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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

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...

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

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...
  • Brands are using NFTs and blockchain technology to attract, verify, and engage consumers globally
  • GCC brands should take advantage of the trend to engage with customers in new, innovative ways

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...
  • Q1 2022 saw an increase in the number of units built in Saudi Arabia's residential sector
  • In Q1 2022, Saudi Arabia's house price index rose by 0.4 percent compared to Q1 2021

What are the GCC’s top stock exchange constituents?

What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.
  • Some constituents — publicly traded companies — of the MSCI World Index would be heavier than others
  • And countries within the Gulf Cooperation Council have some of the biggest public companies in the world

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

New trends drive Arab automotive growth

From pre-owned cars to electric vehicles, a number of trends are driving the growth of the automobile sector in countries...
  • Saudi imports of cars grew from 544,000 in 2020 to over 546,000 in 2021
  • Around 28% of those polled in the UAE said they prefer to buy a used car online

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

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

Saudi pioneering solutions for water scarcity

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

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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...

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...

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...

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“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