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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Real-time carbon footprint data crucial for effective actions, reducing emissions

AI-powered tools are crucial for measuring emissions accurately, enhancing accountability in achieving climate goals, Naim Yazbeck, the General Manager of...

BNPL gains currency in the UAE

It also seems to be extremely helpful for customers who want to pay for a purchase in installments or make...
  • BNPL payments in the UAE are expected to grow 89.4% on an annual basis to reach $1.82 billion in 2022
  • BNPL is not just for Gen Y and millennials; it is expected to see adoption by elderly individuals as well

GCC luxury market grows despite supply chain woes

The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO)...
  • High-end jewelry is expected to continue to record strong growth in the region
  • Meanwhile, online shopping has doubled in the Middle East in the last two years

Inspiring people is ‘a good legacy’: Sheikha Lubna

Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...
  • In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha
  • Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added

Smartphones, net speed fuel Saudi ecommerce boom

Pablo Martinez, Managing Director and Senior Partner at the Boston Consulting Group, sheds light on what lies ahead for the...
  • In 2020, the Saudi ecommerce accounted for only 6% of overall retail sales, while major markets contributed 18%
  • Only a small set of online retailers in influential cities of the kingdom offers same-day delivery, a standard in developed markets

GCC retail electronics set for boost as buyers return

The retail electronics sector has proliferated in GCC countries, with demand rising not only due to the urge to own...
  • In 2020, the global consumer electronics market was expected to generate revenues of $1.4 bn, with a CAGR of 4.6%
  • The retail electronics market reached over $1 bn globally in 2022, and is expected to grow by 1.82% annually

MENA businesses are battling social media scams

Saeed Ahmad, Callsign’s Managing Director for the MENA region, explains how a single fraudulent message impersonating an entity can erode...
  • Scams have targeted 66 percent of people in the UAE in recent years, and the phenomenon is spreading
  • Around 50 percent of the region’s consumers lose faith in an organization whose name appears in a scam message

F&B sector in GCC eyes greater sustainability

Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally —...
  • Pollution and plastic litter in the ocean are the joint top environmental worry, while global warming is a close second
  • GCC countries have launched several initiatives to educate consumers about recycling and sustainable consumption

New UAE law boosts family business growth

Haoula considers it extremely important to sustain family businesses as a recognition for their efforts historically, and for the advantages...
  • Corporate tax in the UAE is expected to be among the most competitive in the world, due to the 9% introductory rate and no tax for profits up to $102k
  • Personal income that does not come from a licensed business or commercial activity in the UAE will not be subject to corporate tax

Saudi Crown Prince opens up on every little thing

Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...
  • The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam
  • He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet

Israel stock exchange eyes GCC investors

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the...
  • The UAE is key to the relatively small but growing Israeli bourse’s new strategy of “going east” to globalize its foreign investment pool
  • Tel Aviv Stock Exchange has traditionally been heavily oriented towards the US, but is now looking to expand to the GCC and the rest of the world

A dirham and a dream: Matthews Southwest’s Jay French on future of UAE real estate

From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a...

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‘UAE’s new labor law is a game-changer’

Legal and business leaders tell TRENDS that the new legislation is in line with the industrial modernization roadmap that the...

Musk’s world and we just live in it

Buying Twitter is just the latest conquest for Musk, who has revolutionized the car industry, sent his own rocket to...

Should you invest in Metaverse real estate?

The economic opportunities and jobs created by the Metaverse will revolutionize how we work, socialize, play, and earn, says Sebastien...

Most Read

Abu Dhabi to trade carbon credits like assets

Carbon credits can be traded on legal carbon markets, such as the Emissions Trading System of the European Union. They...
  • Expected to launch in Q3 2022, ACX will be established as a recognized investment exchange regulated by ADGM
  • The GCC's broader plan to achieve net-zero was one of the main factors in establishing a carbon market in Abu Dhabi

BNPL gains currency in the UAE

It also seems to be extremely helpful for customers who want to pay for a purchase in installments or make...
  • BNPL payments in the UAE are expected to grow 89.4% on an annual basis to reach $1.82 billion in 2022
  • BNPL is not just for Gen Y and millennials; it is expected to see adoption by elderly individuals as well

GCC luxury market grows despite supply chain woes

The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO)...
  • High-end jewelry is expected to continue to record strong growth in the region
  • Meanwhile, online shopping has doubled in the Middle East in the last two years