Demand for lifestyle experiences in GCC has increased: SHG CEO
Dubai, UAE -- Sunset Hospitality Group (SHG) is more than just a collection of hotels, restaurants, and beach clubs. Renowned...
Business
Gulf countries eye global metal recycling hub status
Amidst an electric vehicle market boom, a looming global shortage of crucial minerals such as lithium and cobalt threatens to...
Economy
Investigation
Qatar tops GCC region in food security
The country's National Food Security Strategy 2018-2023 is geared to increase the strategic stock of food commodities to ensure food...
- In terms of food security indicators, the country ranks first in the Arab world and 13th globally, according to the December 2019 World Food Security Index
- Qatar’s "National Food Security Strategy 2018-2023 is geared to achieve local food security and increasing the strategistock of food commodities
Economy
Banking on apps for personal finance
People in the Middle Eastern countries are increasingly relying on apps to manage their money, streamline expenses and other banking...
- TRENDS presents a list of apps that can be used to manage personal finances in UAE and elsewhere in the region, as well as those that can be used anywhere
- Middle East has one of the highest percentages of smartphone penetration in the world
Business
Arab influencers use Instagram for global branding
As the 'influencers' phenomenon gets popular on social media, many of them in the Arab world have ridden the Instagram...
- Instagram is currently one of the most powerful channels for brands and SMBs
- In the post-pandemic era, brands can be developed and sustained without physical stores
Economy
Digital upskilling key to MENA economic revival
About 70% CEOs in the Middle East believe that lack of digital skills is a threat to their businesses, a...
- An independent survey of Middle East CEOs conducted by Price Waterhouse Coopers in 2020 revealed that 70 percent believe that a lack of digital skills is a threat to their business
- A recent report by Korn Ferry, the US management consulting firm, predicts a global talent shortage of more than 85.2 million people by 2030
Interview
Expo 2020: Accenture enables ideal visitor interface
Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client...
- Accenture delivers an integrated solution at Expo 2020 Dubai right from designing, implementing, and running the platforms that power hyper-personalized guest experience
- Accenture supports Expo Live – an innovation and partnership program by teaming up with Smart Labour, a UAE-based Expo Live grantee helping blue-collar workers gain new skills
Arts & Culture
NFTs take Mideast art world by storm
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought...
- An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online
- They include data about the artwork or item, such as the artist's name, the date it was sold, and the buyer's identity
Expo 2020 DUBAI
Inside Saudi Arabia’s ‘window to the world’
The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's...
- The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's unlimited ambitions
- Visitors can also explore a giant digital kaleidoscope and an interactive digital floor at the exhibition's highlight in the 'Vision' space
Interview
Arab world warming up to data analytics: Expert
Data analysts are already helping businesses set marketing strategies, explains Jadd Elliot Dib, founder and CEO of Pangaea X.
- Through data analytics, SMEs can get a better understanding of their customers behavior
- Big Data has the ability to positively impact all industries in the region by creating new revenue streams
Interview
Amazon extends its cloud over Middle East
Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond...
- The new AWS Middle East UAE Region will have three Availability Zones and will be AWS' second Middle East region
- Customers with data residency requirements in the UAE can now store their data in the new AWS Region in UAE
Business
Taxation and confiscation to rein in crypto market
Last few years have seen a lot of tension between governments and central banks around the world, on the one...
- Concerns are rising that these currencies could be used to fund illegal actions and for money laundering.
- Several countries have taken strict measures to crack down on the industry that is viewed with suspicion uniformly across the world.
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Demand for lifestyle experiences in GCC has increased: SHG CEO
Dubai, UAE -- Sunset Hospitality Group (SHG) is more than just a collection of hotels, restaurants, and beach clubs. Renowned...
Business
Company News
Latest News
Eastward shift: GCC builds strategic ties with ASEAN
Trade between GCC and ASEAN doubles, marking a new economic collaboration era as Saudi Arabia, Qatar, Oman, and UAE enhance...
Geostrategy
Flying taxis: Saudi Arabia stares at sustainable skies
NEOM, the Kingdom's futuristic city, hosts Volocopter's pioneering eVTOL aircraft test flights, marking a substantial stride towards sustainable, smart mobility.
Business
$1.3trn mineral reserves shift Saudi focus to mining
The Kingdom, leveraging its significant copper reserves across the nation, seeks to address the global shortage, particularly crucial amid the...
Business
Most Read
Economy
Gulf economies pivot towards China: Multi-billion dollar investments strengthen relations
Economic ties between China and the Gulf region's largest economies, Saudi Arabia and the UAE, have surged since President Xi...
- The value of Gulf companies' acquisitions and investments in China this year increased by more than 1,000 percent yearly to $5.3 billion
- Abu Dhabi's sovereign wealth fund, the "Mubadala Investment Company," is expanding its operations in China to attract investments
Economy
Travel companies give wings to Saudi tourism aspirations
Fueling this ambition is an intricate web of travel companies, including tour operators, airlines, accommodation providers, cruise lines, and destination...
- The Kingdom, aiming to draw 100 million yearly visitors by 2030, is planning to invest over US$1 trillion in tourism over the next decade
- Travel companies play a key role in promoting Saudi tourism, developing packages, and collaborating with public sector entities
Business
GCC project awards surge by 86% to $49.7bn in Q2
The highest quarterly project awards value in over five years showcases the region's determination for diversification, and reflects the strength...
- The highest quarterly project awards value in over five years showcases the region's determination for diversification, and reflects the strength of GCC economies
- Saudi Arabia leads as GCC's largest projects market, while the UAE experiences a 127 percent surge, reaching US$12.2bn in the second quarter of 2023