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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.

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...

Qatar Economic Forum highlights country’s role

The forum reflects the strategic position of Qatar as an influential economic player and as a bridge for communication and...

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

GCC beauty sector puts best face forward

Consumers are spending more on beauty products and fragrances despite inflation, says Salem Kaissi, Vice-President of multi-brand luxury beauty concept...
  • Brands have had to strategize and react quickly to continue resonating with consumers in the market
  • According to Euromonitor International, the sector is estimated to be worth $58.3 billion by 2025

AI/ML boosts efficiency of GCC frontline workers

The Gulf region leads in adoption of artificial intelligence or machine learning to boost productivity, says Rami Darwish, CEO of...
  • The pandemic has highlighted the importance of making digital solutions available for field staff
  • Frontline and back-office must be on the same platform to facilitate information flow

What’s driving EV uptake in MENA?

Experts help TRENDS see the road that lies ahead for electric vehicles in the region, and its one of hope:...
  • Globally, 88 percent of EV owners are under the age of 45
  • A recent EV study revealed a similar trend in the UAE and Saudi Arabia

Remote working becoming a norm in MENA: Zoom

The year 2022 would “offer a more comprehensive acceptance of remote working policies, as more companies are allowing employees anywhere,”...
  • Around 76% of the UAE respondents chose Zoom as their preferred platform
  • Zoom is working hard to accelerate the UAE’s digital development across various sectors

Despite culture, MENA coffee business still nascent

The region’s coffee market growing rapidly creates new business opportunities, says Ali Al-Ebrahim, founder and CEO of COFE.
  • Coffee consumption in MENA has experienced a massive shift, with sales growing at twice the global average
  • Coffee has been at the heart of Middle Eastern culture for centuries

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...

Company News

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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...

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)...

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...

Most Read

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