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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

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...

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...
  • US President Joe Biden's recent press conference highlights differing narratives on conflicts in Ukraine and Gaza, writes Shakir Husain.
  • Western support for Israel's actions in Gaza underscores a shift from observers to participants in Middle Eastern conflicts, he adds.

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...
  • The UAE's innovations in the oil sector offer patent opportunities in Russia.
  • Intellectual Property (IP) protection vital for Russian imports of UAE goods.

Urgent need for container-specific data protection

With cyber-attacks up to 85% from 76% last year, organizations must prioritize proven backup and recovery plans to stay ahead...
  • Container technology, while not new, is reaching a widespread adoption tipping point.
  • Misunderstandings persist around container technology and Kubernetes management.

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.

US curbs on Iran’s oil exports may hit global portfolios

The US tightening sanctions on Iranian oil could have a negative impact on individual and institutional investment portfolios by disrupting...
  • The potential US sanctions on Iran's crude oil exports, due to its support for Hamas, could directly impact global portfolios, especially those with energy sector assets.
  • Potential restrictions on Iran will present both challenges and opportunities for energy stocks, possibly prompting central banks to raise rates amid inflation concerns.

Women break barriers for gender equality in finance

This culture should recognize and value the contributions of women and prioritize their growth and development. By highlighting successful women...
  • In the financial sector, diverse teams enhance decision-making and performance, yet women occupy just 10% of CEO roles in Fortune 500 companies
  • Emirati women constitute 31% of the UAE's finance sector workforce, underscoring the crucial role of mentorship and role models in advancing their careers.

For GCC, centralized demand planning is indispensable

Facing challenges like varied categorization and technical standards, GCC economies are turning to innovative solutions. With digital technologies and unified...
  • GCC governments can attain more effective demand planning by mandating a common harmonized data structure and forecasts based on volatility metrics
  • As GCC aims to reshape their economies by fortifying local industries, governments and SOEs have a golden opportunity to attract the necessary investment

MEA brands focus on personalized customer experience

"Post-Covid GCC travel trends are promising: about 50% of customers plan to increase digital spending in travel and retail. With...
  • In the digital era, customer engagement is vital, shifting from transactional ties to interactive bonds; 20% of engaged patrons drive 80% of sales through endorsements
  • Post-Covid, travelers see personalized offers, not just reminders; 34% might switch due to poor communication; GCC sees rising digital spend; CEPs promote sustainable growth.

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

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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...

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...

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...

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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.