For weeks now, inboxes have been flooded with bizarre ensemble of companies and organizations reminding people of personal data and asking them to agree new terms of services. Enter the new year of data protection: the European Union’s General Data Protection Regulation (GDPR) is now here and will revolutionize how our personal information is farmed…
Monday May 28 saw another price tumble for oil prices, after crashing down last Friday. The correction is mainly due to Saudi and Russia declaring their intent to increase oil supplies by some 1 million bpd as compensation to Venezuela’s output dropping to 1.5 million bpd in April, a fall of 260,000 b/d from January, …
Because of the ongoing disruptions and also due to the recent introduction of Value Added Tax (VAT) in the region, business top lines are under significant pressure. This has forced companies to look at organizational structures and ways of optimizing and reworking an organization’s cost base. Further, the business leaders stressed they couldn’t wait for…
A recent survey by Mastercard, a leading technology company in the global payments industry, revealed that organizations that switch from Per Diems to corporate card programs benefit from more efficient operational procedures, increased savings and reduced T&E expenses. Per Diems refer to the daily allowance paid by an organization to its employees to cover approved…
King Abdullah Economic City (KAEC) in Jeddah, Saudi Arabia, was the centre of attraction as TRENDS, along with INSEAD Business School, held the Top CEO Conference & Awards 2018 on April 10 and 11. Into its fourth edition, the two-day mega event witnessed scores of top chief executives of publicly listed companies from various sectors…
Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the fast moving technology and ongoing transformations. How everybody is talking about new innovative concepts that are shaping the transportation sector. Hyperloop is one of the most revolutionary concepts of all. How do you look at…
After witnessing sluggish growth rates for the past few years, Middle Eastern nations finally have something to cheer about as the new financial year promises an economic rebound. Most rating agencies and international organizations forecast the regional GDP growth to recover to 2.3 percent on an average in 2018-19, as opposed to just 0.6 percent…
Years of painstaking efforts toward reforms and diversification undertaken by the governments in the GCC region seem to be finally paying off. The World Bank in its biannual Gulf Economic Monitor report has predicted a new financial year of hope and optimism, with economic growth peaking to 2.1 percent, from the abysmally low rate of…
The Algerian pharmaceutical sector, which depended upon massive imports to fulfill medical supply needs, is now on a path of rapid and positive progression. With an aim of improving the local medicine and medical supply needs, and to acquire scientific, technological and technical know-how, Algeria is working on important partnerships with foreign players in the…
The winners of the Top CEO Awards 2018 have been announced following the successful conclusion of the ‘Top CEO Conference and Awards’, which took place under the “Paradigm Shift” theme at King Abdullah Economic City, Saudi Arabia, on April 10-11. The event saw business leaders and more than 30 expert speakers from across the Middle…
