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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Zero trust remains an ongoing cybersecurity evolution

Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...

AI revolutionizes UAE’s life sciences & healthcare

"By leveraging advanced data analysis techniques to process extensive datasets from diverse sources, including genomic data, scientific literature, and clinical...

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

Deploying every new technology isn’t advisable

We don’t need to jump into every bandwagon. We need to understand our security needs first and act accordingly. Your...
  • A zero-trust model is not an actual product or new certification in the cyber security industry, writes Dave Russell, Vice President of Enterprise Strategy, Veeam Software
  • Zero trust is all about building good habits within employees and ensuring that employees enable multi-factor authentication when accessing any apps or platform, he adds.

OPEC-forced rally in crude oil strengthens markets

The fear of the global organizations such as International Energy Agency that the OPEC+ decision would increase energy security risks...
  • The US inflation is expected to start slowing soon, thereby providing some relief to global economies hurt by a strong dollar, says an expert
  • Russia’s war in Ukraine and the actions taken by the West to counter Putin’s behavior remain a key source of support for several commodities

Zero trust remains an ongoing cybersecurity evolution

Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...

Company News

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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...

New initiatives to enhance Saudi market infrastructure

"This quarter, we focused on enhancing our market infrastructure and introduced several initiatives, including changes to the debt market; negotiated...

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...

Most Read

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

Gulf’s green transition: How Turkiye can lead the way

As these countries -- including Saudi Arabia, UAE and Qatar -- progress to the next phase of their economic diversification,...
  • The act of presenting an electric car to the leaders of major fossil fuel-producing countries by ErdoÄŸan highlights a shift in regional perspectives on future energy sources
  • As these countries -- including Saudi Arabia, UAE and Qatar -- progress to the next phase of their economic diversification, Turkiye can emerge as a dependable partner

Generative AI brings challenges and opportunities

"New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering...
  • The rise of ChatGPT has ignited immense interest in generative AI, with numerous businesses integrating it enterprise-wide
  • AI technology is proliferating at an unprecedented pace, surpassing any other technology, writes Gail Coury, SVP and CISO, at F5