Search Site

Analysis

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Israel-Gaza conflict creates global economic ripples

As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with...

Dribbling cost of bringing forward the start of FIFA Cup

The sudden move to bring forward Qatar's match against Ecuador -- to make it the opening match – may put...
  • The decision to bring forward Qatar's match against Ecuador -- to make it the opening match – may put pressure on Doha's public relations team, add to the costs and confuse fans
  • The organising committee of the key sports event says "huge excitement" is building for the World Cup, which will now start on November 20

Retaining customers rattles retailers as sales drop

From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work...
  • From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work harder
  • During the pandemic, nearly 40 percent switched brands or retailers, and more than 80 percent developed new shopping habits, says a recent McKinsey study

“US lives in solipsistic fantasies”

Diminished leverage in the Gulf region makes Washington a less compelling partner than it once was, says Chas W Freeman,...
  • Diminished leverage in the Gulf region makes Washington a less compelling partner than it once was, says Chas W Freeman, Former US Ambassador to Saudi Arabia.
  • West Asia is a region in which abundant policy failures offer a veritable cornucopia of insights into warfare and diplomacy, the former diplomat highlights

‘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

Crises put Gulf investments in Sri Lanka at stake

The region has invested billions of dollars across sectors in the South Asian nation as recent past witnessed an expansion...
  • The region has invested billions of dollars across sectors in the South Asian nation in the recent past
  • Sri Lanka has been enduring shortages of food, fuel, medicines and other essentials for months

Are EVs driving towards greener world or uncertainty?

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
  • Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
  • Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure

Biden’s Arab trip lukewarm, at best

The US president could not dispel the view that the Washington is no longer a reliable ally and he also...
  • The US president could not dispel the view that the US is no longer a reliable partner and he also failed to connect at a personal level with the young GCC leaders, say experts
  • He publicly invited UAE President Mohammed bin Zayed for a state visit to Washington. 'Why did he not extend the same thing to Mohammed bin Salman?' a professor asks

Investors stay away as oil fuels tension in Iraq

The long-simmering dispute came to a head in February when the federal supreme court ordered Kurdistan to hand over oil...
  • Iraq, the second largest OPEC producer, sits on enormous oil reserves, and revenues from the sector feed 90 percent of the federal government budget.
  • The country exports an average of 3.3 million barrels of crude oil per day (bpd), while production in Kurdistan amounts to just over 450,000 bpd.

More deals in sight as UAE-France ties strengthen

The past years witnessed the signing of dozens of agreements and memoranda of understanding between the two countries in various...
  • Relations between the UAE and France date back to establishment of the UAE Federation when some French firms such as 'Total' helped UAE explore oil
  • The past years witnessed dozens of agreements and MoUs between the two countries in various economic, cultural, military and environmental fields

Fear of global slowdown worries Gulf economies

The global economic stagnation is expected to impact the GCC growth due to the decline in industrial and economic activities...
  • Economic stagnation has been a concern in many countries worldwide, especially in the Gulf states
  • Economic stagnation is a concern in light of the growing inflation, rise in interest rates and disruption in supply chains

Israel-Gaza conflict creates global economic ripples

As Israel grapples with the surprise Hamas action and global community gauges economic ramifications, the future of Israel's relations with...

Company News

Latest News

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...

Death toll mounts in Iran protests as online services cut

Amini, 22, died last week after her arrest by the Islamic republic's feared morality police for allegedly wearing a hijab...

Uncertainty rules even as MENA crypto market grows

Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA...

Most Read

US Fed Reserve may remain hawkish in coming months

Despite the recent slowdown, the US economy remains robust, which allows for more aggressive monetary policy tightening. The US consumer...
  • The US Federal Reserve will lean "hawkish," raising rates by 75 bps in September and 50 bps both in November and December, before a final 25 bps hike in early 2023
  • Despite the recent slowdown, the US economy remains robust, which allows for more aggressive monetary policy tightening, Qatar National Bank says in its weekly report

Dribbling cost of bringing forward the start of FIFA Cup

The sudden move to bring forward Qatar's match against Ecuador -- to make it the opening match – may put...
  • The decision to bring forward Qatar's match against Ecuador -- to make it the opening match – may put pressure on Doha's public relations team, add to the costs and confuse fans
  • The organising committee of the key sports event says "huge excitement" is building for the World Cup, which will now start on November 20

Retaining customers rattles retailers as sales drop

From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work...
  • From optimizing the purchasing ecosystem to driving personalization and developing schemes that help consumers with finance management, retailers must work harder
  • During the pandemic, nearly 40 percent switched brands or retailers, and more than 80 percent developed new shopping habits, says a recent McKinsey study