report

  • 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.

  • 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.

  • 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.

  • 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.

  • Managing Higher Education Networks is More Challenging than Ever Before

    Infoblox Inc., the leader in Secure Cloud-Managed Network Services, today announced the results of its global survey on the state of network security at higher education institutions. Results reveal that 81 percent of IT professionals state securing campus networks has become more challenging in the last two years.

  • Marketers Need to Solve for Data Fragmentation and Quality Challenges to Deliver Stronger Shopper Experiences

    Criteo (NASDAQ: CRTO), the advertising platform for the open internet, today released the “State of Ad Tech 2019” report which evaluates how today’s marketers can successfully convert audiences throughout each stage of the purchasing journey. Criteo surveyed 901 direct response marketers in partnership with Euromonitor International, to better understand the challenges of converting customers in today’s complex digital ecosystem.

  • McAfee Labs 2019 Cybersecurity Threats Predictions

    The McAfee Labs 2019 Threats Predictions Report, identifies rising trends and how they are predicted to change the cyberthreat landscape in 2019. McAfee researchers expect malware-as-a-service families to strengthen, energizing the market for attack outsourcing and the evolution of increasingly innovative and agile attack methods. As a result, corporate data, home IoT devices and brand reputations will be under siege, with cybercriminals largely using social media, the cloud and mobile phones as increasingly prominent attack vectors.

  • MENA Data Center Spend to Reach Record USD 5 Billion by 2020

    As the Middle East accelerates its digital transformation and Smart Cities growth, regional data center spend will reach a record-high of USD 5 billion by 2020, industry experts announced today ahead of GITEX Technology Week.

  • Mimecast Report Reveals an 80% increase in Impersonation or Business Email Compromise (BEC) attacks

    Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced the availability of its latest quarterly Email Security Risk Assessment (ESRA), an aggregated report of tests that measure the efficacy of widely used email security systems.

  • Movement in oil prices expected to have an impact on investor sentiments – Allied Investment Partners PJSC Market Report

    Global markets continued the positive momentum during the week as investors focused on upbeat economic data and US Fed seems to be in no rush to tighten monetary policy. However the markets ignored the US shutdown, which seems to be without any resolution for now.

  • Multiple macroeconomic factors are supportive of higher gold prices - Century Financial Weekly Market Report

    Currencies

    Dovish Powell bullish for Euro

    The pair saw some downward pressure on better than expected US NFP data and worse than expected Euro area macro data outcome. Market continues to receive positive influence from Chinese central bank’s monetary policy easing which is further supported by positive sentiment surrounding investors’ hopes of favorable outcome in Sino U.S. trade talks which is seeing first face to face interaction post President Trump & Xi Jing Ping’s agreement last month during G-20 summit for a 90 day pause to ongoing tariff war between them. Last week, Fed Chair Jerome Powell state that rate hike plans for 2019 are not fixed and could change based on macro data outcome & economic scenario signaling that Fed is ready to pause rate hike if needed boosted equity market performance and also added substance to increased risk appetite which market is experiencing.

  • New government initiatives launched to stimulate real estate demand

    With conditions remaining soft across most sectors of the UAE’s real estate market in 2018, the government launched a number of new initiatives to boost demand.  In the year ahead, market performance will heavily depend on how quickly these investments and regulations have an impact, outlines JLL’s 2018 Year in Review report.

  • New report to highlight the impact of Dubai 10X projects

    Dubai Competitiveness Office is preparing a comprehensive report on the competitiveness of 26 approved projects submitted by 24 government entities in Dubai within the first edition of “Dubai 10X” initiative launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, Chairman of the Board of Trustees at Dubai Future Foundation.

  • New Study Finds Ways Controllers Can Elevate Their Strategic Role in Organizations

    IMA® (Institute of Management Accountants) and the Deloitte Center for ControllershipTM today announced the release of a report revealing that many controllers feel “boxed” into the traditional role of their title, performing operational analysis and budgeting, while few have the opportunity to move into seats at the executive table.  

  • New survey shows medical insurance is as important to expats as all other benefits combined

    The Willis Towers Watson 2018 Global Medical Trends Pulse Survey Report has revealed that healthcare costs rose by 10.7% more than the general level of inflation in 2016, and by 9.9% in 2017.

  • Oil prices are expected to stabilize at the back of OPEC decision to cut production – Allied Investment Partners PJSC Weekly Market Report

    U.S. markets ended the week on a negative note on the back of lower than expected jobs report coupled with ongoing trade war concerns.

  • Oil rallies on Opec+ production cut, gold breaks higher

    Commodities received a late boost after the Opec+ group managed to agree to a decent output cut; gold, meanwhile, received a bid following a weak US jobs report. The market’s overall focus stayed with the US-China trade war and the increased prospect of a US slowdown.

  • Oliver Wyman launches new report “New Players in the International Bond

    Governments across MEA have witnessed subdued economic growth and subsequent challenges in balancing fiscal budgets with the recent fluctuations in oil and other commodity prices. As a result, governments in the region have had to increase the use of sovereign debt as a financing tool, highlights the newly launched report by Oliver Wyman titled “New Players in the International Bond Markets: What next to manage debt successfully?”