INSEAD Day 4 - 728x90

Economy

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

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.

Trump announces 25% tariffs on foreign-built vehicles

US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners...

Economy

Real challenges of digital transformation

Blockchain enhances security and efficiency by decentralizing data storage, and reducing fraud, David Boast tells TRENDS in an exclusive interview.

Economy
Infographics

Qatar, UAE lead Gulf region in governance, growth

TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the...
  • TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the Bertelsmann Stiftung’s Transformation Index
  • In past 10 years, the quality of democracy has declined in nearly one in five democracies, including in regionally important and once-stable democracies, the index points out
Business

PwC, Microsoft expand partnership for digital transformation in Saudi Arabia

DUBAI, UAE -  PwC Middle East and Microsoft have strengthened their global partnership at LEAP event in Riyadh, to support...
  • The collaboration will focus on cloud transformation, business process automation and technology consulting.
  • The partnership aims to strengthen businesses by providing access to cloud services that are scalable and secure.
Business

DIFC achieves high growth in 2022, driven by fintech, innovation

DUBAI, UAE -  Dubai International Financial Center (DIFC) continued to grow at a record-breaking pace in 2022 with the number...
  • New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the Center's history.
  • In 2022, DIFC’s combined revenue exceeded US$272 million for the first time.
Economy

Lebanon’s central bank chief not to renew his term

Riad Salameh, who became the head of the central bank in 1993, has come under increased scrutiny both at home...
  • Salameh, who became the head of the central bank in 1993, has come under increased scrutiny both at home and abroad
  • The collapse has locked most savers out of their bank accounts and pushed more than 80 percent of Lebanon's population below the poverty line
Economy

Algeria allocates $1 billion for development projects in Africa

The decision of the Algerian President was announced in a speech read by Prime Minister Aimene Benabderrahmane at the annual...
  • Tebboune said the agency's approach was based on Algeria's conviction that "security and stability in Africa are linked to development
  • Algerian Agency of International Cooperation for Solidarity and Development would coordinate with African nations seeking to benefit from the initiative
Economy

Oil prices little changed in early Asian trade

The benchmarks closed lower by about 4 percent last week after the United States reported higher crude and gasoline inventories.
  • The benchmarks closed lower by about 4 percent last week after the United States reported higher crude and gasoline inventories
  • US also announced plans to release 26 million barrels of crude from the Strategic Petroleum Reserve which could lead to higher stockpiles at Cushing, Oklahoma
Economy

Sharjah Electricity, Water and Gas Authority installs 23,000 smart meters

Sharjah, UAE--Sharjah Electricity, Water and Gas Authority (SEWA) has completed the installation of 23,000 new smart meters in 2022 and...
  • The new smart meters apart from being accurate give accurate readings free from errors, as well as rationalising energy consumption
  • Dr. Hassan Al Zarouni, Director of the Electricity Distribution Department, said the installation of smart meters is part of the strategy towards digital transformation

Dubai Can initiative cuts single-use plastic bottle usage by over 7mn

The success of the initiative is reflected in the fact that Dubai Can has been widely adopted in the city.
  • The success of the initiative is reflected in the fact that Dubai Can has been widely adopted in the city
  • Dubai Can has placed water fountains in strategic places across the city, including public parks, beaches, and popular tourist destinations
Economy

Moroccans take to the streets to protest high cost of living

Defying a government ban against marches, scores of Moroccan trade union activists protested on Sunday in the capital Rabat and...
  • The authorities have banned marches due to a "health state of emergency" put in place during the Covid-19 pandemic and still in force
  • Prime Minister Aziz Akhannouch has promised to "strengthen market control" and lower prices in the coming days
Interview

Middle East faces a few hurdles in ESG investments

Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on...
  • Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on hydrocarbons, says an expert
  • Efforts should also be made to make decisionmakers understand the financial aspects of ESG on businesseses, adds Sunil Rana, Founder and CEO of Vyzrd

Trump announces 25% tariffs on foreign-built vehicles

US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners...
Economy

Company News

Latest News

Saudi Arabia introduces unified platform for visas, including Hajj, Umrah

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday introduced 'KSA VISA,' a unified visa platform aimed at streamlining visa application...

US pushes naval coalition as Yemen rebels vow to attack more ships

The United States pushed to build up a multinational naval task force to protect a key global shipping lane from...
Geostrategy

15% increase in air traffic at UAE airports during COP28, says GCAA

ABU DHABI, UAE – Airports in the country witnessed a 15 percent increase in air traffic during the 28th Conference...
Geostrategy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

COP28 UAE

New platform to revolutionize global sustainability

World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and...
  • World Wide Generation's and e& join hands to combine innovative technology and global collaboration to address critical environmental, social, and economic challenges.
  • The G17Eco platform, powered by WWG, equips organizations to effectively access and utilize sustainability data, integrating solutions and finances for comprehensive reporting.
Economy

MENA faces economic turbulence due to Gaza conflict

The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
  • The Israel-Hamas conflict not only threatens regional stability but also poses significant economic challenges for MENA nations, says Fitch Ratings.
  • Egypt, Lebanon and Jordan remain the most affected countries as the conflict will potentially disrupt oil markets and economic growth, it adds.
Market Report

Oil prices rise following Red Sea attacks

Oil prices shot up three percent as more companies suspended shipping through the Red Sea following attacks on vessels by...
  • Yemen's Iran-backed Houthi rebels said on Monday that they had attacked two "Israeli-linked" vessels in the Red Sea..
  • Ships must travel through the Red Sea to use the Suez Canal, a key transit route for cargo and oil..