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.

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

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

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

Inside the UAE’s integrated approach to food security

Professor Tareq Osaili, Vice Dean, College of Health Sciences, Clinical Nutrition and Dietetics at the University of Sharjah, says the...

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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...

UHNWIs drive Dubai’s luxury real estate growth

"The ultra-high-net-worth individuals (UHNWIs) have transformative impact on the real estate market. These individuals, with their discerning tastes and substantial...

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

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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...
  • Zero Trust is a mindset, not a destination, requiring continuous evolution in cybersecurity practices.
  • Cybersecurity is an arms race, with the need to adapt and evolve to remain ahead of online threats.

Strengthen emotional security to thwart cyberattacks

While love, loneliness, and excitement are easily exploitable emotions, any factor impacting someone’s emotional state can make them a target....
  • Social engineering exploits individual vulnerabilities, using human nature to gain the unauthorized access.
  • Heightened emotions, such as those around Valentine’s Day, can make individuals more susceptible to cyberattacks.

CFOs at forefront of ESG integration in businesses

"The CFO's role as an ESG guardian and promoter varies significantly across organizations. CFOs with limited ESG experience should deepen...
  • Integration of ESG into finance sectors highlights the evolving expectations from CFOs.
  • In-house research shows 89 percent of CFOs rate communication as the most vital skill.