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Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

GCC ramps up ESG efforts amid green investment push

Businesses are getting ready for COP28 by moving from starting ESG programs to growing them, and those who know the...
  • Businesses are getting ready for COP28 by moving from starting their ESG programs to growing them, and those who know the benefits of ESG Reporting may gain a lot, say experts
  • Companies in the region have also been cautioned against viewing ESG as synonymous with Corporate Social Responsibility or merely as a "tick the box" obligation

Data democratization a ‘game-changer’ for businesses

Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in...
  • Experts highlight need for data literacy, good governance, and stringent security measures as data democratization revolutionizes decision-making in businesses in the region
  • Businesses in the region urged to take data security measures like threat detection, encryption, and anomaly detection as essential drills in this era of data democratization.

Data set to drive GCC telecom growth in 2023

Mobile data service revenues are expected to reach 60 percent of the total GCC mobile service revenues by 2026.
  • The GCC mobile market is forecasted to grow meagerly at a CAGR of 1.9 percent during 2021-26. 
  • To arrest a further decline in voice revenues, mobile operators have been selling mobile voice and data service bundles.

Sustainable digital shift in GCC need of the hour

Sustainability remains key focus as the UAE and Saudi Arabia speed up digitalization, which has been the fundamental pillar of...
  • Gartner expects that by 2025, 50 percent of chief information officers (CIOs) will have performance metrics tied to the sustainability of the IT organization.
  • In the Arab Gulf, national economic visions aimed at alleviating petrochemical dependence have put renewable energy sources front and center.

Reforms in tax and visa rules to drive UAE’s growth

The introduction of new laws regarding the ownership structure of mainland companies may boost the Gulf country's economy in 2023...
  • The UAE is expected to become the fifth country within the Gulf Cooperation Council to have a corporate tax regime, say experts in the region
  • The new visa system offers 60 days visit visa, a five-year multi-entry tourist visa, a job exploration visa, a five-year green visa, and a 10-year golden visa

UAE free zone residence visas now valid for two years

The visas currently under process, even those in the last stages of completion, will also be valid for two years...
  • The decision comes into effect from October 3, 2022. Earlier, the residence visas were valid for three years.
  • The UAQ Free Zone says that all residence visas or Emirates IDs issued for three years will be valid until renewal.

‘Mobile-first mindset’ rules companies in Middle East

With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile...
  • With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel
  • However, it’s not just about having a mobile app, it’s also about delivering an exceptional user experience and being able to integrate mobile with any other channels seamlessly

Cyberthreats put critical infra at risk in Middle East

Top cyber security experts speak to TRENDS about primary threats to critical infrastructure providers and how to build effective defenses.
  • The impact of some cyber attacks was felt far beyond the organizations impacted directly and, in some cases, across the world.
  • Gartner recently reported that only 60 percent of organizations globally protect endpoints.

Fuel prices drive demand for hybrid vehicles in UAE

While some buyers are opting for smaller compact SUVs and electric vehicles, others are putting their purchase decisions on hold...
  • UAE fuel prices jumped around 75 percent since January 2022. Super 98 petrol price increased to Dh4.63 ($1.26) per liter in July 2022 compared to Dh2.65 per liter in Jan 2022.
  • Rising petrol prices in the UAE are pushing small businesses and private individuals to switch from vehicle ownership to rentals.

Digital payments scan success in UAE, but scams too

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business...
  • The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS
  • As more banks and financial services companies adopt financial technology, newer and innovative ways of digital payments are emerging in the UAE, experts point out

Real-time carbon footprint data crucial for effective actions, reducing emissions

AI-powered tools are crucial for measuring emissions accurately, enhancing accountability in achieving climate goals, Naim Yazbeck, the General Manager of...

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Data set to drive GCC telecom growth in 2023

Mobile data service revenues are expected to reach 60 percent of the total GCC mobile service revenues by 2026.

Sustainable digital shift in GCC need of the hour

Sustainability remains key focus as the UAE and Saudi Arabia speed up digitalization, which has been the fundamental pillar of...

Reforms in tax and visa rules to drive UAE’s growth

The introduction of new laws regarding the ownership structure of mainland companies may boost the Gulf country's economy in 2023...

Most Read

‘Mobile-first mindset’ rules companies in Middle East

With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile...
  • With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel
  • However, it’s not just about having a mobile app, it’s also about delivering an exceptional user experience and being able to integrate mobile with any other channels seamlessly

Cyberthreats put critical infra at risk in Middle East

Top cyber security experts speak to TRENDS about primary threats to critical infrastructure providers and how to build effective defenses.
  • The impact of some cyber attacks was felt far beyond the organizations impacted directly and, in some cases, across the world.
  • Gartner recently reported that only 60 percent of organizations globally protect endpoints.

Fuel prices drive demand for hybrid vehicles in UAE

While some buyers are opting for smaller compact SUVs and electric vehicles, others are putting their purchase decisions on hold...
  • UAE fuel prices jumped around 75 percent since January 2022. Super 98 petrol price increased to Dh4.63 ($1.26) per liter in July 2022 compared to Dh2.65 per liter in Jan 2022.
  • Rising petrol prices in the UAE are pushing small businesses and private individuals to switch from vehicle ownership to rentals.