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.

Empowering Arab women Sheikha Bodour’s key focus

Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and continuous learning in leadership roles...

Interview

Diversification helps GCC surge in global markets

Gulf economies are witnessing transformative growth and resilience with the UAE, Saudi Arabia, and Qatar leading the way in global...

Economy
Business

Unified financial network set to boost Gulf economies

GCC countries are accelerating economic integration by activating the financial links between companies, banks, and stores to make life smoother...
  • GCC countries are accelerating economic integration by activating the financial links between companies, banks, and stores to make life smoother for citizens and residents
  • The Central Bank of Saudi Arabia recently launched a point-of-sale service between its national payments network "Mada" and the Qatar national network "NAPS"
Business

Gulf countries get more adaptable to open banking

The GCC region is now witnessing an increase in adoption of open banking system and implementation plans are being put...
  • The GCC region is now witnessing an increase in adoption of open banking system and implementation plans are being put in place as regulators set new market policies
  • Tarabut Gateway -- the first and largest open banking platform in MENA and a licensed AIS and PIS provider -- obtained the first open banking license ever issued in the UAE
Business

Demand boost, price rise lift profits of Gulf oil firms

GCC countries have witnessed financial surpluses in their budgets for the first time in a long time on the back...
  • GCC countries have witnessed financial surpluses in their budgets for the first time in a long time on the back of increase in oil prices, strengthening their credit ratings
  • Saudi Arabia, the largest OPEC producer, is among the first to benefit from the surge in oil prices and an increased demand, with a $21 billion surplus in the first quarter
Analysis

Policies, infra make Dubai hub for talent, innovation

For decades, the emirate has been a global player with a plethora of capital, talent, corporate tax incentives and ground-breaking...
  • For decades, the emirate has been a global player with a plethora of capital, talent, zero corporate tax and ground-breaking technologies, says the latest BCG report
  • Dubai's unfettered access to global consumer markets makes business activities such as innovation, hospitality, logistics and tourism easier to perform than anywhere else
Business

Metaverse unrolls new prospects, risks for insurance

Many risks companies face in the real world exist in the metaverse, albeit with a digital twist, requiring insurance players...
  • Many risks companies face in the real world exist in the metaverse, albeit with a digital twist, requiring insurance players to come up with a new set of liability policies
  • Many metaverse projects feature content creation that may implicate IPR, thereby triggering the same coverages or, potentially, commercial general liability coverage
Business

Macroeconomic issues may hit logistics across GCC

The Covid-19 pandemic, regional lockdowns, and Ukraine war have been disrupting trading lane in air and maritime freight, affecting the...
  • The Covid-19 pandemic, regional lockdowns, and Ukraine war have been disrupting trading lane in air and maritime freight, affecting the global supply chain, say experts
  • Saudi Arabia and the UAE are both striving to reduce operational costs and facilitate faster deliveries by adopting smart port technologies and integrating port value chain
Analysis

Challenger banks struggle for market share in GCC

Net sentiment for traditional banks is higher than those for challenger banks as the former have a long history in...
  • Net sentiment for traditional banks is higher than those of challenger banks as the former have a long history in the market and have proved to be trustworthy and reliable.
  • Today consumers expect speed, efficiency and reliability from banks. The digital revolution also creates an opportunity to increase financial inclusion in the Gulf region
Business

Retaining customers rattles retailers as sales drop

From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work...
  • From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work harder
  • During the pandemic, nearly 40 percent switched brands or retailers, and more than 80 percent developed new shopping habits, says a recent McKinsey study
Business

COVID-19 helps GCC grow its appetite for digital banking

Banks in the Gulf region were already on the path towards digitization, but the pandemic became the catalyst for accelerated...
  • More than 80% consumers now prefer to do their banking online rather than visit a physical branch, while around a third feel their bank provides weak online banking services
  • As the pandemic recedes, banks may continue with enhanced customer engagement online, which will pave way for physical branches to deliver more complex and high-value activities
Business

GCC ripe for digital banking growth

A high penetration of digital technologies and a tech-savvy younger consumer base among the factors that make the region a...
  • Internet usage in the GCC is relatively high, with 82 percent penetration in Qatar, 78 percent in the UAE, 62 percent in Oman, 55 percent in Bahrain and 41 percent in Saudi.
  • The market size of the e-commerce industry in the region was expected to grow from $24 billion in 2020 to $50 billion by 2025.

Empowering Arab women Sheikha Bodour’s key focus

Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and continuous learning in leadership roles...
Interview

Company News

Latest News

Middle East conflict may disrupt global trade routes

Recent developments spark concerns that the conflict, which is spreading across the region, presents a long-term threat to global energy...
Geostrategy

Huge investments propel GCC project sector growth

The GCC project sector, one of the world's most dynamic, has recorded a significant surge in project awards, reaching $41.8...
Economy

Policy and infra drive Dubai’s global rise

The emirate's pro-business policies, dedicated trade zones, and emphasis on tech innovation position it as a premier financial hub, George...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Security risks hit gas flow amidst Israel-Hamas row

Israeli decision to suspend gas supply from Tamar field due to security concerns affects energy and gas sector, resulting in...
  • Israeli decision to suspend gas supply from Tamar field due to security concerns affects energy and gas sector, resulting in weekly losses of hundreds of millions of dollars
  • Chevron shifts gas exports as Israeli government declares market emergency, while local supply maintained with power plants ready with alternative fuels for energy stability
Geostrategy

Gulf Common Market aims for economic unity by 2025

The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between...
  • The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between Gulf countries through joint economic action
  • Additionally, the Gulf Common Market will also contribute to regional political stability, bolstering military cooperation and enhance tourism and investments in the region
Economy

Dubai’s sustainable vision beyond skyline

Dubai is prioritizing renewable energy, sustainable design, water conservation, and biodiversity protection. Its commitment to a sustainable future showcases its...
  • Dubai, renowned for its iconic skyline and luxury, is now leading the charge against climate change with investments and initiatives such as Dubai Clean Energy Strategy 2050
  • The emirate prioritizes public transit, electric vehicles, and waste-to-energy solutions, placing global collaboration and partnerships at the heart of its climate strategy