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ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

SMEs in UAE confront expense management challenges

Digital solutions, including innovative expense management platforms, may help in transforming the administrative landscape for SMEs, a latest report points...

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Doha, Dubai most competitive job markets globally

Despite international scrutiny over labor practices, Qatar and the UAE continue to attract job seekers with attractive policies like tax-free...

Extended reality: XR tech transforms GCC businesses

XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region,...

VR, AI help executive education flourish across GCC

Executive education in GCC countries is being driven by economic diversification and technological trends, Peter Zemsky, Deputy Dean of INSEAD,...

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Govt investments play key role as gaming revolution sweeps MENA with 60% population embracing esports

MENA region boasts one of the highest shares of gaming mobile app downloads, accounting for 50 percent compared to the...
  • MENA region boasts one of the highest shares of gaming mobile app downloads, accounting for 50 percent compared to the global average of 40 percent, says a latest BCG report.
  • Game streaming is projected to touch 200 million users by 2025 as mergers and acquisitions fuel gaming industry growth with 650+ deals in the first half of the year 2022

Strong economy, innovation shield GCC banks

GCC banks, which are recognized for their sophistication and maturity, have minimal exposure to the ongoing global crisis due to...
  • The Gulf banking sector's resilience and adaptability position it well to navigate the current global landscape, ensuring continued growth and stability, say experts
  • GCC banks, which are recognized for sophistication and maturity, have minimal exposure to the crisis due to robust regulations by regional regulators, they add

GCC digital banking targets $2trn with cloud services

GCC authorities, however, acknowledge the accompanying challenges and are developing regulations to enhance digital banking experiences. A key requirement is...
  • The next phase of the digital revolution in the region will see 5G services reaching two-thirds of the population by 2026, enhancing the end-to-end customer experience
  • By 2025, Saudi Arabia aims to boost fintech GDP contribution to $ 1.2bn and increase the number of fintech players. UAE and Kuwait are also making strides in digital banking.