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December 10, 2018

DXB customer numbers top 7m in October

Dubai International (DXB) started the final quarter of the year on a positive note with 7 million plus customers passing through its doors in October.

There was moderate growth in October (2.1% YoY), helping the hub’s traffic to reach 74.5 million passengers for the year.

Key facts and figures

Customers served: 7,007,823 in October (2.1%) taking DXB’s year to date numbers to 74,529,259 (+1.5%).

Baggage volumes: 5.7 million bags (+4%) passed through the airport’s sophisticated 175 km long baggage system during October.

Waiting Times: Thanks to the state-of-the-art operations centre at DXB which leverages real-time information to [...]

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December 6, 2018

Flawless Phishes, Monetisation and Intelligence: What’s Ahead for Cybersecurity in 2019

by Brian Pinnock, cybersecurity specialist at Mimecast

What lies ahead for companies, governments and individuals regarding cybersecurity in 2019? Will we see the EU government forcing US data centers to hand over data? Will the European Union issue its first major fines for organisations in contravention of its General Data Protection Regulation? Will our growing dependence on social media expose us to unwanted risks as our accounts become compromised?

The World Economic Forum recently placed cybersecurity as the fifth biggest global risk for doing business, with 19 countries ranking it as their number one concern, including 14 in Europe and North America, as well as [...]

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November 14, 2018

IMF Fall 2018 Regional Economic Outlook Report calls for reforms to build resilience and promote private investment and economic diversification across MENAP

Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), hosted the launch of the International Monetary Fund (IMF) Fall 2018 Regional Economic Outlook (REO) report for the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region.

The Report highlights economic growth in the region, with real GDP growth predicted to reach 2.7 percent across the MENAP region and 3.0 percent in the GCC in 2019. In the near term, higher oil prices and a slower pace of fiscal consolidation are supporting a positive outlook for most oil exporting countries.

The Report recommends that MENAP countries prioritise [...]

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October 29, 2018

IATA Forecast Predicts 8.2 billion Air Travelers in 2037

The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037.

The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next two decades, the forecast anticipates a 3.5% compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels.

The Association warned, however, that growth prospects for air transport, and the economic benefits driven by aviation, could be curtailed if protectionist measures are [...]

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October 23, 2018

IDC Forecasts Annual Technology Spending by Middle East & Africa Smart Cities to Total $2.7 Billion by 2022, with Dubai and Riyadh Leading the Way

Technology investments relating to Smart City initiatives across the Middle East and Africa (MEA) region will total more than $1.3 billion in 2018, according to the latest insights from International Data Corporation (IDC). The global technology research and consulting firm’s newly released Worldwide Semiannual Smart Cities Spending Guide shows that this figure is set to reach $2.7 billion in 2022.

“The new edition of IDC’s Worldwide Smart Cities Spending Guide represents a substantial stride towards gaining granular insight into how cities around the world are transforming,” says Serena Da Rold, program manager for IDC’s Customer Insights & [...]

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October 23, 2018

Mobility Gets on the Fast Track in Europe: Market Value to Reach Nearly $325 Billion in 2022

European spending on mobility solutions is forecast to reach $293 billion in 2018, according to a new update to the Worldwide Semiannual Mobility Spending Guide from International Data Corporation. IDC expects the market to post a five-year compound annual growth rate (CAGR) of 2.4%, leading to spending in excess of $325 billion in 2022.

Western Europe (WE) accounted for 78% of total mobility spending in 2017 and will remain by far the largest contributor in the wider European region, with a CAGR of 2.7% for the 2017–2022 period. At the same time, mobility expenditure in Central and Eastern Europe (CEE) will grow at 1.2%.

Mobility plays a central role in [...]

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October 8, 2018

Visa-SAMA Security Week to help consumers understand their role in securing digital commerce in Kingdom of Saudi Arabia

The Saudi Arabian Monetary Authority, represented by the National Payments System – mada, and the world’s leader in digital payments, Visa, launched Visa’s Security Week, an education campaign that aims to promote safe online shopping habits and provide consumers in the Kingdom of Saudi Arabia with tips and advice to protect themselves against payment-related fraud. This builds on last year’s KSA Security Week and emphasizes Visa’s commitment, as the leading digital payments company in the Kingdom, to protecting shoppers online and supporting the growth of the eCommerce market in Saudi Arabia, in line with Vision 2030.

Visa and SAMA surveyed consumers across Saudi Arabia [...]

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September 11, 2018

Spotify Deepens Relationship With Nielsen to Measure Effectiveness and Reach of Its Global Advertising Platform

Spotify and Nielsen announced an expansion of their relationship to include the adoption of Nielsen Brand Effect across Spotify in the U.S., Germany, Canada, Mexico, U.K., Spain, France, Netherlands, Japan and Australia. This will allow marketers to measure and optimize their national advertising on Spotify and gain a deeper understanding of how their ads resonate and affect brand lift with their target audience.

With the integration of Nielsen Brand Effect on Spotify, advertisers will be able to delve more closely into how their messages connect with audiences and examine the effectiveness of campaigns in raising brand awareness, perception and purchase intent. The [...]

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