INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

March sees GCC Index drop as heavyweight sectors lag

GCC equity markets experienced a March downturn, influenced by seasonal selling pressure during Ramadan, leading to a 3.0% drop in...

Economy

Ramadan influences consumer habits, retail strategy

The ongoing fasting month brings traditional practices and modern shopping habits together, impacting market trends significantly in the Gulf region.

Business
Economy

Priorities set to spur Saudi digital transformation

Organizations across the Kingdom are witnessing major DX impact in customer satisfaction, cost efficiencies, and data-driven insights, an IDC executive...
  • Organizations across the Kingdom are witnessing major DX impact in customer satisfaction, cost efficiencies, and data-driven insights, an IDC executive tells TRENDS
  • More than 50 percent of chief information officers in Saudi Arabia are now focused on transitioning their existing business models to digital ones, says an IDC report
Economy

Regulatory clarity to help GCC region unlock full potential of Metaverse, cryptocurrency markets

Data privacy, security, consent management, safety, integrity, equity, inclusion, accessibility, affordability, and protection of virtual asset ownership remain key concerns.
  • Data privacy, security, consent management, safety, integrity, equity, inclusion, accessibility, affordability, and protection of virtual asset ownership remain key concerns
  • The two technologies provide an opportunity to KSA and UAE to enable and accelerate non-oil use cases in the region and become hubs in the region and beyond
Business

Rising rates boost GCC banking sector’s net margin

The region's banking sector thrives in Q4-2022 with NIMs at multi-year highs and strong lending growth despite global banking crisis,...
  • The region's banking sector thrives in Q4-2022 with NIMs at multi-year highs and strong lending growth despite global banking crisis, highlights a report
  • The ongoing banking sector crisis in the US and Europe has limited impact on the region as GCC banks' exposure to these parts of the world remains minimal
Economy

Foreign realty ownership to diversify KSA economy

The move is likely to help regulate supply, bridge the gap between supply and demand, and create more demand for...
  • The move is likely to help regulate supply, bridge the gap between supply and demand, and create more demand for further development in the Kingdom, says an expert
  • The real estate sector plays a crucial role in the country's long-term plan to shift its economy away from oil dependence, adds James Elliot-Square of PRO Partner Group
Business

UAE to spend $20bn on digital tech in three years

The UAE aims to double the contribution of the digital economy to the GDP from 9.7% to 19.4% within the...
  • The UAE aims to double the contribution of the digital economy to the GDP from 9.7% to 19.4% within the next 10 years, and seeks to establish itself as an innovation hub
  • Govts must prioritize investments in digital infrastructure and R&D into frontier technologies such as AI and robotics, to enhance the digital economy's total factor productivity
Economy

Luxury, safety, modernity keep UAE hospitality ahead

The hospitality industry's future looks bright, with the GCC emerging as a major hub for both international and domestic travel,...
  • The hospitality industry's future looks bright, with the GCC emerging as a major hub for both international and domestic travel, Naim Maadad of Gates Hospitality tells TRENDS
  • Dubai's hospitality industry is bouncing back from the pandemic with both leisure and business trips on the rise, and the industry anticipating a prosperous year ahead, he adds
Economy

Sustainability prime focus as KSA invests heavily in modern cities, transforms building patterns

Urban development projects such as Cube and NEOM are aimed at improving the quality of life and creating a stimulating...
  • Urban development projects such as Cube and NEOM are aimed at improving the quality of life and creating a stimulating environment for foreign investments in the Kingdom.
  • The Saudi leadership seeks to establish good infrastructure for urban agglomerations, create an attractive and join the league of best cities in the world for housing
Economy

Global recession fear may affect UAE’s hiring rate

Companies are spending more on employee salaries and retention, such as increasing insurance premiums and investing in employee benefits, says...
  • Companies are spending more on employee salaries and retention, such as increasing insurance premiums and investing in employee benefits, Brian Habibi of Bayzat tells TRENDS
  • Although the UAE has remained extremely resilient, the market is not immune to global economic conditions, adds the Co-Founder and Chief Customer Officer of the platform
Arts & Culture

Unique platforms raise Arab women’s voices

Empowering women through platforms that allow them to tell their stories and express their opinions is crucial in achieving gender...
  • Platforms such as Womena help in empowering women in the Arab region by advancing their rights and taking initiatives for gender equality
  • It is crucial to recognize that women across the Arab world have the power to empower one another, says Womena founder Elissa Freiha
Economy

New Saudi law brings in new businesses, more FDI

The New Companies Law simplifies the procedures to set up foreign businesses in Saudi Arabia, and removes several restrictions, says...
  • The New Companies Law simplifies the procedures to set up foreign businesses in Saudi Arabia, and removes several restrictions, James Swallow of PRO Partner Group tells TRENDS
  • Since the new law's implementation, there has been considerable interest from companies to operate and invest in the Kingdom, says Swallow, adding that is generating employment

March sees GCC Index drop as heavyweight sectors lag

GCC equity markets experienced a March downturn, influenced by seasonal selling pressure during Ramadan, leading to a 3.0% drop in...
Economy

Company News

Latest News

Defying global trend, UAE leads Middle East IPO surge

The region's IPO momentum is driven by strong performances from entities like Dubai Taxi Company and a significant announcement from...
Business

Fintech fuels growth in Islamic finance sector

Islamic banking, making up 70% of the Islamic finance market's assets, is undergoing a transformative phase, fueled by fintech innovations...
Business

GCC banks navigate rising rates with record lending

Despite global credit risks, GCC banks thrive with overall lending growth, bolstered by strong performances in Saudi Arabia and the...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

Global food-security crisis nudges GCC to look inward

Billions of dollars are being invested into ventures to grow food in the GCC to make the arid, hot region...
  • The region is pouring investments into food manufacturing projects, such as dairy products, meat, poultry, fish, fruits, vegetables, and processed foods
  • The GCC governments have devised measures to support local farmers, with much of the focus on local farms and investments in farms outside the Middle East
Business

Conflict hits regional gas supply and infrastructure

The Israel-Hamas conflict has halted gas production at the Tamar plant, significantly impacting the region's infrastructure and disrupting Israel's gas...
  • The Israel-Hamas conflict has halted gas production at the Tamar plant, significantly impacting the region's infrastructure and disrupting Israel's gas exports.
  • The conflict poses risks to the regional energy sector, potentially affecting Egypt's gas supply and oil and gas prices due to tensions in the Strait of Hormuz.
Business

AI transforms office roles and enhances productivity

Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.
  • Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.
  • Chatbots and virtual assistants are set to enhance employee experience and workplace efficiency, while companies shift focus to outcome-based performance.