Search Site

Trends banner

Analysis

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Conservative-dominated US Supreme Court steers society sharp right

Washington, United States--One year after its ruling to erase abortion rights, the conservative-dominated US Supreme Court has underscored its determination to...

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

Apex banks under pressure to deliver lower inflation

The world economies are staring at the deep recessions and more financial instability. If inflation does not moderate significantly over...
  • Global bond and equity markets have been particularly volatile in recent weeks, says the latest Qatar National Bank report
  • The main driver of the volatility was the multitude of negative prints coming from inflation figures in key economies, it adds

Reforms crucial to revive pandemic-hit culture sector

The sector also saw a decline of 25 percent of its Gross Value Added in 2020. However, while most of...
  • The culture was one of the most seriously impacted sectors globally due to COVID-19 pandemic, with more than 10 million jobs lost in 2020 alone
  • Revenues from the digital creative economy totalled US$2.7 billion globally in 2020, over a quarter of the sector’s overall revenue, says a report

MENA gaming sector plays well with new technologies

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading...
  • The region's gaming industry is estimated to be worth $5bn by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar
  • Although a spike in gaming consumption was driven by the pandemic, sustained growth is expected owing to a combination of factors, says market players

Saudi Index at lowest levels since January

Saudi Stock Exchange's general index fell by nine points. Abu Dhabi market was below 9,200 points, Dubai market rose above...
  • The Saudi Stock Exchange's general index recorded its lowest level since January and ended the week down by nine points
  • The Dubai market managed to rise above 3200 points, supported by a rise in real estate and investment shares, during the week

Growth likely to vary across regions and geographies

While the global economy has been slowing down, the picture looks very different across regions and geographies. This is based...
  • While the global manufacturing PMI is still comfortably within expansionary territory, there are signs of a slowdown or even reversal of economic activity
  • Nevertheless, different growth patterns can be observed across regions and geographies, a latest report by Qatar National Bank (QNB) has highlighted.

Dare to be different to make positive change: Joumana

Lebanese writer, journalist, and human rights activist Joumana Haddad tells TRENDS why she is unperturbed despite being one of the...
  • Joumana Haddad pays a price for her strong voice advocating for the rights of people, addressing otherwise taboo subjects
  • A big believer of self-expression, she uses her publication Jasad to tackle issues related to art, literature, and politics of the body

‘Workplaces must prioritize mental health’

In many industries, working from home is the way of the future and a better working and mental lifestyle, Quartz...
  • People tense or stressed at work are more than three times likely to plan to look for a new job
  • In contrast, employees who feel supported are more likely to stay, lowering turnover costs

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...
  • For one, smart-technology platforms were effectively used in the UAE to combat Covid-19
  • The UAE also adopted the mandatory use of face masks in March 2020, well ahead of the WHO recommendation

Saudi pioneering solutions for water scarcity

The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.

Company News

Latest News

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...

Gulf construction market builds on KSA-UAE rivalry

As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and...

Most Read

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