Pope Leo XIV: Mild-mannered American with global view
The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...
Geostrategy
AI’s US$19.9tn contribution: Insights from Tealium on digital economy’s future
By 2030, every dollar spent on AI-powered solutions is expected to generate US$4.60 in economic value, according to global analyst...
Interview
Interview
GCC FMCG market faces headwinds
Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...
- Rising worldwide raw material and transportation costs have put pressure on FMCG profits
- The current global issues caused by rising oil prices is also impacting consumers and prices
Interview
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
Interview
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
Interview
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
Interview
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
Interview
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
Interview
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
Interview
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
Interview
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
Business
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
Pope Leo XIV: Mild-mannered American with global view
The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...
Geostrategy
Company News
Latest News
Rise and fall of luxury-loving former Malaysia first lady
Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been...
Geostrategy
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...
Interview
‘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...
Analysis
Most Read
Analysis
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...
- Revenues from the Metaverse are estimated to grow to $800 billion in 2024
- Metaverse plot prices rose from $100 in January 2021 to $15,000 in December 2021
Interview
GCC FMCG market faces headwinds
Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...
- Rising worldwide raw material and transportation costs have put pressure on FMCG profits
- The current global issues caused by rising oil prices is also impacting consumers and prices
Interview
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