Future-proofing hospitality asset value needs financial rigor with emotional intelligence
The GCC’s luxury hospitality sector has become a global benchmark, yet behind every polished facade lies an increasingly complex financial...
Opinion
IoT Connectivity: The Backbone of Modern Business
As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...
Opinion
Employee wellbeing key to unlock productivity
As business leaders are armed with the knowledge that hybrid working can form a part of the future, previously reluctant...
- In business, productivity is key to maximize the value organisations provide to customers, whether in increased output or commercial savings brought about by increased efficiency
- Now, finding new ways of doing business with customers is a reality for many organisations. That means the old metrics used to measure productivity may become irrelevant
Opinion
COP28: An opportunity to create a new narrative
The COP28, to be hosted in Dubai in 2023, is at a convenient time frame away from the recently concluded...
- The Middle East, with its long-standing water and food scarcity, arid/semi-arid climate, desert conditions, and a lack of groundwater resources, is key victim of global warming
- Ahead of hosting COP28, the UAE is well-positioned to press ahead with its strategies for sustainable food, water and agriculture systems
Opinion
Tips for family businesses in private equity model
Unlike many family businesses, successful private equity owners do not wait and hope for everything to go according to plan. ...
- Private equity firms regularly update the overall strategy and plans of their portfolio companies based on transparently shared info about the business and the market changes.
- Also, successful private equity owners always have a Plan B in place to respond to performance screwups and changes in the business environment quickly and decisively.
Opinion
How can UAE firms adapt to corporate tax?
Now entities that typically have strong brand equity, control over distribution, and very few competitors, have a competitive edge that...
- Generally, businesses react negatively to any tax announcement, like the UAE’s corporate tax
- However, companies within the UAE might themselves benefit the most from such a tax
Opinion
Investments key to improve region’s telecom services
There is so much more the industry can explore through digital engagement, including digitizing products and services, gamifying experiences, creating...
- In today's digital economy, personalized experiences have become a prerequisite for companies wanting to achieve bigger gains
- The pandemic has proved that more customers place quality networks and services above the pricing amount while making purchasing decisions
Business
Three trends that will shape payroll this year
It seems unlikely that the volatility we have experienced since the start of the pandemic will disappear. Therefore, payroll teams...
- Covid-19 has tested the flexibility and resilience of payroll teams, forcing them to cater for hybrid working models and respond with agility to evolving tax relief measures
- Challenging times have prompted many payroll departments to modernise their systems and processes in anticipation of even more change to come
Opinion
Diginomics helps revive region’s consumer confidence
It is becoming incredibly important for organisations, brands and brand owners to prioritise the refinement of their products and services....
- Armed with AI algorithms, tech startups, direct-to-consumer players, fintechs, edtechs, regional economies are becoming more digitally resilient
- It is becoming incredibly important for organisations, brands and brand owners to automate processes that are otherwise time consuming
Opinion
Cryptocurrencies: Proof-of-work spared for now
Due to growing environmental consequences, even though proof-of-work was spared in the EU for now, it is simply too fragile...
- The European Union was on Tuesday supposed to vote on a bill named MiCA intended to regulate crypto in the EU.
- The Ukrainian government is arguably one of the first governments to ask for donations in cryptocurrencies.
Opinion
Measuring the impact of investment on ESG factors
With more ESG marketing claims questioned by clients, asset and wealth management firms can no longer tout ESG without convincing...
- As investors get more sophisticated about ESG matters, they are questioning the claims of commitment to sustainably invested assets and ostensibly sustainable products
- The solution to this strategic challenge lies in prioritizing ESG factors for specific target clients and building a model that reliably quantifies the impact on those factors
Opinion
Gulf travel industry rides on frequent innovations
While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates...
- Adoption of advanced technologies for border control management have their share of risks. Also, the integrity of data sets can be corrupted through targeted attacks.
- The biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to identify passengers at faster rate
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Future-proofing hospitality asset value needs financial rigor with emotional intelligence
The GCC’s luxury hospitality sector has become a global benchmark, yet behind every polished facade lies an increasingly complex financial...
Opinion
Company News
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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...
Market Report
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...
Opinion
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...
Opinion
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Opinion
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
Opinion
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
Opinion
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