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.

Supply chain challenges hit Ramadan retail rush

Logistical adaptations, strategic planning, and forecasting essential for addressing the unique demands of increased consumption during Ramadan, says Aramex's Tarek...

Business

Digital innovation spurs gender parity in Middle East

Technology, from digital platforms to AI, offers a transformative avenue for empowering women, says Isabel Neiva of Kearney Middle East...

Business
Business

Online spending set to rise as MENA shoppers start looking for products, offers ahead of holiday season

Consumers in the UAE, Saudi Arabia and Egypt are among the most excited to search for Black Friday compared to...
  • Consumers in the UAE, Saudi Arabia and Egypt are among the most excited to search for Black Friday compared to Brazil, UK, and US, Google’s internal data suggest
  • About 60 percent in the UAE and Saudi Arabia look for new products and brands when browsing online during the sales season, the Google's study highlights
Business

Post Covid, shopping centers in UAE adopt experiential community approach to attract customers

Through the new concept, retailers and shopping centers in the Gulf country are giving a customer a whole experience, in...
  • Through the new concept, retailers and shopping centers in the Gulf country are giving a customer a whole experience, in some cases both in-store and online
  • The experiential community strategy involves getting businesses via flexibility, where brands can stay for a period and decide whether to remain permanently.
Business

New technologies bolster GCC-Asia trade relations

Beyond oil and gas, Gulf companies have made some strategic investments in sectors with strong potential for growth, including fintech,...
  • GCC and Asian countries are benefitting from technological advancements, which has potential to make cross-border trade more efficient, inclusive and equitable for SMBs.
  • Gulf countries, led by the UAE and Saudi Arabia, have been investing in Asian technology companies and incentivizing them to launch operations in the region, says an expert.
Analysis

Crypto betting sites on sports gain popularity as game prediction market grows across MENA

Crypto betting in sports has become a booming market due to the increasing number of sports fans and their desire...
  • Crypto betting in sports has become a booming market due to the increasing number of sports fans and their desire to wager on athletes and tournaments
  • There has been a rise in the number of betting sites accepting crypto and new blockchain-based betting sites
Business

GCC chemical companies lesser exposed to market risks than their European counterparts

Chemical companies in the Gulf region are likely to cope relatively well with the current stresses of rising rates and...
  • Chemical companies in the Gulf region are likely to cope relatively well with the current stresses of rising rates and higher energy costs, says a recent report.
  • Market conditions for commodity chemical companies have improved notably over the past 15-18 months on the back of rising oil prices, it adds
Business

Middle East region now has a new address for business centers: Downtown

Close to 200 years after the business hub of New York City was named as downtown, the word has entered...
  • Saudi Crown Prince Mohammed bin Salman announced the establishment of Saudi Downtown Company
  • The Downtown Jeddah project will cover 5 million square meters and house more than 58 thousand people, likely to be completed in 2029
Business

Customers feel better with ‘Buy Now, Pay Later’ plans

Buy Now, Pay Later services provide customers the functionality of credit cards-- easy payments with no cash. But BNPL usually...
  • BNPL providers pay retailers upfront and lend money to customers while taking on all of the program's administrative costs and credit risk. 
  • The appeal of BNPL also lies in the fact that vast amounts of consumer data can be used by retailers to enhance customer loyalty by offering more targeted products.
Interview

Sustainability key focus of GCC automotive industry

Current trends in the automotive sector such as zero-emission vehicles and carbon-neutral manufacturing demonstrate the growing importance of sustainability, says...
  • BMW Group is placing sustainability at the center of their strategic direction across all divisions, says a key BMW Group Middle East official
  • By 2030, BMW will release around 10 million fully electric vehicles onto the roads, adds Hamid Haqparwar, Managing Director at BMW Group Middle East
Economy

Gulf citizens wealthier as oil boom raises revenue

Qatar ranks first in the Arab world and the Gulf region with an annual per capita share of around $183,000,...
  • Bahrain ranked fourth in the Gulf and the Arab world, with an average per capita wealth of $98,000.
  • Oman was ranked sixth in the Arab world and the Gulf, with an annual GDP per capita of about $39,433.
Business

Startups adopt new strategy to survive post pandemic

Post pandemic, startups, SMEs, and entrepreneurs must adopt a new mentality to scale their enterprises and survive, says Awfa Mustafa,...
  • The classic challenges that startups face revolved around getting funds, managing cash flow and acquiring the necessary skills and talents.
  • During and after the pandemic everyone went online all of a sudden and no one was prepared for this shift, even though many startups thought they would benefit from it.

Supply chain challenges hit Ramadan retail rush

Logistical adaptations, strategic planning, and forecasting essential for addressing the unique demands of increased consumption during Ramadan, says Aramex's Tarek...
Business

Company News

Latest News

Gaza unrest poses risk to oil markets, global growth

Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...
Economy

Dubai sets 75% renewable goal by 2050

The emirate’s solar energy capacity has increased by over 100 times in the past decade, and the cost of solar...
Business

Are neobanks challenging traditional players in UAE?

While the digital revolution continues to unfold, the core of customer trust and regulatory frameworks stays unshaken, shaping the future...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

Global trade at a crossroads as Gaza conflict intensifies

With Suez Canal's pivotal role in global commerce, any disruption may send shockwaves through markets worldwide, challenging the resilience of...
  • With Suez Canal's pivotal role in global commerce, any disruption may send shockwaves through markets worldwide, challenging the resilience of international supply chains.
  • The region's conflict may intensify the factors impeding trade growth, alongside other issues such as rising rates, crisis in China's realty market, and Russian-Ukrainian war.
Business

Conflict points to economic shift in Arab-Israel ties

Bahrain's expulsion of Israel's ambassador and halted trade may foreshadow a broader economic realignment in the Middle East, threatening key...
  • Bahrain's expulsion of Israel's ambassador and halted trade may foreshadow a broader economic realignment in the Middle East, threatening key regional trade pacts.
  • Israel's strategic gas deals and burgeoning trade with Arab nations, including a potential UAE free trade deal, will be affected if the Gaza conflict escalates further.
Market Report

Gulf markets tumble amid rising geopolitical concerns

As the Gaza conflict intensifies, GCC equity markets face significant downturns, with Qatar leading the losses, while Saudi Tadawul secures...
  • As the Gaza conflict intensifies, GCC equity markets face significant downturns, with Qatar leading the losses, while Saudi Tadawul secures year-to-date gains, says a report.
  • Qatar Stock Exchange plans to shorten settlement cycles to reduce risk as Kuwaiti benchmarks and Abu Dhabi's FTSE ADX index falter, while Dubai market's positive run halts.