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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

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.

Savii seeks to empower GCC teens financially

The new UAE-based start-up is trying to instil the virtues of economy among teenagers in the region
  • The app is currently available on iOS and Android in Bahrain, allowing teens to pre-register for Savii cards
  • Savii has constituted a youth advisory board, enabling teens to have a say in the product design and functionality

Black Friday is a $74bn opportunity for MENA retail. But is it losing sheen by ‘blindly copying’ the West?

The expected injection of billions of dollars into the retail business through sale of varied items can turn out to...

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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...

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...

Delivery platforms run on woeful condition of riders

Riders of an online food ordering firm, who recently protested against unfair pay, allege that not only do they get...

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UAE startup faces mental-health struggles head on

Having struggled to deal with the loss of a loved one and postpartum depression, Hammad and Takalam co-founder Inas Abu...
  • “Breaking taboos around mental health is the need of the hour,” said Emirati entrepreneur Khawla Hammad
  • Takalam co-founders Inas Abu Shashieh and Hammad acknowledge that embracing vulnerabilities is often the first step to improving mental health

Russia boycott echoes in UAE retail market

Chanel stores in the UAE reportedly refused to sell products to Russian customers unless they signed a document committing not...
  • Russian influencers have complained of experiencing ‘Russophobia’ by global brands but refuse to comment on the issue
  • The UAE's anti-discriminatory and anti-hatred law clearly provides a solid legislative ground for the environment of tolerance, co-existence, and acceptance

GCC luxury market grows despite supply chain woes

The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO)...
  • High-end jewelry is expected to continue to record strong growth in the region
  • Meanwhile, online shopping has doubled in the Middle East in the last two years