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ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Kamco Invest launches two funds

Kamco's assets under management surpass SAR 1bn.

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

Word of mouth eventually makes customers custodians of brands through trust and meaningful connections

People share ideas or content or experiences that reinforce their values or their sense of identity, which is good for...
  • For the last 10 years, business models have been taking big leaps toward profits with marketing strategies largely driven by new technologies
  • However, word of mouth remains the biggest driver of business even today. People share ideas or content or experiences that reinforce their values or their sense of identity

Fast-paced digital lifestyle of customers key focus of marketers as they seek to beat peers, competitors

With the use of advanced analytics platforms, marketers can measure consumer engagements, gaining insights into their brand equity, learning to...
  • Marketers are looking for platforms that can leverage unified marketing data from various channels and campaigns and simplify analysis.
  • Brands need tangible data that tells them how their campaigns are performing in real-time to optimize for improvement.

Multi-disciplinary solutions needed to deal with food crisis and water scarcity in MENA region

It is essential to adopt sustainable water management practices to build resilience, sustain peace and improve the well-being of local...
  • The MENA region is the world's most water-scarce area with economic downturns, climate change, and so forth rapidly worsening the situation, writes Dake Rechsand CEO Chandra Dake
  • All nations in the region are experiencing groundwater depletion. The rate of withdrawal of surface and groundwater is very high, with low replenishment rates, he adds

AI, metaverse boost training and streamline hirings

The new virtual training environments allow the creation of a fully realised world that can be manipulated to appeal to...
  • Combining AI and metaverse technologies affords companies an incredible new opportunity to train and equip people with the necessary skills
  • The new technologies have the potential to deliver a US$1.6 trillion boost to the global economy over the next eight years, according to PwC forecasts

How the Middle East can promote agritech

The region’s agriculture suffers from a variety of economic and policy problems. There is a lack of agricultural labor. The...
  • The Middle Eastern countries need to adopt the latest agritech to make their farming sustainable, and to overcome their food supply and security challenges
  • The region’s agriculture suffers from various economic and policy problems. The sector’s capabilities are underdeveloped, yields are low and soil salinity is an issue

OPEC+ output cuts continue to impact energy market

Commodities, meanwhile, trade mostly higher as the market's focus remain altered between optimism over China reopening after exiting its strict...
  • Commodities trade mostly higher as the market's focus remains altered between optimism over China reopening and an extended rate hike cycle in the US
  • Energy market, meanwhile, continues to focus on the price-supportive impact of OPEC+ production cuts and upcoming EU sanctions against Russian crude sales

Global talks between religions key to peace and justice

The hopes placed on the event -- attended by prominent religious figures and symbols, including the Grand Imam of Al...
  • Bahrain Dialogue Forum East and West for Human Coexistence is a key event seeking to build bridges of dialogue between different religions, sects, thoughts and cultures
  • The event is attended by prominent religious figures and symbols, including the Grand Imam of Al Azhar and Pope Francis of the Catholic Church

Multitenancy in cloud makes work more enterprising

Multi-tenant cloud-based deployment can offer vast amounts of storage, a speedy implementation, and advanced security capabilities. If the leadership team...
  • As a true cloud-based platform, multi-tenant deployment can offer vast amounts of storage, a speedy implementation, and advanced security capabilities
  • If the leadership team is seeking comprehensive, end-to-end transformation, multi-tenant is unequivocally the best option for the long term

Firms in Middle East focus on sustainability innovation

Innovations poised to have an important impact on the sustainability of seven industries: advanced manufacturing services, retail, banking, energy, healthcare,...
  • With growing value chain volatility, efficiency in retail is fundamental, and AI more accurately monitors and reduces scope 3 emissions
  • Investing beyond carbon is now fundamental and nonnegotiable for an entire portfolio-level transformation by energy companies

Refinery margins go up for gasoline, distillate products

Strength this week has been driven by a continued developing tightness in the fuel product market, US exports of crude...
  • While crude oil has been mostly rangebound since July, the fuel product market has continued to tighten as supplies in Europe and the US have become increasingly scarce
  • As long as the product market remains this tight, the risk of seeing lower crude oil prices -despite the current worry about recession - seems to be low, says Saxo Bank expert

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

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Women break barriers for gender equality in finance

This culture should recognize and value the contributions of women and prioritize their growth and development. By highlighting successful women...

For GCC, centralized demand planning is indispensable

Facing challenges like varied categorization and technical standards, GCC economies are turning to innovative solutions. With digital technologies and unified...

MEA brands focus on personalized customer experience

"Post-Covid GCC travel trends are promising: about 50% of customers plan to increase digital spending in travel and retail. With...

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Logistics delivers boom with value-added services

"A top-tier, industry-specific enterprise resource planning (ERP) solution is vital for efficiently delivering these value-added services. Distributors grapple with supply...
  • The Middle East and African freight and logistics market is predicted to record a compound annual growth rate of about 6% between 2023 and 2028
  • To tap into growth opportunities in the region and for better results, distributors must consider incorporating value-added services into their strategies

BRICS expansion points to a shift in global dynamics

The Middle East, with its vast resources and strategic position, can play a crucial role in BRICS' vision of a...
  • The inclusion of major Middle Eastern countries, six out of the ten biggest global oil suppliers, will now be part of the BRICS
  • This gives the alliance significant leverage in the global energy market, potentially influencing global oil prices and energy policies

Cloud-based tools help optimize customer experience

Customer experience leaders in organizations of any size will see increased satisfaction in self-service, routing, and agent utilization by implementing...
  • Seventy percent of consumers believe a company's effectiveness is determined by its service
  • New tools help automate tasks, provide data and insights, inform decisions, and improve workflow