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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

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.

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...

UHNWIs drive Dubai’s luxury real estate growth

"The ultra-high-net-worth individuals (UHNWIs) have transformative impact on the real estate market. These individuals, with their discerning tastes and substantial...

Improved management may reduce insurers’ costs

Insurance claims are the ‘moment of truth’ for the customer and the biggest cost in the potential profit and loss,...
  • Claims management is growing increasingly complex, making it hard to identify the opportunities and define the solutions that are vital to future success
  • Closed claims assessment can be an intense and time-consuming activity, but the savings potential outweighs the effort involved, says an Arthur D. Little report

EVs help GCC countries achieve net zero goals

Through strategic investments in our vehicles, services, businesses and technologies, we are leading the way toward a cleaner, smarter and...
  • We remain optimistic for a bright future of mobility as regional governments bring to life various net zero visions, writes Gary West of General Motors
  • Through strategic investments in our vehicles, services, businesses and technologies, we are leading the way toward a cleaner, smarter and safer society, he adds

Stories from MENA that defined democracy in 2022

The MENA region remains largely uneven, and the democracy and human rights situation looks bleak with little prospect of improvement...
  • During 2022, autocrats in the region have taken advantage of opportunities to extend their powers, says International IDEA’s Global State of Democracy 2022 Report
  • Overall, the MENA region remains largely uneven, and the democracy and human rights situation looks bleak with little prospect of improvement in 2023, the report adds

Growing skill gap adds to cybersecurity burnout

Studies suggest that the Middle East and Africa region rank fourth worldwide in terms of the most ransomware attacks. Between...
  • Less than half of new employees receive cybersecurity training and regular updates throughout their career, highlights a study by Accenture
  • Well-trained staff and a monitored environment are crucial to the successful protection of any organization, says Adrian Taylor of A10 Networks

The rise of the new Arab World

Cities across Europe and North America, and their infrastructure, service and hospitality are pale in comparison to the Arab region...
  • Today, Abu Dhabi, Doha, Dubai, and Riyadh [in alphabetical order] are among the best cities/markets to work and live in, with opportunities and speed of execution unseen elsewhere
  • The developments of the past two months have shown the world that this part of the planet will have a bright future, writes Julien Hawari, a Dubai-based thought leader

Constant evolution of enterprise technology helps Middle Eastern economies grow at faster pace

Enterprise technology will move from closed, centralized platforms to more open, federated, and streaming ecosystems of services. The key battlegrounds...
  • Changes in enterprise technology lie at the root of major shifts in the economy and in the ways that companies do business, across nearly every industry
  • Customers are pulling companies toward this technology-driven edge, since many now prefer using digital platforms to deal with real people, say experts

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

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...

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Russia-UAE economic ties strengthen with $9bn trade

The streamlined IP processes, including efficient patent registration and robust litigation frameworks, are key factors contributing to this thriving bilateral...

Urgent need for container-specific data protection

With cyber-attacks up to 85% from 76% last year, organizations must prioritize proven backup and recovery plans to stay ahead...

Global AI economy will reach over $32 trillion by 2027

The emergence of AI-managed portfolios marks a notable change in the investment realm. Success in this evolving landscape will require...

Most Read

Dubai’s real estate defies the odds during global crises

The Palestine-Israel conflict and the war in Ukraine illustrate the difficulty in forecasting the enduring impact of such events. In...
  • Dubai's strategic neutrality in Middle Eastern conflicts underpins its appeal to foreign investors.
  • The city's reputation for safety and tolerance continues to attract a diverse international community.

US curbs on Iran’s oil exports may hit global portfolios

The US tightening sanctions on Iranian oil could have a negative impact on individual and institutional investment portfolios by disrupting...
  • The potential US sanctions on Iran's crude oil exports, due to its support for Hamas, could directly impact global portfolios, especially those with energy sector assets.
  • Potential restrictions on Iran will present both challenges and opportunities for energy stocks, possibly prompting central banks to raise rates amid inflation concerns.

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...
  • In the financial sector, diverse teams enhance decision-making and performance, yet women occupy just 10% of CEO roles in Fortune 500 companies
  • Emirati women constitute 31% of the UAE's finance sector workforce, underscoring the crucial role of mentorship and role models in advancing their careers.