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.

‘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  • Given that there are still millions of unpatched sites using out of date Log4j code, it’s fertile ground for hackers.

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

What the world can learn from the Middle East’s wellness vision

Across the region, countries are aligning national visions with real investment in health, longevity, and quality of life.

Company News

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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...

Gaza and Ukraine: Two sides of the Western bias

The US President Joe Biden's recent statements on the ongoing Gaza conflict, especially his assertions about Hamas' headquarters and the...

Russia-UAE economic ties strengthen with $9bn trade

The streamlined IP processes, including efficient patent registration and robust litigation frameworks, are key factors contributing to this thriving bilateral...

Most Read

Global AI economy will reach over $32 trillion by 2027

The emergence of AI-managed portfolios marks a notable change in the investment realm. Success in this evolving landscape will require...
  • AI-driven portfolio management systems are challenging traditional investment methods.
  • The future of investment may lie in a hybrid approach, combining AI with human insight.

Expo City Dubai’s adaptive reuse redefines urban living

"With sustainability as a top priority in the region, we are excited to see more developers consider repurposing properties and...
  • Expo City Dubai stands as a landmark adaptive reuse project, signaling a shift towards sustainable development in the Middle East.
  • The new project repurposes the World Expo 2020 site into a self-sustaining and eco-friendly residential neighborhood in Dubai.

Dubai’s real estate defies the odds during global crises

The Palestine-Israel conflict and the war in Ukraine illustrate the difficulty in forecasting the enduring impact of such events. In...
  • Dubai's strategic neutrality in Middle Eastern conflicts underpins its appeal to foreign investors.
  • The city's reputation for safety and tolerance continues to attract a diverse international community.