Analysis

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...

Oil prices fluid amid geopolitics, economic recovery

Geopolitical tensions, such as the Russian-Ukrainian war and the trade war between the United States and China, have sent shockwaves...

Kurdish authorities in Syria slam UN aid crossing vote as unfair

UNSC unanimously approves an extension of humanitarian aid to a rebel-held part of Syria through the Bab Al-Hawa crossing from...

G20 ministers set to green light global tax reform

Finance ministers from the G20 richest nations are expected to give the green light Saturday to a historic deal to...

Climate crisis is the next great threat facing Iraq

Iraq's hardscrabble farmers and livestock herders are battling severe water shortages that are killing their animals, fields and way of...

Pakistan imports goods worth $10.6 b from four GCC countries

Imports from UAE $6.2 billion compared to $5.9 billion last year The highest increase in imports recorded from Saudi Arabia...

31 percent of all Middle East travel destinations closed: UNWTO

Digital solutions, vaccination to ease travel restrictions 29 percent of all destinations worldwide closed for international tourism About 31 percent...

Tunisians hope calmer Libya could stimulate economic growth

Libyan crisis led to 2 percent loss in Tunisia's GDP  TunisAir was the first foreign carrier to resume flights to...

Middle East govt entities should digitize services fast

Governments need to build necessary foundations to exchange non-sensitive public data Develop interoperable digital platforms and a broad range of...

Iraqi restaurateurs pay bribes to dodge virus curfew

Lockdown forces restaurant, cafe owners to sack a quarter of their employees Corruption in Iraq has eaten up more than...

Qatar Investment Authority deals a blow to Credit Suisse, lowers stake

The QIA now hold a below five-percent stake in the Swiss bank Earlier it held about 133 million shares, making...

Digitalization, sustainability top priorities of Middle East consumers

PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they...

The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...

Company News

Latest News

UAE’s Covid-19 response gets global plaudits

Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of...

Beauty, fashion brands eye NFT advantage

There is enormous potential for NFTs in the fashion and beauty business, says Louis Chen, EVP and Chief Strategy Officer...

Saudi real estate rides high on positive sentiment

Saudi Arabia's real estate sector continues to show promising signs, with increasing tourist numbers, consumers returning to retail stores, and...

Most Read

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...
  • Gulf citizens are looking to spend Eid al-Fitr abroad after being compelled to stay home for the past two years
  • This year’s Eid al-Fitr holiday witnessed high occupancy in the UAE hotel sector, driven by strong domestic tourism demand

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...
  • Physical security has progressed from when it was viewed as merely a technique for responding to crime
  • It now plays a more significant role as a critical component in the digital transformation of business processes

‘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...
  • The changes in the new labor law are fairly substantial and necessitate amendments to existing employment contracts
  • They also call for modifications to policies and procedures concerning future agreements with new employees