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.

Technology and Short-Term Rentals in Dubai

Dubai’s short-term rental sector is being reshaped by cutting-edge proptech. From AI-driven guest personalization and immersive VR tours to smart...

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

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

Embed AI in workflows so deep that it becomes invisible: Matt Cloke

Becoming AI-native starts with a shift in mindset. To harness its full potential, we need to see AI not as...

Company News

Latest News

Navigating the rising tide of cyber threats in GCC

"Critical infrastructure organizations are distinct from other enterprises; their downfall could bring entire sectors of the economy down with them....

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...

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...

Most Read

Social media plays key role in shaping online trading

"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
  • Social media has opened up opportunities for independent and self-motivated online traders.
  • Financial guidance is actively sought on social media platforms, especially by young investors.

AI, Industry 4.0 transform Middle East manufacturing

"As we look ahead, the manufacturing landscape is set to continue evolving, navigating through the VUCA (volatility, uncertainty, complexity, and...
  • Saudi Arabia, the UAE, and Egypt spearhead the Middle East's manufacturing growth, harnessing AI and Industry 4.0 to revolutionize their economic landscape.
  • In 2024, Middle Eastern manufacturers will focus on smart manufacturing, AI-enhanced supply chains, and digital ecosystems, driving sustainable growth in a pivotal year.

AI, NLP transform business operations in Gulf region

AI and NLP are revolutionizing workplace efficiency by enabling employees to swiftly access essential information, thereby augmenting customer and personal...
  • AI is creating a 'frictionless' work environment, streamlining daily operations.
  • Invisible apps provide seamless integration, enhancing employee efficiency.