Search Site

Trends banner

Opinion

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.

Digital innovation fuels surge in Iraq’s banking sector

"These banks excel not only in financial performance but also in adapting and innovating. Through partnerships with global entities like...

Strengthen emotional security to thwart cyberattacks

While love, loneliness, and excitement are easily exploitable emotions, any factor impacting someone’s emotional state can make them a target....

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

Hybrid healthcare puts patient at the center

Beside facilitating the delivery of quality treatment, telehealth has altered the competitive landscape of private healthcare, allowing providers to offer...
  • A vast majority of healthcare institutions has adopted new telehealth solutions while others expanded their existing programs to ensure patient care continuity
  • In the UAE, the telehealth market is predicted to reach over US$535.5 million by 2025, expanding at a CAGR of 25 percent from 2020 to 2025

Global leaders need to deal with cost-of-living crisis

Now is the time for emerging market policymakers to batten down the hatches. Eligible countries with sound policies should urgently...
  • More than a third of the global economy will contract this year or next, while the three largest economies—the United States, the European Union, and China—will continue to stall
  • The Ukraine war continues to powerfully destabilize the global economy. Beyond the escalating destruction of lives and livelihoods, it has led to severe energy crisis in Europe

Debt financing in climate tech sector set to grow

In climate-related sectors, debt funding is becoming more prevalent outside of traditional project finance opportunities such as solar parks, wind...
  • The debt financing universe has evolved over the last decade in response to this phenomenon and debt is no longer just the preserve of large technology companies.
  • Lenders are increasingly active within the start up to unicorn universe alongside profitable software businesses. Also, lenders offer a wide range of hybrid financing solutions

IPv6, DNS security enhance Zero Trust architecture

The Zero Trust mindset brings substantial benefits. System administrators can better control devices, processes and users that engage with data...
  • The Zero Trust security model can help cybersecurity professionals to secure enterprise networks and sensitive data, says a technology expert
  • The Zero Trust mindset brings substantial benefits. System administrators can better control devices, processes and users that engage with data in any way

Marketwatch: Tight supply battles recession risks

Adding to this, the market had witnessed September as a month of turmoil across financial markets driven by a surging...
  • The commodity sector traded lower by around 7% in September with the weakness being driven by growth-dependent sectors, like energy and industrial metals
  • September was a month of turmoil across financial markets driven by a surging dollar and traders sending bond yields sharply higher in anticipation of further rate hikes

Digital innovation fuels surge in Iraq’s banking sector

"These banks excel not only in financial performance but also in adapting and innovating. Through partnerships with global entities like...

Company News

Latest News

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...

Most Read

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