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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.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

What can employers do to combat STEM talent shortages?

Employers must prioritize retention by understanding employee preferences for benefits, hybrid working, and workplace culture, as effective retention strategies enhance...

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

Disruptions bring with them fresh opportunities

CIOs should consider new possibilities enabled by graphene-based technologies and start to identify emerging suppliers. While elements of business composability...
  • Disruptions are fundamental shifts that create lasting change, and successful organizations will be those that are prepared to address them
  • CIOs must take time to consider “what if” scenarios to avoid being blindsided by social, behavioral and technological disruptions

MENA firms need defense mechanism against inflation

Winning firm can still seize the current moment with bold, decisive actions to address the near term, while building strategies...
  • As high inflation has persisted over the past year, many consumer product companies have found their initial increases were insufficient, experts from Bain & Company point out.
  • Today, it’s more important than ever for consumer products companies to build durable and flexible strategies that can withstand continued inflation and supply pressures, they add.

Iraq invests in people, works on sustainable goals

The challenges facing Iraq today are the result of long accumulations that we are working to dismantle and our hope...
  • Iraq looks forward to receiving more UN support in the reconstruction of the liberated areas affected by the occupation of the terrorist gangs, says country's PM
  • Despite the difficult circumstances, the Iraqis used that spirit of hope to fight terrorism and defeat it on behalf of the whole world, Al-Kadhimi adds

‘One man chose this war.  One man can end it’

"Defending Ukraine’s sovereignty and territorial integrity is about much more than standing up for one nation’s right to choose its...
  • Even a number of nations that maintain close ties with Moscow have said publicly that they have serious questions and concerns about President Putin’s ongoing invasion
  • Defending Ukraine’s sovereignty and territorial integrity is about much more than standing up for one nation’s right to choose its own path, fundamental as that right is

World has to fight food insecurity together

Over 100 countries have signed on to the Roadmap for Global Food Security. Many are already acting on those commitments....
  • At the outset of 2022, conflicts, COVID-19, the effects of the climate crisis had already driven more than 190 million people into acute food insecurity, Blinken said.
  • More than 100 countries have signed on to the Roadmap (for Global Food Security); Many are already acting on those commitments.

Commodities drop amidst darkening growth outlook 

In addition, demand in China continues to linger after the IEA said the world's largest importer of oil was heading...
  • Growth and demand concerns, as well as the stronger dollar making the cost of fuel increasingly expensive around the world, remains key focus of the markets
  • Demand in China continues to linger after the IEA said the world's largest importer of oil was heading for its biggest annual drop in demand in more than three decades

Attacks using Log4j exploit, Botnets are on the rise

While attacks using the Log4j exploit vulnerability can be effective for state actors focused on specific politically targeted websites, the...
  • Some of the most notable services affected by the vulnerability include Cloudflare, iCloud, Minecraft: Java Edition, Steam, Tencent QQ, and Twitter.
  • Given that there are still millions of unpatched sites using out of date Log4j code, it’s fertile ground for hackers.

What can employers do to combat STEM talent shortages?

Employers must prioritize retention by understanding employee preferences for benefits, hybrid working, and workplace culture, as effective retention strategies enhance...

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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...

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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