Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Funding key challenge for Middle East innovators

Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking...

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

What’s keeping CIOs across Middle East up at night?

Lack of relevant skills, constant innovation in a highly disruptive world while keeping in mind budget constraints and cybersecurity remain...
  • Lack of relevant skills, driving constant innovation in a highly disruptive world while keeping in mind budget constraints and cybersecurity remain key concerns, says IDC official
  • Cybersecurity spending in the region is about US$4.8bn with prominent spenders being the public sector followed by banking and financial services, telecom and oil & gas, he adds

Middle East faces a few hurdles in ESG investments

Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on...
  • Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on hydrocarbons, says an expert
  • Efforts should also be made to make decisionmakers understand the financial aspects of ESG on businesseses, adds Sunil Rana, Founder and CEO of Vyzrd

‘Ambush marketing’ may spoil the game as businesses across GCC get ready to gain from Qatar World Cup

As the world gears up for the FIFA World Cup 2022 in Qatar, the positive ripple effect is being felt...
  • As the world gears up for the FIFA World Cup 2022 in Qatar, the positive ripple effect is being felt in the business fraternity across the Gulf region, especially in the UAE
  • The mega sporting event is set to benefit almost every sector of the regional economies with tourism, hospitality, F&B, retail, real estate and entertainment gaining the most

Clean beauty sector grows, so are greenwashing risks

In a positive development, the cosmetic industry at large is becoming greener. Approaches, however, are not always uniform or holistic...
  • In a positive development, the cosmetic industry at large is becoming greener. Approaches, however, are not always uniform or holistic across the board, say experts
  • Greenwashing generates skepticism in consumer mind when they find out that something they thought was true is not, add industry players

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure

MENA gaming sector plays well with new technologies

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading...
  • The region's gaming industry is estimated to be worth $5bn by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar
  • Although a spike in gaming consumption was driven by the pandemic, sustained growth is expected owing to a combination of factors, says market players

50 days on, ‘nothing changes’ for UAE delivery riders

Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...
  • Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders
  • It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders

Widening cultural offerings add to Dubai’s growth

Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and...
  • Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil tells TRENDS
  • The Dubai Creative Economy Strategy seeks to raise the economic contribution of the creative economy to 5 percent of the emirate’s GDP by 2025

Fuel costs, falling pay add to UAE gig workers’ woes

Nothing changes for delivery workers of online food delivery aggregator platforms even as they resume work after protest against low...
  • Even as social media was flooded with comments demanding better treatment and fair pay for the riders, nothing changed and they eventually went back to work
  • The gig economy is coming under pressure from governments around the world as they look to enact protective policies and regulations, says a food critic and blogger

GCC media outlets think outside the box to stay afloat

Reeling from a calamitous drop in advertisement revenues and public trust, news media organizations are reworking strategies to create "niche"...

Company News

Latest News

Middle East faces a few hurdles in ESG investments

Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on...

‘Ambush marketing’ may spoil the game as businesses across GCC get ready to gain from Qatar World Cup

As the world gears up for the FIFA World Cup 2022 in Qatar, the positive ripple effect is being felt...

Clean beauty sector grows, so are greenwashing risks

In a positive development, the cosmetic industry at large is becoming greener. Approaches, however, are not always uniform or holistic...

Most Read

MENA gaming sector plays well with new technologies

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading...
  • The region's gaming industry is estimated to be worth $5bn by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar
  • Although a spike in gaming consumption was driven by the pandemic, sustained growth is expected owing to a combination of factors, says market players

50 days on, ‘nothing changes’ for UAE delivery riders

Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...
  • Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders
  • It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders

Widening cultural offerings add to Dubai’s growth

Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and...
  • Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil tells TRENDS
  • The Dubai Creative Economy Strategy seeks to raise the economic contribution of the creative economy to 5 percent of the emirate’s GDP by 2025