Studies and reports

Tenable®, Inc., the Cyber Exposure company, today announced that its research team has discovered multiple vulnerabilities in Verizon Fios Quantum Gateway routers. If exploited, the vulnerabilities would give an attacker complete control over the router and visibility into everything connected to it. Millions of these devices are currently in use in U.S. homes.

Many of today’s most pressing business problems require creative thinking to solve them, and creativity is an essential ingredient for business growth. Creativity and Innovation in the MENA poll conducted by Bayt.com, the region’s number one job site, shows that nine in 10 jobs nowadays require creativity and innovation.

With the Saudi government’s ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah’s residential sector is expected to gain momentum, highlights JLL’s Q1 Jeddah Real Estate Market Overview report, launched at Cityscape Jeddah today.  This comes as the Kingdom aims to increase the real estate sector’s contribution to GDP to 10% by 2020, up from 5%.

Global equity markets closed the week on a positive note on the back optimism over the progress in trade talks between the US and China. Additionally, the better than expected hiring in the US during the month of March has also reassured the growth after a disappointing jobs report in the previous month. Brent crude oil prices rose by 2.85% during the week on the back of tightening supplies, extending the YTD gains to 30.74%.

The problems facing the Eurozone economy are neatly illustrated by fresh German data showing soft exports and contracting factory orders. While Chinese fiscal stimulus should help get Europe’s biggest economy back on track, expansionary fiscal policy across the bloc, as well as interest rate normalisation, are also necessary to ameliorate the ills of the euro area as a whole.