UAE set to lead GCC’s e-commerce markets next year
“E-commerce sales via marketplaces will continue to grow in double-digit percentages in 2023, driven by a higher proportion of cross-border...
YEARBOOK 2023
As Ukraine war grinds on, Saudi influence grows
Saudi Arabia's unexpected role in brokering the release of foreign fighters detained in Ukraine was just the latest example of...
Geostrategy
Analysis
Why Covid-19 jolted some Arab states?
The flaws in the health systems of some MENA countries such as Tunisia, Lebanon and Jordan, which were struggling with...
- Tunisia's healthcare system appeared crumbling under the weight of recent infections caused by the Delta variant.
- The Lebanese government's failure to pay dues to be public and private hospitals aggravated the Covid-19 crisis.
Analysis
Saudi pupils ready to be back at school
Confined to homes for more than 18 months by the coronavirus pandemic, Saudi pupils are all set to be back...
- Students are packing face masks along with books as they prepare to return to the classroom
- "I’m trying to remember how life was before the pandemic, and I am looking forward to seeing my teachers and classmates again"
Analysis
A lot is at stake for poor in Tunisia
The country's economy is witnessing deterioration as sources of income decline, unemployment rises to 18 percent and rising debt necessitates...
- Lifting subsidies is a risky decision that could spark public unrest
- The number of poor and vulnerable people will rise from 16.7 percent to 20 percent
Economy
Jobs rise for first time in Egypt since 2019
Slight drop in headline seasonally adjusted PMI in July points to minor deterioration in the health of the non-oil sector.
- Slight drop in headline seasonally adjusted Purchasing Managers’ Index in July points to minor deterioration in the health of the non-oil sector.
- Influence of rising raw material prices, fuel costs, wages n cost pressures down in July, says IHS Markit survey.
Millennial, Gen Z Muslims to adopt Islamic banking if it gets more accessible
The report titled ‘Faith and Finance: The changing face of Islamic banking’, surveyed over 2,000 respondents globally
Dubai-Korea relations strengthen with $882m bilateral trade in Q1
Imports had the lion’s share at AED2.551 billion, followed by exports at AED549.782 million, and re-exports at AED137.473 million, Ahmed...
Kuwait aims to be the hub for electric carmakers in Middle East
Kuwait Ports Authority (KPA) has approved a proposal to build the Middle East’s first city to serve electric vehicle manufacturers,...
GCC sees $27bn worth of hotel projects lined up
The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)
Turkey offers to secure Afghan airport after US, NATO forces
Ankara is seeking "financial, political and logistical support" from the US and the NATO to carry out the fraught task...
Fossil fuel power demand has ‘peaked worldwide’
Electricity generation from fossil fuel has peaked worldwide as emerging markets are increasingly opting for cheaper renewable technology.
UAE set to lead GCC’s e-commerce markets next year
“E-commerce sales via marketplaces will continue to grow in double-digit percentages in 2023, driven by a higher proportion of cross-border...
YEARBOOK 2023
Company News
BNPL gains currency in the UAE
Interview
Latest News
Eid holidays boost Gulf tourism as COVID curbs ease
From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially...
Analysis
Physical security adds to digital transformation
Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says...
Analysis
‘UAE’s new labor law is a game-changer’
Legal and business leaders tell TRENDS that the new legislation is in line with the industrial modernization roadmap that the...
Analysis
Most Read
Analysis
Protests, pension, pandemic mark Macron presidency
Emmanuel Macron, who had never held elected office before becoming president in 2017, has weathered several crises throughout his presidential...
- Macron became the youngest president in French history at 39 when he saw off far-right leader Marine Le Pen in 2017
- He is now looking to become the first French leader since Jacques Chirac in 2002 to win a second term
Analysis
Should you invest in Metaverse real estate?
The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...
- Revenues from the Metaverse are estimated to grow to $800 billion in 2024
- Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021
Interview
BNPL gains currency in the UAE
It also seems to be extremely helpful for customers who want to pay for a purchase in installments or make...
- BNPL payments in the UAE are expected to grow 89.4% on an annual basis to reach $1.82 billion in 2022
- BNPL is not just for Gen Y and millennials; it is expected to see adoption by elderly individuals as well