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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.

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...

Valuations tank but it’s not yet doom and gloom

Some of the fear in markets is unjustified, at least for now. Many of the economic factors that propelled deal-making...
  • There are reasons to remain upbeat. For a start, markets have rebounded. The NASDAQ is already back to October 2021 values.
  • Many of the economic factors that propelled deal-making last year, namely interest rates, haven’t actually changed. VCs, corporates, and others are still flush with cash

Kubernetes simplifies container use in the Middle East

With Kubernetes, regional enterprises have automated their deployment, managment and scaling of containerized applications. Since it is controlled by developers...
  • With Kubernetes, regional enterprises have automated their deployment, management and scaling of containerized applications.
  • Since it is controlled by developers and not infrastructure teams, there is a better understanding that ultimately leads to high quality results

Investing in HR technology crucial for small companies

A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent....
  • For any small and medium business, a modern human resources platform can be a powerful tool for transforming the acquisition, engagement and management of people
  • A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent beside automating repetitive activities

ESG strategy of firms in Middle East must not derail

Winning firms are exploring innovative alternatives, guided by a strong sense of purpose and a flexible strategy. Disruption doesn’t demolish...
  • Over the past few years, shifting investor and customer expectations cemented the importance of ESG in the corporate world, allowing it to withstand these kinds of shocks
  • The ESG has become an explicit decision-making consideration for companies, rising to the level of finance concerns, risk, operational integrity, and customer impact

KSA’s crude advice energizes commodity markets

Inflation-fighting measures, such as hiking rates and removing stimulus, was the main driver behind the recent correction in commodities that...
  • Gains have been seen across most sectors, led by agriculture as weather woes lifted the cost of coffee and the three major crops – especially corn
  • Industrial metals receive a boost from China’s continued efforts to support its weakening economy by announcing more stimulus policies

Core inflation is unofficially dead

If the apex banks focus too much on core inflation, it will be a big mistake. Food and energy will...
  • Central banks have been very late to the inflation game as they have underestimated the effects of the stimulus during the pandemic, says an expert
  • Food and energy will be at the center of the crisis years with climate change and green transformation being inflationary in the years to come, he adds

Gulf manufacturers must adapt to changing demands

To avoid threats to market share and profitability, manufacturers must stay alert and on top of the ever-evolving trends. You...
  • Change is the only constant in manufacturing today. Disruption, innovation, and continual refinement of shopfloor processes are driving factors in today’s complex market landscape
  • To avoid threats to market share and profitability, manufacturers must stay alert and on top of the ever-evolving trends, writes Kerry Koutsikos of Infor

What’s next for e-commerce in post-pandemic world?

Post pandemic, the logistics sector is best placed to support e-commerce businesses in tapping the unlocked potential of the large...
  • The average percentage of households in the GCC that have bought goods online has gone up from 2 percent to more than 8 percent , indicating there is still significant room to grow
  • In the GCC, the top five e-commerce websites have seen annual growth of more than 50 percent since 2015, going from 3 million to 21 million users per month, according to Kearney

More firms opt for M&As amidst financial distress

As money starts to dry up and subsequent funding rounds get more precarious, companies are expected to experience more acute...
  • The rapid rise in high-velocity M&A interest over the last months is driven by the inherent uncertainty surrounding the global economy and markets
  • Deal makers see a great window of opportunity but also understand this window could be fleeting, writes Victor Basta, Co-Head of DAI Magister

Goal: A just energy transition that’s equitable to all

It must be based on scientific, economic, and engineering facts, appreciate the multiple dilemmas and challenging trade-offs, and accelerate the...
  • Record growth in renewables, representing over 80 percent of all new power-generating capacity last year, is the clearest sign yet that the energy transition is gathering pace
  • Policies aimed at divesting from hydrocarbons too soon, without adequate viable alternatives, are self-defeating. They will undermine energy security, erode economic stability

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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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...

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...

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...

Most Read

Gulf’s green transition: How Turkiye can lead the way

As these countries -- including Saudi Arabia, UAE and Qatar -- progress to the next phase of their economic diversification,...
  • The act of presenting an electric car to the leaders of major fossil fuel-producing countries by Erdoğan highlights a shift in regional perspectives on future energy sources
  • As these countries -- including Saudi Arabia, UAE and Qatar -- progress to the next phase of their economic diversification, Turkiye can emerge as a dependable partner

Generative AI brings challenges and opportunities

"New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering...
  • The rise of ChatGPT has ignited immense interest in generative AI, with numerous businesses integrating it enterprise-wide
  • AI technology is proliferating at an unprecedented pace, surpassing any other technology, writes Gail Coury, SVP and CISO, at F5

FMCG sector drives global economic growth, innovation

"The growth of the FMCG industry is closely tied to population growth, urbanization, and rising disposable incomes. The sector is...
  • The FMCG sector is a primary source of employment, providing opportunities across the supply chain
  • The industry has strong linkages with ancillary sectors like packaging, advertising, logistics, and transportation