Saudi Arabia’s Film AlUla launches platform for women in cinema, fashion
The launch is part of a year-round program that will allow women filmmakers to collaborate with leading industry professionals and...
Arts & Culture
UAE records fastest growth rate in 10 years, says economy minister
Abu Dhabi, UAE - UAE's Minister of Economy Abdullah bin Touq Al Marri said Wednesday that in 2022, the UAE...
Business
Russia’s pragmatic approach toward Middle East
Despite all odds, Russia looks consistent with its Middle East policies as it is relentlessly trying to cement formidable ties...
Why is Bahrain pursuing unconventional path of diversification?
Gulf Cooperation Council (GCC) nation Bahrain is pursuing the path of diversification and has been able to diversify its economy...
Corporate card programs offering efficient procedures, more savings
A recent survey by Mastercard, a leading technology company in the global payments industry, revealed that organizations that switch from...
‘JCPOA’; how US’ withdrawal scripts economic instability, geopolitical flux
The recent move of the US president Donald Trump, intended to terminate the 2015-nuclear pact with Iran, has further escalated...
How Top CEO draws the future lines of GCC corporate
King Abdullah Economic City (KAEC) in Jeddah, Saudi Arabia, was the centre of attraction as TRENDS, along with INSEAD Business...
Fifth edition of arab luxury world draws to a successful close
The fifth edition of arab luxury world, the Middle East’s leading conference on the business of luxury, has drawn to...
A weighting game: Russia’s balancing act in the Middle East
In 1978, Egyptian journalist Mohamed Heikal declared in his book Sphinx & Commissar that Soviet influence in the Middle East...
Bahrain on path of reforming public, private entities
Newly discovered oil and gas reserves announced last month by Bahrain open massive economic opportunities for the kingdom at a...
How future of mobility will look like in GCC?
Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the...
How automation is driving changes in workplaces?
The private sector can become a positive force of change through competition and innovation. TRENDS talks to Martin Roll, a top-notch...
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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
Saudi Arabia’s Film AlUla launches platform for women in cinema, fashion
The launch is part of a year-round program that will allow women filmmakers to collaborate with leading industry professionals and...
Arts & Culture
Company News
Latest News
OIFL to pay GMTN interest
Business
Emaar Properties buys Dubai Creek Harbour for $2 billion
Emaar Properties announced Thursday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek...
Business
US continues mediation in Lebanon-Israel maritime border dispute
“Progress towards a resolution can only be reached through negotiation by the two governments,” State Department spokesperson Vedant Patel said.
Geostrategy
US National Security Advisor makes phone call to Kuwaiti PM
During the conversation, the two sides discussed the partnership between the US and Kuwait, regional security.
Geostrategy
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Business
Al Dahra, CLAAS sign deal
The two firms will cooperate in agriculture sector.
- Al Dahra Holding Company and the German company "CLAAS" signed an MoU for the cooperation.
- The MoU oversees the purchase of new machines, and maintain appropriate level of after-sales service.
Economy
Ma’aden H1 net profit at $1.6bn
H1 2022 net profit increased by 232 percent
- H1 2022 EBITDA increased by 128 percent, compared with the same period in the prior year, to $ 3billion.
- Q2 2022 EBITDA increased to $1.8 billion reflecting robust sales performance.
Business
ADNOC hires 13 jack up barges to boost offshore efficiency
Abu Dhabi National Oil Company (ADNOC) signed a $1.17 billion (AED4.3bn) for hiring 13 self propelled jack-up barges to drive...
- The jack up barges will enhance the capacity of its crude oil production to five million barrels per day (mmbpd) by 2030.
- Deployed across ADNOC's offshore fields, it will support extensive operations, including project work and maintenance.