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...
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...
Opinion
Embracing the future: Why Biden’s banking regulation push needs to include digital financial institutions
In an age driven by rapid innovations, more people are turning to fintech and digital banking solutions as traditional banking...
- The Biden administration's push for tighter banking regulations is well-intentioned but must include a focus on digital banking to keep pace with rapid tech innovations
- As more people are turning to fintech and digital banking solutions, the US government risks falling behind in a fast-changing sector by focusing only on legacy banks
Opinion
Markets get affected as financial turmoil resurfaces
Crude oil has been challenged by the continued loss of risk appetite. The banking crisis has particularly impacted the energy...
- The collapse of Silicon Valley Bank and troubles at Credit Suisse sparked turbulent trading activity, particularly in the bond market
- Gold and silver have benefited from a 3.5% drop in the dollar and a 110bps collapse in the two-year US government bond yield
Opinion
Fed in dilemma over inflation, financial stability
"It appears that the Fed has not learned from the mistakes of the 1980s. Throughout much of the 1970s, the...
- If the US Federal Reserve had implemented an increase of more than 25 basis points, it could have triggered further instability
- The Fed must learn from the past mistakes and proceed with caution to avoid financial instability, says deVere CEO Nigel Green
Opinion
Optimal user experience crucial for hybrid workers
More than 60 percent of employees worldwide have chosen hybrid work structures, and over 66 percent of UAE employees prefer...
- More than 60% of employees worldwide have chosen hybrid work structures, and over 66% of UAE employees prefer to work from home, says an expert
- Remote workers face IT challenges that impede productivity, from UCaaS quality concerns to VPN access challenges, adds Gaurav Mohan of NETSCOUT
Opinion
ESG investment, COP28 drive GCC sustainability bid
As the effects of climate change intensify each year, there is an urgent need to transform multiple industries to meet...
- UAE accelerates its sustainability objectives with laser-focused ESG plans and policies, writes Damian Hitchen, CEO of SAXO Bank MENA
- As the UAE is all set to host COP28, an investment pledge of AED600 billion by 2050 comes with its own set of challenges, he adds
Opinion
MENA region shines more on the global energy map
The Abraham peace Accords between Israel and some Middle Eastern countries has paved the way for new cooperation and energy...
- Diplomatic efforts, capacity building, and support for sustainability make Middle East and GCC region significant in global energy arena, says an expert
- Tension between Russia and western Europe prompts search for new energy sources, benefiting oil-producing companies in the region, adds Ritu Singh of Stone X
Opinion
Marketwatch: Commodities see bumpy start to March
The Chinese government’s desire to avoid making the same mistakes other governments and central banks have made has driven inflation...
- March kicked off with continued and broad weakness after China and the US, the world’s two biggest commodity consuming nations, both delivered price softening news
- Sentiment received a further setback after steep losses in two small US lenders – helping drive the S&P 500 index to a two-month low, a report by Saxo Bank suggests
Opinion
Openness to new financial models and regulations draws international blockchain companies to the UAE
The UAE is poised to become a hub for blockchain firms and startups, and a leading example for the rest...
- UAE's supportive regulatory environment and willingness to embrace innovative financial models attracted global firms and entrepreneurs to leverage web3 technologies
- The growth and potential of virtual assets within the UAE are undeniable, and the country has created a framework that fosters innovation and economic sustainability
Opinion
Tech industry careers are getting gender neutral
Women should stop thinking that they are different from men at workplaces. Instead, they should start investing in their careers...
- It is important to be able to sense the changing business needs and adapt yourself and support your team to be in line with the change
- Strolling, jogging, running and walking are different phases of a career growth. Enjoy each phase and hang on to things that motivate you
Opinion
Healthcare set to benefit from industrial metaverse
As the industrial metaverse ramps up, its impact will be far reaching beyond the industrial realm. It will create a...
- As the industrial metaverse ramps up, its impact will be far reaching beyond the industrial realm, writes Dmitry Kaminskiy, General Partner at Deep Knowledge Group
- It will create a direct impact on human lives through advanced healthcare, digital human avatars, human longevity, virtual surgical operations, and much more, he adds
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...
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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....
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...
Opinion
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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.