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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.

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...

Erdogan’s visit a game-changer for Turkish-Gulf ties

For the wealthy Gulf states, combining their resources with Turkiye's defense and industrial achievements will produce lasting benefits not only...
  • Erdogan's visit was aimed to boost economic relations and tackle Turkey's economic challenges, writes Turkish Professor Ibrahim KarataÅŸ
  • Major agreements were signed with Saudi Arabia and the UAE, with a strong focus on defense and economic cooperation, he adds

GCC governments focus on service fee reform

"Sometimes, the fees have undermined their intended purpose as a cost recovery tool for the provision of a service. For...
  • GCC governments grapple with a complex web of service fees hindering businesses and residents
  • Unintended consequences turn fees into long-term taxes, undermining their original purpose

Towards the next 50 years between Japan and UAE

"In education, Japan is working to promote study exchanges and internships for Emirati students and young professionals. Japan continues to...
  • Japan has contributed significantly to the development of the UAE's oil industries and infrastructure since the 1960s, writes Japanese Prime Minister Fumio Kishida
  • Cooperation between Japan and the UAE spans sectors such as climate change, education, science and technology, space, and defense, the Japanese PM points out

US is on course for soft landing, may avoid recession

During periods of economic stability, government focus typically gravitates towards infrastructure development. Investments in sectors like construction, transportation, energy, utilities,...
  • The Consumer Price Index (CPI) rose just 0.2% in June and was up 3% from a year ago, says Nigel Green, the CEO and Founder of deVere Group
  • The Federal Reserve seems to be successfully controlling inflation without pushing the United States into a recession, opines Nigel Green

Act wise as institutional investors fuel Bitcoin’s rise

This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could...
  • As Bitcoin charts an impressive course, hitting a 12-month high, one major catalyst can be attributed to the growing interest of institutional investors in the cryptocurrency
  • This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could be the US's first Bitcoin spot ETF

Gulf states’ sovereign funds drive climate innovation

"The SWF investment in climate tech will help sustain the shift away from the Gulf States' traditional source of income...
  • Gulf States, with their vast land reserves, can provide the necessary space for setting up factories and infrastructure to facilitate climate tech companies
  • Sovereign Funds have potential to play a leading role in supporting the transition to a cleaner economy and ensuring a sustainable future for the region

Word power: Gender-neutral language need of the hour

"Despite all of the lovely words spoken by every company and organization during events such as International Women’s Day to...
  • Many airlines and airports continue to use gender-specific language despite efforts towards gender equality in the Gulf region
  • Gender-specific language is a reminder of historical bias that hinders efforts towards gender equality and this needs to change

US Federal Reserve’s rate hike risky and ill-timed

"It appears that the central bank is willing to sacrifice parts of the economy and tighten its grip on households...
  • The US Fed's failure to act earlier on inflation was a significant miscalculation, and now they have made another mistake with the latest rate hike, says deVere Group CEO
  • It could potentially trigger not only a short-term but also a longer-term recession in the world's largest economy, with detrimental effects on the global economy, he adds

The devastating impact of online identity theft

While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers have a profound...
  • Most online consumers reuse usernames and passwords, making them vulnerable to organized crime rings as the attack surface for account takeovers continues to expand
  • While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers erode trust and cause emotional trauma

Malaria-free Asia Pacific region within our reach

Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria....
  • Malaria remains a life-threatening disease transmitted by infected mosquitoes, causing millions of cases and deaths globally, says Altaf Ahmed Lal of Sun Pharma
  • Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria, he adds

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...

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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...

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...

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...

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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.