The regional markets experienced a quiet week due to the EID holidays. With Egypt, UAE and Bahrain being the only markets opened last week, Egypt was down 2.6% with investors still waiting for any news regarding the IMF Loan and the devaluation of the EGP. Dubai and Abu Dhabi went down 1.05% and...
Written by Hussein Sayed, Chief Market Strategist at FXTM
The greenback ended sharply higher against it major currency peers on Friday, boosted by stronger than expected inflation figures for the month of August. The rises in medical costs along with higher rents were enough to offset the...
Ensuring high levels of security of data and systems, and guaranteeing business continuity are the top IT priorities among Middle East and Africa (MEA) decision makers in the healthcare industry for the next year or so, along with integrating siloed systems and advancing analytic capabilities,...
Falling consumer confidence and Saudi employment reforms continue to dampen the Middle East's once booming handset market, according to new figures from International Data Corporation (IDC). The global technology research and advisory services firm's latest 'Quarterly Mobile Phone...
Arab leaders across the GCC must be nurtured and empowered to deliver quality board directorship and the highest standards of corporate governance to positively impact business and society, says the GCC Board Directors Institute.
Speaking at the Institute’s first Breakfast Forum – a...
Sluggish demand from consumers across much of the Middle East and Africa (MEA) saw the region's tablet market shrink 13.3% year on year in Q2 2016, according to the latest 'Middle East and Africa Quarterly Tablet Tracker' from International Data Corporation (IDC). The global ICT...
Mimecast Limited (NASDAQ: MIME), a leading email and data security company, released new data* revealing that organizations globally believe they are their own worst enemy when it comes to cybersecurity, with 45 percent saying they are ill-equipped to cope with the threat of malicious insiders and...
The pride and happiness that comes with moving into a brand new home is not always balanced by the costs associated with furnishing it. In fact, it can tilt the scales quite dramatically.
As a newlywed couple recovering from wedding and honeymoon expenses, you may find the fact...
The Middle East and Africa (MEA) augmented and virtual reality market will grow strongly over the next five years, posting annual growth rates of more than 100% across the 2016–2020 period, according to the recently launched 'Worldwide Augmented and Virtual Reality Spending Guide'...
Saudi Arabia’s non-oil private sector continued on its upward trajectory in August, with business conditions improving to the greatest extent in a year. Output and new business remained the key growth drivers – both rose sharply and more quickly than in July. Employment and input stocks ...