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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

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...

Choice and opportunity are crucial for empowerment

"These are all campaigns into which I have poured my heart and soul. True empowerment, the kind I want for...
  • Reema Bandar Al-Saud, Saudi Ambassador to the United States of America, responds to criticism in The Washington Post regarding the WTA Finals in Saudi Arabia.
  • She highlights the significant progress in women's rights and sports in Saudi Arabia, with 330,000 female athletes, advocating for a global, balanced dialogue on women's issues.

Disinformation, misinformation hurt global businesses

"These risks are serious because they limit our ability to tackle the big global challenges we are facing. Changes in...
  • Rebuilding trust and fostering global collaboration are essential to address the present challenges.
  • The role of AI and digital innovation in combating misinformation and boosting productivity.

AI revolutionizes UAE’s life sciences & healthcare

"By leveraging advanced data analysis techniques to process extensive datasets from diverse sources, including genomic data, scientific literature, and clinical...
  • AI is transforming drug discovery, diagnostics, and personalized treatments, marking a new era in medical research.
  • The UAE, especially Abu Dhabi, is setting global standards in longevity and healthcare integration for better future.

Emerging crypto hub UAE shapes digital assets’ future

"As 2024 unfolds, we anticipate that both private and public enterprises will increase their investments in the infrastructure and services...
  • Bitcoin marked a 134 percent increase in the year 2023, signifying a resurgent crypto market.
  • The UAE thawed the crypto winter, with institutional investments driving cryptocurrency deals.

Rising threat of lookalike domains poses new challenge

"Detecting these attacks and avoiding falling victim to them is vital, but the ability to take down lookalike domains is...
  • Lookalike domains deceive users via SMS, social media DMs, and QR codes.
  • DNS vulnerability allows attackers to create authentic-looking fake domains.

Welcoming 2024: A year of hope, healing, and unity

"Hopefully, 2024 will be a year in which we overcome the troubled period that started with the coup attempt, grew...
  • Every new year should be welcomed with joy, hope, and excitement, says Recep Tayyip Erdoğan, President of Türkiye.
  • We are entering the year 2024 with heavy hearts due to the negative events in our region and the world, he adds.

Bahrain emerges as a thriving hub for tech startups

Entrepreneurs equipped with the right skills, a robust business strategy, and the ability to forge meaningful collaborations are well-positioned to...
  • Bahrain is witnessing an increasing demand for digital transformation across various industries.
  • Entrepreneurs in the Gulf country need innovation, adaptability, and strong networks for success.

Acute hunger, healthcare collapse worsen Gaza crisis

The situation in Gaza is a humanitarian catastrophe, with hospitals like Al-Shifa and Al-Sahaba facing dire shortages of medical supplies...
  • Once Gaza's largest hospital, Al-Shifa is now confined to providing only basic first aid, severely limited by ongoing hostilities.
  • In Gaza, extreme hunger drives people to desperate measures, risking their safety in a relentless search for food to survive.

Navigating the rising tide of cyber threats in GCC

"Critical infrastructure organizations are distinct from other enterprises; their downfall could bring entire sectors of the economy down with them....
  • Rising cyber threats in the UAE and GCC are alarmingly high, with over 50,000 daily attacks causing significant financial and societal impacts.
  • High-profile attacks in the region have included notable incidents such as Aramco's ICS breach and multiple attacks on UAE's infrastructure.

GCC drives ahead into the future of transportation

With the technology and vision firmly in place, the GCC countries are now building momentum, developing the partnerships, infrastructure, and...
  • The GCC, led by the UAE and Saudi Arabia, emerging as strong contenders in autonomous mobility.
  • Saudi Arabia's strategic initiatives are positioning it as a global leader in autonomous transport.

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...

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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...

Vision 2030 empowers women in Saudi legal sector

"The progressive momentum generated in the past decade fills us with positivity and reassurance in the Kingdom, where we have...

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...

Most Read

CFOs at forefront of ESG integration in businesses

"The CFO's role as an ESG guardian and promoter varies significantly across organizations. CFOs with limited ESG experience should deepen...
  • Integration of ESG into finance sectors highlights the evolving expectations from CFOs.
  • In-house research shows 89 percent of CFOs rate communication as the most vital skill.

Choice and opportunity are crucial for empowerment

"These are all campaigns into which I have poured my heart and soul. True empowerment, the kind I want for...
  • Reema Bandar Al-Saud, Saudi Ambassador to the United States of America, responds to criticism in The Washington Post regarding the WTA Finals in Saudi Arabia.
  • She highlights the significant progress in women's rights and sports in Saudi Arabia, with 330,000 female athletes, advocating for a global, balanced dialogue on women's issues.

Disinformation, misinformation hurt global businesses

"These risks are serious because they limit our ability to tackle the big global challenges we are facing. Changes in...
  • Rebuilding trust and fostering global collaboration are essential to address the present challenges.
  • The role of AI and digital innovation in combating misinformation and boosting productivity.