INSEAD Day 4 - 728x90

EasyLease H1 profit $12.2m

Revenue rises on stronger operations.

FAB profit edges higher

Income growth supports steady earnings.

UAB H1 profit climbs

Income, lending drive first-half growth

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

Innovation key to solving Gulf water woes

  • World Economic Forum says the Middle East and North Africa is one of the most water-scarce regions in the world.
  • For years, the water crisis has exacerbated conflict and political tensions, while UNICEF says 90% of children in the region live in water stress areas.

Dubai, UAE — A World Economic Forum article, which was part of the Forum’s annual meeting this year, said the Middle East and North Africa (MENA) is one of the most water-scarce regions in the world. For years, the water crisis has exacerbated conflict and political tensions. Moreover, the article said, the issue continues to significantly impact the health and wellbeing of people in the area, especially women and children. In fact, according to UNICEF, nearly 90 percent of children in the region live in areas of high or extremely high water stress. There is an urgent need for taking measures before the situation gets out of hand. TRENDS takes a look how the region can overcome its water woes: