Opinion

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

What 2023 has in store for the GCC auto industry?

A number of other things will also influence the auto industry this year. The most obvious being the expectation of...
  • In 2022, customers across the GCC faced issues in availability of vehicles, restrictions on configurations and delays in those vehicles once orders were placed
  • The semi-conductor crisis is far from completely resolved and will impact the auto industry in the GCC and the rest of the world in 2023

Industrial manufacturers need to be proactive amidst rising rates, skilled labor crunch and fewer subsidies

Organizations that decide not to or are unable to act will continue to find themselves patching together reactive solutions to...
  • While the global slowdown may reduce some of the tension on the labor markets, having access to the right skills in the right place will be an ongoing challenge
  • The year 2023 is expected to see increasing attempts at cyberattacks, both to gain access to critical data and to enact ransomware

IT sector needs to prioritize few key areas in 2023

Telco companies have already been building clouds for years, but as the drive towards distributed applications, choice and a highly...
  • Technology, by and large, continues to present huge promise at a time when certainty and reliability is otherwise in short supply, says Joe Baguley of VMware
  • Finite financial resources with rising costs and an increasing drive for more effective governance fail to slash the list of IT leaders’ priorities, he adds

Networking set for major transformations next year

With an intensified focus on end user quality of experience while increasing protection from cyberattacks, IT will look to a...
  • The network now plays an even stronger role, powering the transformation journey that’s needed to thrive during uncertainty and preparing organizations for what comes next in 2023
  • Adopting a NaaS strategy will help organizations meet sustainability objectives since leading NaaS suppliers have adopted carbon-neutral and recycling manufacturing strategies

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

The shift from innovative to native: Unlocking where real AI value lies

There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...

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Bahrain emerges as a thriving hub for tech startups

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GCC drives ahead into the future of transportation

With the technology and vision firmly in place, the GCC countries are now building momentum, developing the partnerships, infrastructure, and...
  • The GCC, led by the UAE and Saudi Arabia, emerging as strong contenders in autonomous mobility.
  • Saudi Arabia's strategic initiatives are positioning it as a global leader in autonomous transport.

Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
  • Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
  • UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

Time to transform climate commitments into action

"At COP28, governments need to focus on two timeframes: an immediate surge in climate action and a springboard for the...
  • The climate crisis escalates, demanding bold action at COP28 in Dubai, says UN Climate Change Executive Secretary Simon Stiell.
  • Developing nations require substantial financial support for climate resilience and renewable energy initiatives, he adds.