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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...

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...

Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
  • Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
  • UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

Time to transform climate commitments into action

"At COP28, governments need to focus on two timeframes: an immediate surge in climate action and a springboard for the...
  • The climate crisis escalates, demanding bold action at COP28 in Dubai, says UN Climate Change Executive Secretary Simon Stiell.
  • Developing nations require substantial financial support for climate resilience and renewable energy initiatives, he adds.

Social media plays key role in shaping online trading

"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
  • Social media has opened up opportunities for independent and self-motivated online traders.
  • Financial guidance is actively sought on social media platforms, especially by young investors.

AI, Industry 4.0 transform Middle East manufacturing

"As we look ahead, the manufacturing landscape is set to continue evolving, navigating through the VUCA (volatility, uncertainty, complexity, and...
  • Saudi Arabia, the UAE, and Egypt spearhead the Middle East's manufacturing growth, harnessing AI and Industry 4.0 to revolutionize their economic landscape.
  • In 2024, Middle Eastern manufacturers will focus on smart manufacturing, AI-enhanced supply chains, and digital ecosystems, driving sustainable growth in a pivotal year.

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...
  • AI is creating a 'frictionless' work environment, streamlining daily operations.
  • Invisible apps provide seamless integration, enhancing employee efficiency.

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.

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...

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Strengthen emotional security to thwart cyberattacks

While love, loneliness, and excitement are easily exploitable emotions, any factor impacting someone’s emotional state can make them a target....

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...

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...

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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.