’, has revealed Bahrain as the most cost effective place in the Gulf to set up and do business in the Financial Services sector, with companies enjoying up to 35% cost savings compared with the rest of the region.

  • Breaks New Record with 35 Million Registered Professionals, the Middle East’s #1 jobsite, just reported reaching a record of 35 million members in their database of job seekers and professionals. According to’s recent report, 16,000 job seeking professionals are now joining the jobsite every single day.

  • Poll: 95% of MENA Job Seekers Want Companies to Engage with Them via Online Job Sites

    In today’s hyper competitive market, companies have to find ways to differentiate themselves to become an employer of choice and ensure not only talent attraction, but also retention.

  • Bearish harmonic pattern for Gold - Century Financial Weekly Market Report


    End of QE bullish for Euro

    The European Central Bank has confirmed it is ending its huge net asset purchase programme to stimulate the eurozone economy this month. The ECB has stopped its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery. The move, first announced in June, is a big step towards unwinding the policies brought in to stabilise the eurozone in the wake of the financial crisis. Updated ECB projections published Thursday showed the economy continuing to expand, albeit at a slightly slower pace than previously expected. End of QE as well as economic growth, even if at lower rate should be supportive of Euro against USD.

  • Black Friday alert: popular online fashion shops among top targets for data stealing malware in 2018

    As the big annual holiday shopping season gets underway, new Kaspersky Lab research shows that banking Trojans are actively targeting online users of popular consumer brands, stealing credentials and other information through these sites. Kaspersky Lab technologies detected 9.2 million attempted attacks by the end of Q3, 2018, compared to 11.2 for the whole of 2017, with detections for one malware family up by 34%. Half all online shops attacked were well known consumer apparel brands including fashion, footwear, gifts, toys and department stores. Online shoppers in Italy, Germany, the US, Russia and emerging markets appear to be particularly at risk.  

  • BPG Orange Survey Turns the Spotlight on Social Media Influencers

    Following two surveys by BPG Orange which analyzed brand’s and consumer’s perception of social media influencers, BPG Orange has turned the spotlight on influencers to understand what drives them to engage with brands in the UAE.

  • Brexit Brings Brit’s to Dubai

    Brexit causes uncertainty in the UK forcing residents to look at options for overseas living.

    UK residents are seeking an increase in security and earnings.

    Allsopp & Allsopp have seen an influx of CV’s from Brit’s after the announcement of Brexit causing political uncertainty. Residents of the UK are uncertain of the future of their country and looking to improve their lifestyle and earnings by moving further afield.

  • Business prospects in Middle East bright, say education suppliers

    Local and international education suppliers doing business in the Middle East remain optimistic about their growth in the emirates and the rest of the Gulf region.

    Close to 600 education suppliers and brands from all over the world are expected to showcase their latest products at the forthcoming Global Educational Supplies and Solutions (GESS) exhibition and conference in Dubai, the largest show of its kind in the Middle East.

  • Centrify Named A Leader in 2018 Gartner Magic Quadrant for Privileged Access Management

    Centrify a leading provider of cloud-ready Zero Trust Privilege to secure modern enterprises, today announced that it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2018 Gartner Magic Quadrant for Privileged Access Management. The report evaluated 14 vendors based on completeness of vision and ability to execute.1

  • CIO-Office Weekly - Jan 14th 2019

    The US Federal Reserve has of late been on a communication campaign to clarify its stance towards the intended tightening path in 2019. The ensuing message marks quite a dovish shift against the previously communicated “dots”. In particular, both the minutes of the December meeting and Powell’s remarks last week laid emphasis on patience, implying the Fed would be on hold for weeks or months. As a consequence, risk premia across asset classes dropped in January, with the largest rallies recorded in equities and oil. Although this change in tone might be more style than substance, as the Fed has declared over and over that policy remains data-dependent, it has implications for asset classes. Gold has rallied slightly more than 10%, EM currencies about 4% and Brent crude 20% from their respective lows of 2018.

  • Commodities find a bid as 2019 begins

    A tumultuous first trading week of 2019 headed towards a calmer close. After hitting a 33-months low the Bloomberg Commodity Index managed to climb to record its first weekly gain in five. The global market rout was caused by economic and political uncertainty as well as tightening liquidity paused on Friday after Beijing confirmed that a US trade delegation would visit on January 7- 8.

  • Commodities hurt by global market rout

    Commodities remained exposed to broad-based selling this past week. For a third consecutive week, the sector struggled to put up a defence against the challenging combination of rising US interest rates, a strong dollar and the global equity rout, which has now spread to the US market.

  • Commodities rise as ‘king dollar’ stumbles

    Global commodity prices staged a comeback this past week after the dollar failed to hold onto recent gains and rising stock markets helped to drive renewed risk appetite. The weaker dollar was led by the British pound which is headed for its best week since January following a week of Brexit drama in Parliament. The euro, meanwhile, managed to climb higher and back into the range that has prevailed for more than six months.

  • Commodities: Trump, sanctions and tariffs

    The direction of many major commodities will continue to be influenced by the decisions taken in Washington during the past six months.  Apart from the weather, which has delivered challenges as well as opportunities across the agriculture sector, President Donald Trump’s trade war with China and sanctions against Iran will keep setting the tone for the rest of the year.


    The UAE’s insatiable demand for computer electronics, coffee and health and beauty products continue to drive consumer search trends, according to latest research into fast moving consumer goods (FMCG) conducted by the award winning online digital marketing suite, SEMrush.

  • Countdown to the ‘G2’ showdown

    A holiday-shortened week due to US Thanksgiving proved another very challenging period for commodities. Continued weakness in crude oil and products, as well as agriculture, more than offset a small pickup in demand for precious metals. These developments helped drive the Bloomberg Commodity index towards its biggest weekly loss in five months and to the weakest close in 15 months.

  • Criteo’s Q2 2018 Global Commerce Review Points to Continued Growth of In-App Transactions

    Criteo (NASDAQ: CRTO), the advertising platform for the open Internet, has released its second Global Commerce Review of the year with data gathered during the second quarter of 2018. The report analyzed browsing and purchasing data from over 5,000 retailers in more than 80 countries and found that shoppers continue to embrace mobile web and smartphone app technology for purchases, especially among pure-play online retailers.