Thursday 20 June 2019

Corporate finance leaders optimistic on Mideast growth

Corporate finance leaders across the Middle East region remain optimistic for future growth despite economic uncertainty, according to a leading survey.   Senior finance executives are positive about the economy, the outlook for their companies and their investm


Oil and gas industry gearing up for robotics adoption

The oil and gas industry is gearing up to deploy robotics across a wide range of applications in the upstream, midstream and downstream segments, primarily to drive productivity and efficiency amid volatility in crude prices, according to GlobalData, a leading data and analytics company.


AI will save banking industry $1 trillion by 2030

The face of the banking industry worldwide has undergone and is still undergoing a dramatic transformation as a result of the disruptive effects of mind-blowing digital advancements that have dominated the 21st century. Artificial intelligence (AI) is one of these major disruptiv


Oil weighed down by demand concerns

The Bloomberg Commodity Index traded higher for the first time in four weeks. While growth-dependent commodities such as crude oil moved lower despite renewed concerns about stability in the Middle East, it was once again the agricultural sector that led from the front. The metal


Industry 4.0 shaping the future of sustainable business

The Middle East and Africa market for augmented and virtual reality is expected to grow to $6 billion by 2020, according to the International Data Corporation. As the digital trend continues to innovate, it will transform the future of sustainable business. Industry 4.0 has revol


Over 2.3 billion files exposed online, says expert

More than 2.3 billion files have been found inadvertently exposed online over the past year, reads a report from threat intelligence outfit Digital Shadows. The firm’s new ‘Too Much Information: The Sequel’ report follows up on the study’s previous iterati


Over 1bn mobile users in MEA by 2022: Cisco

There will be one billion mobile users in the Middle East and Africa by 2022, representing 58 per cent of the region's population, up from 798 million in 2017, said global networking leader Cisco in a new report. According to this year’s Mobile Visual Networking Index (


Shipments of cellular IoT modules hit 221m units in 2018

Global cellular IoT module shipments increased by 16 percent in 2018 to a new record level of 221 million, said Sweden-based M2M/IoT market research firm Berg Insight. Annual revenues grew faster at 24 percent, reversing the previous trend of decreasing average module prices. The


5G uptake even faster than expected: Ericsson

Rapid early momentum and enthusiasm for 5G has led global connectivity leader Ericsson to forecast an extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024. The June 2019 edition of the Ericsson Mobility Report forecasts 1.9 billion 5G subscription


Subscription-based IT services–Boosting cybersecurity

The way customers acquire goods has changed. They are no longer investing in ownership, but customization of on-demand delivery and fresh experiences. It’s clear that the subscription economy is here to stay with the explosive adoption of services like Amazon Prime and Netflix. &nb

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