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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.

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

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’s high-end luxury real estate market prospers

The emirate’s upper market real estate sector is not something just anyone can develop. It requires large investments and a...
  • An increased number of high-end investors look at Dubai as a hub of opportunity and stability, writes Gavin Comerford, Projects Director at CHI SOL Investments
  • The emirate’s upper market real estate sector is not something just anyone can develop. It requires large investments and a full-fledged team who can deliver a quality 360 solution

Pandemic-spurred digital transformation is not enough

Remote work seems to be here to stay, and digital transformation will continue to facilitate it. For companies that haven’t...
  • Digital firms typically have a superior customer experience, better employee engagement and increased business growth, writes Naji Kazak, Managing Director - EMEA at Kodak Alaris
  • Manual processes, meanwhile, can cause companies to miss opportunities, make ill-informed business decisions and lose clients to competition, Kazak points out

Global disruptions shift focus to new work models

Organisations can either view recent global disruptions such as Covid-19 pandemic as a death sentence or as a chance to...
  • A large proportion of businesses across the world have felt the damaging effects of the Covid-19 pandemic
  • Recent research has revealed that 87 percent of small business owners have lost money over the last two years

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

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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...

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,...

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...

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Comprehensive data protection strategies are crucial

A solid Data Protection and Ransomware Recovery strategy includes several components, such as Data Identification and Flow Management, Data Risk...
  • Ransomware attacks are growing in size and scope, with 85% of organizations hit at least once, a significant increase from 76% the previous year, writes Mohamad Rizk of Veeam
  • Cyber insurance doesn't cover all ransomware costs, and policies are getting pricier. A comprehensive Data Protection and Ransomware Recovery strategy is vital for resilience

Russia, Africa build a new, fairer global architecture

"I would like to note that the African continent is emerging as a new center of power right before our...
  • Russia and Africa share a strong bond of friendship and mutually beneficial ties, with foundations laid in mid-20th century
  • Russia and African states are working together to build a new, fairer global architecture and protect international law

Expo bid validates Saudi Arabia’s diplomatic skills

While challenges remain in Saudi Arabia's bid for the Expo 2030 despite increasing global support, the Kingdom seems determined to...
  • Saudi Arabia's deepening relations with countries across the world are reflected in the growing support for its Expo 2030 bid
  • Despite competition from Busan and Rome, Saudi Arabia is strong contender due to global support and noticeable transformations