INSEAD Day 4 - 728x90

Analysis

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

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...

Analysis

Qatar’s economy remains strong despite global crises

The year 2022 was crowned with excellent ratings for the Qatari economy, as the S&P's credit rating agency raised the...

YEARBOOK 2023
Analysis

Disney takes on OTT platforms with MENA expansion

Netflix currently rules the roost in the Middle East. Therefore, the Disney+ expansion should be a clarion call for regional...
  • The Disney launch covers almost all of the Middle East and good chunks North Africa
  • In all, Disney+ is expanding to 42 countries and 11 territories in the EMEA region
Analysis

Saudi Arabia could be a regional mining center

The expert opinion comes as Riyadh hosts the International Mining Conference, the largest of its kind in the Middle East...
  • Saudi Arabia serves as a platform for global dialogue on mining prospects
  • A dozen Saudi government entities will present investment prospects via an integrated platform
Analysis

UNWTO optimism to cheer up MENA tourism

While the likes of Egypt, Morocco, Tunisia, and Jordan depend heavily on tourism for revenue, the UAE and Saudi Arabia...
  • UNWTO Executive Director Zoritsa Urosevic has said that the ‘future is bright’ for the tourism sector
  • Tourists ‘will come back’ and the industry will recover from the pandemic because it is ‘very resilient,’ she said
Analysis

GCC at risk from cyber criminals in 2022

Companies are hemorrhaging millions of dollars to ongoing ransomware raids, with threat actors further weaponizing the attacks.
  • Ransomware attacks on high-profile organizations grabbed headlines throughout 2021
  • Cybersecurity experts believe this criminal enterprise will reach new heights in 2022
Interview

‘Challenging year ahead for logistics industry’

Companies have used innovative methods to keep their operations running while overcoming numerous challenges linked to Covid-19 pandemic. However, the...
  • The limited capacity and high freight rates will remain until global vaccine campaigns gather traction
  • Logistic companies who fail to recognize necessity of digital adoption will be left behind
Analysis

Factors that may impact oil’s demand-fueled recovery

At the global scale, 56.5 percent of oil reserves and 26.7 percent of natural gas reserves are owned by Arab...
  • The financial crisis of the Arab countries will not ease unless oil prices, which will remain above $80 per barrel until 2025-end, come down
  • Oil prices climbed by about $28.2 per barrel from January until October 2021, showing 51.2 percent increase over the 10 months
Analysis

GCC countries competing to lead the world in AI

Several countries in the region have already formed AI policies to support their national goals after this technology demonstrated its...
  • The Middle East AI market is growing at a rate of 20-34 percent per year, according to a PwC report
  • Saudi Arabia is lavishing $500 billion on the NEOM’s project, which will offer ultra-connectivity, and is trialing air-taxis
Economy

Climate crisis puts oil in the crosshairs, but dependence persists

The International Energy Agency warned in May that an immediate halt to new investment in fossil projects is needed if...
  • Fossil fuels, represent 80 percent of energy consumed, and were explicitly blamed for driving climate change at COP26
  • This was not the case when the Paris climate pact was reached in 2015
Business

Ecommerce is fastest-growing channel in ME

In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.
  • A PwC report indicates that UAE consumers are making purchases on smartphones (53 percent), computers (39 percent) and tablets (31 percent)
  • As a result, the UAE’s retail ecommerce market reached $3.9 billion in 2020, indicating a 53 percent year-on-year increase
Analysis

Growing Islamophobia hits Islamic banking in Europe

The $2.2-trillion Islamic finance industry is set to take off in a big way across the world as it recovers...
  • The EU is believed to be home to close to 28 million Muslims, who may hold close to $1,247 billion in wealth
  • The Islamic finance industry has failed to make any impact in Germany and France with relatively large Muslims populations

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...
Analysis

Company News

Latest News

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...
Analysis

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...
Analysis

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...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Arts & Culture

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
Business

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
Market Report

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