Author: Arabian Media staff

Qrator Labs’ CTO Andrey Leskin/Image: Supplied The cybersecurity industry is facing a seismic shift with the emergence of PromptLock, the world’s first adaptive AI-powered virus. Built on open-source models, PromptLock can reconfigure itself each time it runs, making it virtually impossible to detect through traditional antivirus methods. It targets critical system files across Windows, macOS, and Linux, encrypting them for ransom while behaving differently on every machine. For small and mid-sized businesses in particular, this raises profound questions about resilience, cost, and strategy. In an exclusive interview with Gulf Business, Qrator Labs’ CTO Andrey Leskin unpacks how AI is reshaping…

The Ricardian vice refers to abstract model building and mathematical formulas with unrealistic assumptions. In simpler terms, the Ricardian vice is the tendency for economists to make and test theories that aren’t troubled by the complexities of reality, resulting in theories that are mathematically beautiful but largely useless for practical applications. The Ricardian vice is prevalent in economics and is named after David Ricardo, one of the first economists to bring mathematical rigor to the discipline. Key Takeaways The Ricardian vice refers to the practice of creating economic models with unrealistic assumptions, leading to theories that are appealing mathematically but…

Have you ever wondered about the alphabet soup of letters following a financial advisor’s name? There are almost 250 different financial advisor and professional designation certifications available, according to FINRA. Here are the top three (in no particular order): Key Takeaways Certified Financial Planners (CFPs) must complete rigorous education, pass a comprehensive exam, and acquire extensive financial planning experience. They are ethically bound to prioritize clients’ interests.Known for its prestige, the CFA designation requires passing three challenging exams and significant experience in investment fields. CFAs specialize in investment analysis and portfolio management.Issued by the AICPA, the PFS credential involves significant…

The prospect of a jobless growth economy has ramifications for everyone. An economy that is growing without showing concomitant growth in the number of jobs challenges investors, employees, and industries to adapt to the new economic order. When growth is coupled with high unemployment, it means that the economy is experiencing structural changes. This structural shift offers opportunities for some, difficult choices for others. Key Takeaways Jobless growth occurs when an economy grows without a corresponding increase in job opportunities, leading to persistent unemployment even during economic expansion.Structural changes in the economy can cause jobless growth. This means that many workers find their…

Riskalyze was founded on the premise that an investor’s risk tolerance can be quantified into a single number, which is then used to create a portfolio that matches this tolerance. It was founded by Aaron Klein, Michael McDaniel and Matt Pistone, who shared a common vision regarding the application of risk analysis. Headquartered in Auburn, California, it gained popularity with advisors who have found the single number system and an easy and effective way to market products and craft client profiles. They have in the past struggled to quantify risk as a way to market products or services.  Key Takeaways Riskalyze translates an investor’s risk…

Raymond Kairouz, GM of UAE at Chedid Re/Image: Supplied For an industry built on guaranteeing resilience, its own has been put to the test repeatedly, severely, and differently in nearly every global market. From geopolitical instability to inflationary pressures to regulatory growing pains, there have been plenty of reasons and motives to retreat from (re)insurance – in the region as much as elsewhere. Where others did just that, we consolidated and doubled down.    Markets defined by volatility demand a long-term playbook that is invested in their continuity, grounded in regulatory agility, and enabled by portfolio versatility. Over the last…

A diversified portfolio of high-performing mutual funds can provide an investor with an excellent vehicle for accumulating wealth. However, with thousands of possibilities to choose from, selecting the proper funds to invest in can be an overwhelming task. Fortunately, there are certain characteristics that the best-performing funds seem to share. Using a list of basic characteristics as a way of filtering, or paring down, the massive list of all possible funds available for consideration can greatly simplify the task of fund selection, as well as increase the probability that an investor’s choices become profitable. Key Takeaways  Mutual funds with low…

Image credit: Getty Images In a move to regulate a key sector and improve the urban experience, the Ministry of Municipalities and Housing has rolled out new requirements for transport rental offices and vehicle shelters across Saudi Arabia. The initiative is part of a broader strategic effort to stimulate investment and elevate the quality of life in Saudi cities. The new guidelines apply to facilities designated for land, sea, and air transport rentals, including rental offices and shelters, according to a Saudi Press Agency report. These requirements were developed in line with international best practices and in collaboration with relevant…

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link

There are many sector-specific and even company-specific risks in investing. In this article, however, we look at some universal risks that almost every stock faces, regardless of its business. Key Takeways Commodity Price Risk: Companies face risk from fluctuating commodity prices, which can affect businesses that both sell and use commodities. Rising prices can lead to reduced consumer spending, impacting the entire economy.Headline Risk: The media can drive market reactions through coverage, impacting businesses negatively or positively. A single news story can harm a company or sector, influencing stock prices.Rating Risk: Ratings from analysts are crucial for companies as changes…