GCC records surge in women’s workforce participation
Driven by resilience, legislation, and determination, the female populace is reshaping the socio-economic fabric of the Gulf countries, a TRENDS...Business
Saudi Tourism Authority, Trip.com Group sign global agreement
BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...Business Global Tourism
Rockets hit Emirati-owned gas complex in north Iraq
Three Katyusha rockets hit a gas complex in Iraq's autonomous Kurdistan region on Saturday, a local official said, in the...In June, the site owned by UAE energy company Dana Gas was targeted three separate times by rockets that did not cause casualties or damage
The gas field lies between the cities of Kirkuk and Sulaimaniyah, in a region administered by Kurdish authorities
‘Mobile-first mindset’ rules companies in Middle East
With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile...With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel
However, it’s not just about having a mobile app, it’s also about delivering an exceptional user experience and being able to integrate mobile with any other channels seamlessly
‘Crypto winter’ fails to dampen confidence of investors
Even as the interest in crypto remains more or less steady, and investors are still keen to buy in, it’s...Blockchain technology and the digital asset ecosystem are here to stay, and investors aren’t deterred by the state of the market
However, anyone looking to invest their hard-earned capital into crypto - particularly retail and first timers - must exercise caution
Bahrain joins UAE, Jordan and Egypt in industrial pact
Prime Minister of Egypt Mostafa Kamal Madbouly witnessed a signing ceremony Monday in Cairo that welcomed Bahrain as the fourth...The Industrial Partnership for Sustainable Economic Development was announced in the UAE on May 29, 2022 with an aim to empower their industrial sector.
The plan was establish large joint industrial projects, providing private sector companies with opportunities for expansion and creating job opportunities.
Al Seer targets 2-3m tons cargo
ASM manages 5 dry bulk and general cargo ships.Al Seer Marine is currently in negotiations for a long-term contract for carriage of 2 million tons annually.
The company has short-term plans of acquiring 10 to 15 ships in 2022.
Natural gas a weapon of war between Russia and Europe
Natural gas has emerged as a weapon of war between Russia and Europe since Moscow's February 24 invasion of Ukraine....On February 22, 2022, German Chancellor Olaf Scholz says he is suspending the Nord Stream 2 pipeline project with Russia.
On March 23, Russian President Vladimir Putin bans European gas customers from paying their bills in dollars and euros.
Abu Dhabi Maritime to sponsor Abu Dhabi International Boat Show
The Abu Dhabi International Boat Show (ADIBS), organized by the Abu Dhabi National Exhibitions Company (ADNEC), has entered into a...Abu Dhabi Maritime has a mandate to implement effective maritime services and state-of-the-art infrastructure
The fourth edition of Abu Dhabi International Boat Show will take place this year from November 24 to 27.
‘Inflation a concern, equity markets favorable in GCC region’
A survey in the GCC region reveals that almost all the respondents believe that rising inflation will impact their cost...A survey in the GCC region reveals that people believe inflation will impact their cost of living by at least 10 percent
Over 66 percent of the respondents said that they continue to view equity markets favorably
Condor orders 41 jets
The airline is buying aircraft using less fuel.The order is for 13 A320 and 28 A321 jets fitted with Pratt & Whitney engines for delivery starting in Spring 2024, Condor and Airbus said in a joint statement.
The catalogue price is about 5.0 billion euros ($5.1 billion) but the final purchase price usually differs due to possible discounts offered to big-ticket customers.
French, UK satellite firms eye tie-up to create ‘global champion’
French satellite operator Eutelsat said on Monday it was in talks with British counterpart OneWeb for a tie-up to create...French satellite operator Eutelsat already provides some internet services through a deal with telecoms firm Orange.
"Potential all-share combination" would "create a global leader in connectivity", Eutelsat said.
