Business - TRENDS MENA

The company said it was 92% booked for the first quarter of 2024.

Dubai Customs said Thursday the emirate’s external foodstuff trade in 2021 grew 11 percent to reach AED57 billion ($15.51 billion),...
Exports grew 11.3 percent to AED10.8 billion from AED9.7 billion in 2020, while re-exports went up by 10 percent to AED 7.9 billion from AED 7.2 billion.
In terms of volume, Dubai traded 14.1 million tons of foodstuff in 2021, which included 9.9 million tons of imports, 3 million tons of exports, and 1.1 million tons of re-exports.
It would be the biggest exhibition hall in the MENA region.
The hall is scheduled to open in October 2022 and is part of the expansion plans for the Centre to bolster ADNEC’s competitiveness.
The first-of-its-kind hall is being built on a space of 1,000 square meters in the Marina area opposite the Abu Dhabi National Exhibition Centre.
Aluminum Bahrain (Alba) is looking to increase its throughput.
The two Aluminum producers will cooperate to creep production at Alba’s Potline 6 beyond its name plate design capacity.
They will also explore ways to use EGA technology and expertise in future expansions at Alba smelter.
The Gulf Cooperation Council’s banking sector profits recorded a 40 percent surge to hit $35 billion in 2021, a report...
Despite the surge, profits remain below pre-pandemic levels of $37 billion in 2019
Surge in profits is mainly due to an increase in total bank revenue and a decline in loan loss provisions
Bahrain will build the region's first data center park in partnership with stc Bahrain to create an integrated digital center...
The park will be developed on 55,000 square meters of land in Al-Qurain
The new establishment will contribute to Bahrain’s digital economy in line with the country's national Economic Vision 2030
Dubai ended Expo 2020 with a colorful closing ceremony punctuated by fireworks as the UAE leadership vows to 'continue to...
Six months after the delayed opening of the $7 billion, purpose-built site, Christina Aguilera, Nora Jones and cellist Yo-Yo Ma performed at the LCD-lit Al Wasl Dome
Expo, housed on a circular site twice the size of Monaco, has been a point of pride for Dubai's rulers and one of a number of projects aimed at grabbing world attention
FIFA is on target to reap record revenues of seven billion dollars on the back of this year's Qatar World...
The governing body has seen revenues from television, sponsors and marketing take off despite past scandals and the coronavirus pandemic.
FIFA said in its accounts that it expects "television broadcasting rights to have set a new record" by the time of the World Cup final on December 18.
The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from...
The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from the smart city revolution in the Kingdom
The paper highlights 5G, Wi-Fi 6, cloud computing, virtual reality and geospatial technology as focus areas for digital infrastructure to develop cities
Succeeding for a female entrepreneur in an industry dominated by men is a tough task but can be achieved, says...
It was now or never for the Arab entrepreneur Nathaly Daou who launched her activewear brand NatUsual soon after 2020 Beirut blasts
Daou had to navigate many roadblocks to not only launch but protect the brand at a time when many went out of business
Unlike many family businesses, successful private equity owners do not wait and hope for everything to go according to plan. ...
Private equity firms regularly update the overall strategy and plans of their portfolio companies based on transparently shared info about the business and the market changes.
Also, successful private equity owners always have a Plan B in place to respond to performance screwups and changes in the business environment quickly and decisively.