Opinion

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

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.

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.

Alphabet and Tesla in focus as markets demand more from Big Tech

"Three months ago investors were comfortable funding aggressive AI investment," Gilbert added. "Today they're asking tougher questions. Markets now want...

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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....

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...

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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

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

Digital innovation fuels surge in Iraq’s banking sector

"These banks excel not only in financial performance but also in adapting and innovating. Through partnerships with global entities like...
  • At the forefront of this remarkable journey are banks like the National Bank of Iraq and the Bank of Baghdad (BBOB), which have exhibited exceptional growth and profitabitability
  • The establishment of the "National Company for Electronic Payment Systems in Iraq" underlines the sector's proactive approach towards embracing cutting-edge technology