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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.

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...

Luxury brands burning products is a problem

High fashion can be detrimental to the environment because of its large carbon footprint.
  • To keep their uniqueness, high-end fashion brands routinely burn unsold products
  • Fashion contributes up to 8 percent of the global carbon footprint

Snowden, Assange, and the burden of truth

Julian Assange and Edward Snowden have had to pay big time for simply telling the truth. Their lives suggest that...
  • Julian Assange, the founder of WikiLeaks, has had to seek asylum with Ecuador
  • Edward Snowden had to flee to Russia after revealing how the US spied on its own citizens

Value via sustainability gives firms an edge

A sustainability-focused company strategy boosts brand value and efficiency, matches customer demands, attracts top personnel, and opens new doors.
  • A McKinsey Global Survey reveals that organizations can become sustainable simply by adopting a set of management strategies
  • As per the respondents, organizations are now also likelier to prioritize sustainability and define specific goals and objectives

Zero-carbon not the end of oil and gas

Some people conflate the target of zero carbon emissions with the notion that the era of oil, gas, coal, and...
  • Carbon emission targets are sometimes misunderstood with the end of oil, gas, and coal
  • Oil and gas are still the primary drivers of the global economy, and will continue to be so for decades

Urban management can benefit from blockchain

Blockchain may be able to solve quite a few of the problems in the planning and implementation of a smart...
  • While smart cities are a key trend, today's hurdle is high competition and complex device integration
  • Blockchain technology may be able to take care of not only these but also security and other issues

Experts weigh in on Facebook rebranding to Meta

Facebook is currently facing a lot of flak for accusations of bias, and leaked internal documents back them up.
  • Facebook has a long history of criticism about users' privacy the content it views
  • Today's scandals differ from past instances in the papers leaked from within the corporation

Despite hurdles, interest in 5G high in MENA

As GCC shifts away from dependence on oil and gas revenues, 5G is set to fuel tech growth and ease...
  • 5G subscriptions in the MENA have exceeded 1 million at the end of 2020
  • The deployment of a 5G network faces several challenges

Have Pandora papers jeopardized Lebanon aid?

The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to...
  • Offshore companies are legal and were established to reduce the tax burden on some companies that require foreign branches.
  • Lebanon was first in terms of registering individual companies in tax havens, with nearly 3 million papers leaked.

Taxation and confiscation to rein in crypto market

Last few years have seen a lot of tension between governments and central banks around the world, on the one...
  • Concerns are rising that these currencies could be used to fund illegal actions and for money laundering.
  • Several countries have taken strict measures to crack down on the industry that is viewed with suspicion uniformly across the world.

Male candidates sweep Qatar’s first legislative polls

Male candidates were elected in all 30 of the seats up for election despite 28 women initially being cleared to...
  • Women candidates fail to break through in Qatar vote for the Shura Council
  • It is not known when the appointments will be announced, or when the council will meet

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...

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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...

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...

‘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...

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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