The global catering services market is projected to grow at a steady CAGR of 4.5 percent, according to Beroe Inc., a procurement intelligence firm. Based on recent valuations, the value of the catering services market is highest in Europe, worth $218.1 billion, growing at a rate of 3-4 percent, while the LATAM market has had the lowest value of $23.74 billion, growing at a rate of 2-3 percent.
The catering services market is expected to have the highest growth in the APAC projected to grow at an annual rate of 7-8 percent until 2021. While Singapore and Hong Kong have high market maturity and Japan and Australia have medium maturity the remainder of APAC has low market [...]
Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced the launch of a new website that delivers key insights into the burgeoning markets of Africa. Titled ‘Africa Gateway,’ the online portal acts as a rich knowledge resource designed to equip users with essential information on the most promising countries in the continent to do business, with statistics, strengths and weaknesses, challenges and opportunities the main elements.
Accessed via Dubai Chamber’s website at https://africagateway.dubaichamber.com/ , Africa Gateway currently provides an extensive business overview of 10 African countries; Angola, Côte d’Ivoire, Ethiopia, Ghana, Kenya, [...]
SANS 2019 State of OT/ICS Cybersecurity Security Survey Also Finds Mobile Devices, Wireless Networks and Cloud Services Increase Cyber Risk
People remain the greatest threat to industrial control systems (ICS) and associated networks, according to a new SANS survey focused on better understanding cybersecurity risks to operational technology (OT) systems. More than half of respondents also see the cyber risks to their safe and reliable operations as high or higher than in past years.
Three hundred and forty-eight security professionals worldwide, representing IT, OT and hybrid IT-OT domains provided their thoughts in the SANS 2019 State of OT/ICS Cybersecurity [...]
The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE rose to the highest level since October 2014 last month, posting 59.4 on the back of faster growth in output/ activity and new work. Output rose at the fastest rate on record in May, as did new export orders. The improvement in overall demand was thus partly due to external demand, particularly from Saudi Arabia and Oman.
Price discounting likely also supported the strong growth in new work and output last month. Selling prices declined for the 8th month in a row, highlighting the competitive environment that businesses are facing. While input cost pressures were relatively muted [...]
Third Annual State of Email Security Report Reveals a Major Increase in Targeted Attacks Like Impersonation Fraud, Spear Phishing and Business Disrupting Ransomware
Mimecast, a leading email and data security company, today unveiled its third-annual State of Email Security report. The reportincludes insights from 1,025 global IT decision makers, including the UAE. As cybercriminals continue to use email as a primary vehicle to steal data and deliver advanced threats, the results of this research provide valuable insights and trends around what’s affecting organisations the most and how they can improve their overall security posture.
Social engineering attacks [...]
Dubai’s non-oil private sector economy expanded at a faster rate in March. Total business activity (output) increased at the fastest rate since January 2015. Moreover, two of the three key monitored sectors – travel & tourism and wholesale & retail – posted series record increases in activity. With new business growth also accelerating, expectations for the next 12 months were the second-strongest on record, just shy of January’s peak. Price discounting, particularly in the wholesale & retail sector, was likely a key driver of demand in March.
The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite indicator [...]
Report by Ponemon Institute for Tenable finds 62% of respondents said their organizations have suffered multiple attacks
Tenable, the Cyber Exposure company, released the ‘Cybersecurity in Operational Technology: 7 Insights You Need to Know’ report, an independent study by the Ponemon Institute. The study identifies the true extent of cyberattacks experienced by critical infrastructure operators — professionals in industries using industrial control systems (ICS) and operational technology (OT). It found that 90% of respondents stated their environments had been damaged by at least one cyberattack over the past two years, with 62% experiencing two or more attacks. [...]
Mike Sherman, Neil Gains, and NewMR have partnered to investigate issues surrounding the quality of market research reports in 2019. Some of the questions being addressed in the study are:Whether people believe the quality has been improving or not?What are the key determinants of a good report?Whether the views of the writers of reports differ from those who read them?
To help explore this topic, a survey has been created and we invite our readers to take part in a survey by clicking here
Hear the results via Webinar
Mike Sherman, Neil Gains and the NewMR team will be presenting the findings from this project in a NewMR webinar on Tuesday 30 [...]