report

  • Eaton – 2019 channel predictions

    Karim Refas – Regional Channel Manager -Eaton Middle East

    #1 – Staying focused

    “One key challenge for channel partners in 2019 will be maintaining their focus on organisational goals without being distracted by major macro-economic trends or events, such as tariffs, political instability and oil prices. This is especially important as uncertainty and a lack of vision are quick routes to immobilising an organisation. In a year when many companies are hoping to do business early given a potentially tough second half to the year once the UK has left the EU, those paralysed by doubt will struggle.

  • Economic reforms set to positively impact Abu Dhabi’s real estate market in the longer term, says JLL

    Although performance across Abu Dhabi’s real estate market remained relatively subdued over the last quarter, the launch of the first phase of the ‘Tomorrow 2021’ initiative paves the way for a more positive investment environment in the longer term, according to JLL’s Q3 market report. 

  • EMEA Businesses Prioritise Finding and Keeping Talent in 2018, HireRight Research Reveals

    HireRight, a leading provider of global candidate due diligence services, has announced findings from its 2018 EMEA Employment Screening Benchmark Report. Finding, retaining and developing talent has been earmarked as a key challenge this year for more than half (52%) of EMEA businesses, according to the latest annual EMEA employment screening benchmark report from HireRight.

  • Emerging or sub-merging markets

    It’s been a tough year for emerging-market (EM) investors, who have suffered poor returns on headwinds from the Federal Reserve’s tightening of monetary policy and as the rising global uncertainty from the US-China showdown on trade takes global prisoners.

  • Emirates NBD Dubai Economy Tracker™

    Non-oil private sector growth in Dubai eased in December. Although total activity continued to rise at a strong overall pace, new business increased at the second-slowest rate in over two years and employment remained broadly unchanged. Inflationary pressures remained weak as input costs rose modestly and firms continued to cut their charges.

  • Emirates NBD Purchasing Managers’ Index® (PMI®) for Egypt

    Egypt’s non-oil private sector economy saw only a fractional worsening of operating conditions in December, as new orders dropped at the softest pace in four months. Purchasing activity grew at the fastest rate since May, while employment continued to fall. Input cost inflation eased even further, setting a new record low across the survey history.

  • Emirates NBD Purchasing Managers’ Index® (PMI®) for the KSA

    Business conditions across Saudi Arabia’s non-oil private sector showed a further improvement in December, with companies reporting sustained growth in output on the back of rising demand for goods and services. However, expansion was slightly slower than in November and firms showed greater caution towards taking on additional staff. Average prices charged were meanwhile reduced for the fifth time in the past six months amid reports of strong competition and muted cost inflationary pressures. Encouragingly, business confidence towards the outlook reached a five-year high.

  • Emirates NBD Purchasing Managers’ Index® (PMI®) for the UAE

    The end of 2018 saw a moderation in growth across the UAE’s non-oil private sector, with slower increases in output and new orders recorded. Evidence from the survey suggested that where sales were secured, this was often due to price discounting as output prices fell for the third month running. This was consistent with a general lack of input cost pressure in the non-oil private sector.

  • Empower is the Platinum Sponsor for the ‘State of Green Economy’ Report 2019

    Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, is participating as Platinum Sponsor in the State of Green Economy report 2019, which is due to be published  by the Dubai Carbon Centre of Excellence (Dubai Carbon). The report highlights the future of energy and sustainability in the UAE, and Dubai’s efforts in promoting the concept of sustainable cities and combating climate change. This comes in light of the UAE's interest in environmental issues and their impact on the development of environmental strategies, in addition to setting priorities for environmental action to address global warming and achieve Sustainable Development Goals 2030.

  • EQUITATIVA REPORTS STRONG Y-o-Y EBITDA GROWTH OF 28% FOR EMIRATES REIT

    Equitativa, the largest REIT manager in the GCC, today reported the unaudited financial results for the nine-month period ending 30 September 2018 for Emirates REIT (CEIC) Limited (“Emirates REIT”, the “REIT”), the world's largest Shari'a compliant Real Estate Investment Trust.

  • EXECUTIVES ACROSS REGION CAUTIOUSLY OPTIMISTIC DESPITE ROLLERCOASTER YEAR

    Executives interviewed for the 2018 edition of the Business Barometer: Gulf CEO Survey carried out by Oxford Business Group (OBG) were largely upbeat in their outlook for the coming 12 months, buoyed by higher and more stable oil prices, although regional political volatility remained a cause of concern for many.

  • Expo Centre Sharjah will host major international exhibitions during the 4th quarter of 2018

    Expo Centre Sharjah will host a variety of major international events, which includes economic and cultural exhibitions and conferences, during the fourth quarter of this year. The agenda of events will begin with the MidEast Watch and Jewellery show in October and end on December 14 with the China Trade Week.

  • Facing Extinction, the Power of Influence Offers Local Media a Lifeline

    Today, Ogilvy announced the findings of the second half of the 2018 Global Media Influence survey.  The survey found that nearly 60% of respondents worldwide believe that local media must adapt to the changing environment or face extinction.  Similar to global media outlets, local journalism has been significantly disrupted by the advent of new digital technologies and behaviors.

  • Family Offices enjoy a bumper year as investment performance more than doubles

    UBS, in partnership with Campden Wealth Research, has today launched its annual report on family offices globally. The Global Family Office Report 2018 surveyed principals and executives in 311 family offices around the world, with an average size of USD 808 million assets under management.

  • Festival Season to boost demand for Gold - Century Financial Weekly Market Report

    Currencies

    Trendline breakout

    S&P Global Ratings revised its risk trend on New Zealand to positive from stable after housingrelated imbalances in the economy moderated. GDP growth remained strong and the labour market continued to perform well. These factors, a steady interest rate environment and strong net migration signaled that the economy was in a relatively strong position.

  • Financial Institutions Can Out-Innovate Fintechs Through Greenfield Approach, According to Oliver Wyman

    The next big wave of innovation in financial services will be driven by incumbents starting with a blank canvas, according to Oliver Wyman’s 2019 State of Financial Services report titled “Time to Start Again” launched today at the World Economic Forum Annual Global Meeting in Davos.

  • Find a parachute as impact is close

    Throughout 2018 we have constantly said that investors should be defensive on equities and avoid the semiconductor and automobile industries due to the escalating trade war between the US and China. Valuations – especially in US equities, which are half of the global equities index – have reached levels where the risk-reward ratio is too low. Meanwhile, the Federal Reserve continues to normalise the Fed funds rate, communicating that rates are far from neutral. As the most important discount rate is lifted, it changes the dynamics, making growth stocks vulnerable and maybe setting the stage for a comeback in value stocks.

  • FireEye experts predict social media will play a critical role in regional cyber attacks in 2019

    FireEye, Inc. (NASDAQ: FEYE), the intelligence-led security company, today released its 2019 Security Predictions Report. Facing Forward: Cyber Security in 2019 and Beyond, taps into FireEye’s deep well of leadership and expertise to pull together a wide range of thoughts about what’s to come in 2019 and beyond.

  • Fixed income: Preparing for the slowdown

    Leaving a troubled summer behind

    We are emerging from a particularly eventful summer in the markets. We have seen the Argentine peso tumble, falling 50% year-to-date together with the Turkish lira which lost 38% of its value against the greenback, provoking a deep sell-off in sovereigns of these countries. Although things appear to have started to stabilise again, the reality remains alarming. Turkish political uncertainty continues to daunt investors, while in Argentina the $57.1 billion credit line provided by the International Monetary Fund may not be enough to pull the country out of its political and economic difficulties.

  • Forcepoint Reveals Cybersecurity Predictions for 2019

    Global cybersecurity leader Forcepoint today launched its 2019 Forcepoint Cybersecurity Predictions Report, with security specialists, behavioral intelligence researchers and data scientists providing guidance on the sophisticated threats facing organizations in the months to come.