Business - TRENDS MENA

The GCC -- with countries such as Saudi Arabia, the UAE, Kuwait, and Qatar -- plays an important role in...

The IPO kicks off on November 7 and ends on November 8.
The listing would result in a market capitalization of SAR 3,400 million (USD 907 million)
The book-building process generated an order book of SAR 162 billion that was 136x oversubscribed
The United Arab Emirates has announced the provision of $10 million to contribute to the reconstruction of some Turkish regions...
the UAE expressed its solidarity with the Turkish people in these exceptional circumstances
The move follows the directives of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi
Saudi Arabia’s Herfy Food Services Company (Herfy Foods) has appointed Sam Bader as CEO, after he served as acting CEO.
“The board of directors of Herfy Food Services Co extends its appreciate and gratitude for the efforts made by Mr Sam Bader during his term of acting CEO"
The company said Bader had started his career with BK USA, then worked for McDonald’s International USA
Hub71, Abu Dhabi’s global tech ecosystem, and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will...
DCT Abu Dhabi will fund the Proof Of Concepts (POCs) of the startups identified for future work.
Hub71 will provide DCT Abu Dhabi with access to a broad pipeline of startups, regionally and globally.
The net profit for the first nine months of 2020 was AED 25.40m.
The increase in net profit was driven by a rise in income from investments and recent acquisitions.
The company has acquired Very Large Gas Carriers for transport of LPG through its partnership with BGN International.
Only 3,000 or so Assyrians still live in the wider Mardin province, which is part of the historical Mesopotamia region...
Only 3,000 Assyrians still live in the wider Mardin province, which is part of the historical Mesopotamia region where some archaeologists believe wine was invented 2,700 years ago
Subjected to discrimination most of the Assyrians have either relocated to Istanbul or emigrated to the West, reducing their number from 700,000 to 15,000 across Turkey today
The first agreement was signed between Careem and Kiwibot to develop food and grocery delivery robots.
The first agreement was signed between Careem and Kiwibot to develop food and grocery delivery robots
Majid Al Futtaim and Yandex have partnered to explore the independent technology solutions to enhance the scope of the last-mile delivery of Carrefour orders
70% passenger loss is forecast for the Middle East which is reeling under lockdowns, travel, and quarantine restrictions and 56%...
70% passenger loss is forecast for the Middle East which is reeling under lockdowns, travel, and quarantine restrictions and 56% for the Middle East
Airport revenues are predicted to decline by US$ 34 billion in Asia-Pacific and US$11 billion in the Middle East by the end of 2021
Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics.
Face recognition technology could compromise privacy, target marginalized groups, and normalize intrusive surveillance, according to critics
The news also comes as Facebook has been under intense scrutiny from regulators and lawmakers due to its platform abuses and user safety
The oil prices would average US$70 per barrel in 2021, Garbis Iradian, chief economist for MENA at IIF, tells TRENDS...
Garbis Iradian, chief economist for MENA at Institute of International Finance (IIF), tells TRENDS in an exclusive interview that the prices would average US$70 per barrel in 2021
There are expectations of the US oil production recovery in 2022, which would increase the supply easing pressure of price