What can employers do to combat STEM talent shortages?
Employers must prioritize retention by understanding employee preferences for benefits, hybrid working, and workplace culture, as effective retention strategies enhance...
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...
Opinion
Market Report
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...
- In Q2 2023, Saudi's capital market grew steadily, with Main Market capitalization rising by 9.24%, despite slower GDP growth and declining inflation from Q1
- Nomu - Parallel Market's capitalization surged by 54.61% during Q2 with eight new companies listed, as Saudi Exchange prioritized attracting foreign investors
Opinion
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...
- The Middle East and African freight and logistics market is predicted to record a compound annual growth rate of about 6% between 2023 and 2028
- To tap into growth opportunities in the region and for better results, distributors must consider incorporating value-added services into their strategies
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...
- The inclusion of major Middle Eastern countries, six out of the ten biggest global oil suppliers, will now be part of the BRICS
- This gives the alliance significant leverage in the global energy market, potentially influencing global oil prices and energy policies
Opinion
Cloud-based tools help optimize customer experience
Customer experience leaders in organizations of any size will see increased satisfaction in self-service, routing, and agent utilization by implementing...
- Seventy percent of consumers believe a company's effectiveness is determined by its service
- New tools help automate tasks, provide data and insights, inform decisions, and improve workflow
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
Opinion
Comprehensive data protection strategies are crucial
A solid Data Protection and Ransomware Recovery strategy includes several components, such as Data Identification and Flow Management, Data Risk...
- Ransomware attacks are growing in size and scope, with 85% of organizations hit at least once, a significant increase from 76% the previous year, writes Mohamad Rizk of Veeam
- Cyber insurance doesn't cover all ransomware costs, and policies are getting pricier. A comprehensive Data Protection and Ransomware Recovery strategy is vital for resilience
Opinion
Russia, Africa build a new, fairer global architecture
"I would like to note that the African continent is emerging as a new center of power right before our...
- Russia and Africa share a strong bond of friendship and mutually beneficial ties, with foundations laid in mid-20th century
- Russia and African states are working together to build a new, fairer global architecture and protect international law
Opinion
Expo bid validates Saudi Arabia’s diplomatic skills
While challenges remain in Saudi Arabia's bid for the Expo 2030 despite increasing global support, the Kingdom seems determined to...
- Saudi Arabia's deepening relations with countries across the world are reflected in the growing support for its Expo 2030 bid
- Despite competition from Busan and Rome, Saudi Arabia is strong contender due to global support and noticeable transformations
What can employers do to combat STEM talent shortages?
Employers must prioritize retention by understanding employee preferences for benefits, hybrid working, and workplace culture, as effective retention strategies enhance...
Company News
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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...
Opinion
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...
Opinion
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....
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Opinion
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.
Opinion
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.
Opinion
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.