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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

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...

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

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

Dubai, Abu Dhabi real estate market thrives in Q1 2024

“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...

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Expo City Dubai’s adaptive reuse redefines urban living

"With sustainability as a top priority in the region, we are excited to see more developers consider repurposing properties and...

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...

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...

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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...
  • GCC governments can attain more effective demand planning by mandating a common harmonized data structure and forecasts based on volatility metrics
  • As GCC aims to reshape their economies by fortifying local industries, governments and SOEs have a golden opportunity to attract the necessary investment

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...
  • In the digital era, customer engagement is vital, shifting from transactional ties to interactive bonds; 20% of engaged patrons drive 80% of sales through endorsements
  • Post-Covid, travelers see personalized offers, not just reminders; 34% might switch due to poor communication; GCC sees rising digital spend; CEPs promote sustainable growth.

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...
  • In Q2 2023, Saudi's capital market grew steadily, with Main Market capitalization rising by 9.24%, despite slower GDP growth and declining inflation from Q1
  • Nomu - Parallel Market's capitalization surged by 54.61% during Q2 with eight new companies listed, as Saudi Exchange prioritized attracting foreign investors