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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

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.

Startups adopt new strategy to survive post pandemic

Post pandemic, startups, SMEs, and entrepreneurs must adopt a new mentality to scale their enterprises and survive, says Awfa Mustafa,...

Three trends that will shape payroll this year

It seems unlikely that the volatility we have experienced since the start of the pandemic will disappear. Therefore, payroll teams...
  • Covid-19 has tested the flexibility and resilience of payroll teams, forcing them to cater for hybrid working models and respond with agility to evolving tax relief measures
  • Challenging times have prompted many payroll departments to modernise their systems and processes in anticipation of even more change to come

Dubai Integrated Economic Zones Authority appoints new leadership team

Dubai Integrated Economic Zones (DIEZ) Authority has appointed a new leadership team to drive its free zones and central divisions....
  • Amna Lootah was appointed as a Director General DAFZ to lead and implement strategic plans according to the approved structure.
  • Dr. Juma Al Matrooshi was appointed as Director-General of Dubai Silicon Oasis (DSO) to supervise the implementation of its strategy according to the new organizational structure.

Saudi statistical authority launches a unified channel for data sharing

Saudi Arabia's General Authority for Statistics on Thursday launched Statistical Database, a unified channel where all data produced by the...
  • The platform uses advanced search techniques with advanced features such as (API) technology to provide an interactive experience.
  • It also allows different groups of users to access the data and statistics provided by GASTAT and view its descriptions as well.

Jafza and Al Masraf to help SMEs simplify financial processes

DP World said the agreement with Al Masraf strengthens its commitment to facilitate business activities of more than 8700 clients...
  • SMEs and other licensed entities within the free zone will get assistance in account opening and financial documentation.
  • More than 53 percent of UAE's non-oil GDP is contributed by SMEs, according to Ahmad Al Haddad, COO of Parks and Zones of DP World UAE.

Most EMEA banks fret they would cease to exist unless they digitize fast

Nearly 75 percent of banks expect tech giants such as Google and Amazon to dominate the banking industry in five...
  • The report said only 25 per cent of EMEA-based banks expect to significantly increase spending on Big Data in the next three years.
  • 19 per cent of EMEA-based banks are focused on blockchain investment compared with 30 per cent of banks in North America.

UCAC gets nod to amend insurance practice

The company had sought Saudi Central Bank's approval for the amendment.
  • After approval, the UCAC would be limited to the practice of insurance activity only.
  • In a bourse filing on Sunday, the company said it will reduced accumulated losses to SAR 113.6 million.

Gulf workers’ top data skills least utilized by employers

A survey says making full use of the analytic expertise core requirement for the Gulf to continue competing globally.

Two-thirds of UAE workers loyal to their employers: Survey

Basic salary, additional benefits offered by the company and senior leadership are the top three factors perceived to impact employee...

Majority of employees worldwide want flexible working to continue: WEF

30 percent of 12,500 employes in 29 countries say they would look for another job if forced to go back...

Middle East asset management industry grows 11% to $1.2trn

The size of the Middle East’s asset management industry grew 11 per cent from 1.1 trillion of Assets Under Management...

How travel brands can target high-intent travelers in the MEA region

As tourism booms across the Middle East and Africa, travel brands face fierce competition. Success now means using data-driven, personalized...

Latest News

Saudi statistical authority launches a unified channel for data sharing

Saudi Arabia's General Authority for Statistics on Thursday launched Statistical Database, a unified channel where all data produced by the...

Jafza and Al Masraf to help SMEs simplify financial processes

DP World said the agreement with Al Masraf strengthens its commitment to facilitate business activities of more than 8700 clients...

Most EMEA banks fret they would cease to exist unless they digitize fast

Nearly 75 percent of banks expect tech giants such as Google and Amazon to dominate the banking industry in five...

Most Read

Gulf workers’ top data skills least utilized by employers

A survey says making full use of the analytic expertise core requirement for the Gulf to continue competing globally.

Two-thirds of UAE workers loyal to their employers: Survey

Basic salary, additional benefits offered by the company and senior leadership are the top three factors perceived to impact employee...

Majority of employees worldwide want flexible working to continue: WEF

30 percent of 12,500 employes in 29 countries say they would look for another job if forced to go back...