About - Econytics

About Econytics

2018-03-25T08:06:41+00:00

Econytics is one of the leading independent economic research companies in (MENA) region. Our large team of more than 30 experienced economists provides award-winning macroeconomic, financial market, Labor force, Industrial development, Energy and sectoral analysis, forecasts and consultancy, from offices in Riyadh, Dubai, and Cairo

Founded in 2015, we have rapidly gained an enviable reputation for original and insightful analysis, and have built up a diverse and distinguished client base. The majority are in the public and government, financial sector, including some of the world’s largest investment banks and wealth managers, as well as smaller and more specialist firms. But we also have a growing number of corporate clients from a wide range of sectors and industries, and many relationships with governments and central banks, both in advanced and emerging economies.

Our publications are packaged into a wide range of services from which our clients can choose according to their needs (and budgets). These include overview services covering the global economy and financial markets, as well as country and regional services producing detailed research for Countries in the Middle East, and Northern Africa, in Addition we Offer wide range of services , including Economic research, Policy analyses, Business Intelligence, Economic Modeling Design and Implementation, and Statistical Data and Forcasts

Our economists are available for personal contact via telephone and email, and for presentations and webinars. We also host regular seminars for clients in Egypt, UAE, KSA, and Lebanon. In addition, we undertake bespoke projects and consultancy.

Why Econytics

2017-05-28T12:57:07+00:00

Compared to other independent providers of macroeconomic research, we have three outstanding qualities:

The quality and breadth of our staff. We employ more than 30 economists and a similar number of support and administrative staff. This is far higher than most of our competitors, and larger than the majority of economics teams at investment banks. Moreover, our key people all have extensive front-line experience of financial markets. Our economists work closely together to enable us to provide the full service which clients need.
The style and content of our research. It is concise, timely and written in a jargon-free and user-friendly style. We are acutely conscious of the competing pressures on our clients’ time. Accordingly, our research is designed so that clients can, if they so wish, quickly glean the essential message without reading the whole document.
The flexibility of our services. Our research is provided in a variety of different packages covering different geographies and sectors, with varying amounts of personal contact with our economists. This allows clients to select subject areas and packages which exactly suit their needs – and their budgets.

Why Pay for Research?

2017-05-28T12:49:26+00:00

Many potential clients naturally wonder why they should pay for economic research, given the large amount apparently distributed for “free” by investment banks and brokers. The answer is simple: because research is important and the quality is reflected in the price.

In reality, of course, clients are paying for bank and broker research through dealing spreads and commissions. But this research is rarely independent or unbiased. Independence has always been important in the conduct of research and the provision of advice. These days, though, bearing in mind recent history and the pressures on investment banks, it is probably even more important. This has now been recognized by the regulators around the world and it is increasingly appreciated by clients and commentators.

Our Research Philosophy

2017-05-24T18:35:26+00:00

Econytics is majority-owned by its management and staff, with no business in securities or other financial products. We are therefore independent and have no conflicts of interest. Our loyalties are quite simply to our clients, to whom we pledge to provide full, unbiased coverage and to “tell it as we see it”, whether that is good or bad.

Our economic philosophy is broad-based and pragmatic. The worst research is often based on dogma or “black box” , or generic economic models. Although we take full account of the existing generic models, and the will know sources of public economic studies and projections , and we do relay on them when required, we do not believe that there is any one generic model with "Fit all Sizes" and non would be adequately reliable for any specific study, and a careful understanding of the problem and data being Analyzed and full assessment of the condition and existing environment does enable us to create a custom tailored model or approach with a deep interpretation of existing data, would make the big difference between providing a text box academic generic empirical research and Practical real life application of the economic study

We are not afraid to challenge the conventional wisdom and stand out from the pack. This is reflected in our economic and market forecasts, which are often very different from the consensus. We avoid simply reporting past developments and aim instead to provide original and forward-looking analysis, with strong and clear conclusions.

When conducting an economic research about Global markets, Oil and Energy forecasts we do not make specific policy or asset allocation recommendations. But we do provide detailed analysis and forecasts for the performance of the main asset classes, and always seek to draw out the market implications of our economic views.

The paramount values which we seek to uphold are independence of thought, insight, clarity, brevity, accuracy and good judgment.

How Can the UAE Attract More Chinese Tourists?

2018-04-09T09:27:49+00:00

Tourism is a key contributor to the UAE’s GDP and experts predict that it is role is set to grow. Travel and tourism is expected to make up 12.4 per cent of the UAE’s GDP by 2027. The latter is evident when comparing tourist numbers over recent years. In the first 9 months of 2017, Dubai attracted 11.58 million tourists, showing a 7.5 per cent growth as compared to 2016. The largest number of visitors came from India, followed by China. However, since the UAE government announced that Chinese visitors would be granted visa-on arrival, the number of Chinese tourist arrivals increased by 46%, which represents the largest growth in tourist numbers.

Industry 4.0 to accelerate growth in the Middle East

2018-04-09T09:18:32+00:00

Industry 4.0, also termed as the fourth industrial revolution, refers to data exchange and automation in manufacturing technology. The revolution is driven by the Internet of Things (IoT), cloud computing, data integration and other technological advances; which have been introduced to production and manufacturing systems to optimize delivery processes.

The concept essentially aims to combine the individual processes and computing performed by factory machines and import them on a cloud system, allowing the workflow and management of machines to be handled remotely.

Forcast

2017-05-28T02:49:52+00:00

Many institutions engage in economic forecasting, including international organisations such as the International Monetary Fund, World Bank and the OECD, national governments and central banks, and private sector entities, including think-tanks, banks, consultants and companies. Some forecasts are produced annually, but many are updated more frequently.

Economists select which variables are important to the subject material under discussion. Economists may use statistical analysis of historical data to determine the apparent relationships between particular independent variables and their relationship to the dependent variable under study. For example, to what extent did changes in housing prices affect the net worth of the population overall in the past? This relationship can then be used to forecast the future. That is, if housing prices are expected to change in a particular way, what effect would that have on the future net worth of the population? Forecasts are generally based on sample data rather than a complete population, which introduces uncertainty. The economist conducts statistical tests and develops statistical models (often using regression analysis) to determine which relationships best describe or predict the behavior of the variables under study. Historical data and assumptions about the future are applied to the model in arriving at a forecast for particular variables.^[1]

The economist typically considers risks (i.e., events or conditions that can cause the result to vary from their initial estimates). These risks help illustrate the reasoning process used in arriving at the final forecast numbers. Economists typically use commentary along with data visualization tools such as tables and charts to communicate their forecast

who needs economic forcast, and why

Government Agencies and policy makers:

to be able to forcast a projection on the neer future to access what is needed to be don in the future to acomplish the government institutions' goals, andto analysses polocies

for private business it is emperical to be able to know what may happen in the future and anticipate economic shift even before a new policy is announce by the government and to have a full understanding of the international market

The Importance of Developing Your Company’s Economic Model

2017-05-26T03:21:15+00:00

A key component of any good business is the ability not only to keep up with numbers, and to do so accurately, but to understand the factors behind them. This is where economic models come in to play.

Software Engineering

2017-06-21T21:41:21+00:00

conducting the economic research of study by our team of economist is not always enough, since at advanytics we do use our own economic model systems that require on going enhancements and developing as well as creating our own state of the art presentation logic, build on state of the art technology