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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

The proverb-ial road to success

After all, what is considered traditional wisdom — and therefore infallible — has at times been known to run counter...
  • Owners of today’s large enterprises are advised to resist the temptation to personally manage the daily affairs of businesses
  • Instead, they should hire the most talented professionals and delegate to them the authorities needed for that purpose

Technology changes worker-firm relationship

Technology is allowing firms to shift an increasing share of work outside of their traditional boundaries, reducing costs and improving...
  • Together, the rise of work-from-home and the gig economy have loosened the boundaries of the firm, making the ideas of a workplace and a worker more fluid
  • Today, technological advances and the emergence of new digital platforms are allowing firms to shift an increasing share of work outside of their traditional boundaries

Emerging markets: A constructive 2022 in sight

Even in the face of the ongoing COVID-19 pandemic, policy changes, technology disruption and other challenges, positive structural forces remain...
  • Across Emerging Markets, positive structural forces remain apparent and are likely to foster fresh investment opportunities
  • Digitalization and decarbonization will also play key roles in pushing up the growing economies, says

‘GCC may avoid NMCs, Abraajs with robust norms’

The region’s financial regulators must be extra vigilant to avoid catastrophic debt crises, Khalid Abdulla-Janahi, chairman of Vision 3, UAE,...
  • Strong corporate governance framework is an integral part of ensuring clean flow of money and the GCC region is yet to make some improvements, says Khalid Abdulla-Janahi
  • The companies in the region should have independent board members and directors with fixed term role to ensure high level of corporate governance, the Vision 3 chief adds

A perceptible de-escalation in the Gulf

A photo of Saudi Crown Prince with the Qatari emir and the UAE's security adviser shows youthful, physically fit leaders...
  • After a three-year boycott of Qatar, Saudi Arabia, UAE and Egypt have now restored relations with the Gulf country
  • The Gulf region has taken an important step forward in terms of political stability amidst pragmatic optimism

Delving into the future of cyber security

With successful COVID-19 vaccination programs under way, organizations in the Middle East are hitting the ground running as they reset...
  • Massive and fast transformations have to go hand in hand with increased cyber security measures
  • The best managed services providers continually invest in hiring and up skilling to ensure world-class protection against cyber threats and leaks

UAE’s forward-looking vision to contain pandemic

With a long-term forward-looking vision, the UAE continues its efforts to combat the spread of the COVID-19 variant, with the...

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve...

Leadership: a journey, not a destination

By Ian C. Woodward, Dubai Whether you are a leader of today or tomorrow – and no matter your field...

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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GCC governments focus on service fee reform

"Sometimes, the fees have undermined their intended purpose as a cost recovery tool for the provision of a service. For...

Towards the next 50 years between Japan and UAE

"In education, Japan is working to promote study exchanges and internships for Emirati students and young professionals. Japan continues to...

US is on course for soft landing, may avoid recession

During periods of economic stability, government focus typically gravitates towards infrastructure development. Investments in sectors like construction, transportation, energy, utilities,...

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Gulf states’ sovereign funds drive climate innovation

"The SWF investment in climate tech will help sustain the shift away from the Gulf States' traditional source of income...
  • Gulf States, with their vast land reserves, can provide the necessary space for setting up factories and infrastructure to facilitate climate tech companies
  • Sovereign Funds have potential to play a leading role in supporting the transition to a cleaner economy and ensuring a sustainable future for the region

Word power: Gender-neutral language need of the hour

"Despite all of the lovely words spoken by every company and organization during events such as International Women’s Day to...
  • Many airlines and airports continue to use gender-specific language despite efforts towards gender equality in the Gulf region
  • Gender-specific language is a reminder of historical bias that hinders efforts towards gender equality and this needs to change

US Federal Reserve’s rate hike risky and ill-timed

"It appears that the central bank is willing to sacrifice parts of the economy and tighten its grip on households...
  • The US Fed's failure to act earlier on inflation was a significant miscalculation, and now they have made another mistake with the latest rate hike, says deVere Group CEO
  • It could potentially trigger not only a short-term but also a longer-term recession in the world's largest economy, with detrimental effects on the global economy, he adds