Saudi pioneering solutions for water scarcity
The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.
Analysis
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...
Analysis
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
Interview
GCC luxury market grows despite supply chain woes
The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO)...
- High-end jewelry is expected to continue to record strong growth in the region
- Meanwhile, online shopping has doubled in the Middle East in the last two years
Analysis
Europe energy market: Will Qatar replace Russia?
The United States has asked Qatar to supply gas to Europe if Russian supplies were disrupted due to Moscow's military...
- Qatar gas exports account for about 106 billion cubic meters, with 80 percent going to Asia and 20 percent to Europe
- Qatar could cover around 13 percent of Russian gas imports to the European Union and the United Kingdom
Analysis
Policy eyed as Mideast bears brunt of climate change
Disasters caused by climate change since 2000 have killed approximately 2,600 people, affected seven million others, and caused $2 billion...
- Temperatures in the region have risen by 1.5°C over the last three decades, twice the global increase of 0.7°C
- According to the IMF, disasters caused by climate change have killed approximately 2,600 people since 2000
Analysis
GCC exchanges recoup their losses
From the UAE to Saudi Arabia, the main indexes made up for their losses as the week came to a...
- The Abu Dhabi index fell 1.3 percent on Thursday, its biggest daily fall in more than a month
- The Dubai index on Monday climbed 1.3 percent to its highest in the previous two weeks
Opinion
Why few brands lag behind in sustainability game?
The best brands take a cross-functional approach, embedding sustainability within divisions and business units while linking incentives to sustainability targets....
- Winning brands decide which specific sustainability topics they want to use to actively engage with consumers
- To bring sustainability messages authentically to consumers, the best brands develop a sensitive consumer-engagement strategy
Interview
Inspiring people is ‘a good legacy’: Sheikha Lubna
Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...
- In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha
- Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added
Analysis
Global projects to fuel Aramco 2022 growth
The Saudi Arabian Oil Company has outlined a clear strategy to continue to invest in both upstream and downstream segments,...
- In March, Saudi Aramco said its net income increased 124 percent to $110 billion in 2021, compared to $49 billion in 2020
- This was the result of higher oil prices, stronger refining and chemicals margins, and SABIC’s consolidation of full-year results
Analysis
GCC keeps pace with global solar, wind trends
Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when...
- Across the greater MENA region, Yemen, Jordan, Turkey, and Morocco have generated more than 10 percent of their power from solar and wind
- However, things appear poised to change very soon, with several projects that may improve the region’s overall renewable outlook
Saudi pioneering solutions for water scarcity
The kingdom is forging partnerships with major corporations to revolutionize water technologies and achieve water self-sufficiency.
Analysis
Company News
Latest News
“US lives in solipsistic fantasies”
Geostrategy
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...
Analysis
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...
Business
“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,...
Geostrategy
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Analysis
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
Science
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
Geostrategy
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