Eight Arab nations, $40.9bn impact: The World Cup’s economic power play
Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of...
Opinion
The shift from innovative to native: Unlocking where real AI value lies
There are, of course, technical hurdles to overcome, too, one of which is modernizing legacy systems. Many enterprises still operate...
Opinion
Opinion
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.
Opinion
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.
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...
- 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.
Opinion
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.
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.
Opinion
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.
Opinion
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.
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
Eight Arab nations, $40.9bn impact: The World Cup’s economic power play
Beyond setting a participation record, the unprecedented Arab presence at the 2026 World Cup highlights the growing economic influence of...
Opinion
Company News
Latest News
3 ways travel drives economic growth while enhancing global connections and sustainability
WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and...
How city governments can foster tech-sector growth without breaking the bank
City governments are usually equipped to promote their cities through websites, newsletters, communications, as well as hosting delegations visiting from...
Liberal media and rifts between Biden-Harris teams cost Dems 2024 election
Party insiders cite a damaging rift between Biden and Harris teams as a major factor in the Democrats' 2024 defeat....
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Opinion
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...
- As of early September 2024, the United States has provided $55.7 billion in military assistance since the conflict began in February 2022
- While the West supports Ukraine as the victim of Russian aggression, it simultaneously backs Israel in the Israel-Gaza conflict, where it supports the aggressor
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...
- In the face of a global STEM talent crisis, it's crucial for employers to innovate and strategize
- Companies can address this through collaborations with educational institutions – encouraging diversity and expanding the talent pool
Economy
Dubai, Abu Dhabi real estate market thrives in Q1 2024
“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...
- In Abu Dhabi, Q1 2024 recorded 814 residential transactions representing around 38% of the total transactions
- Data from the Dubai Land Department showed a significant surge in total sales transactions in Q1 2024