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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

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...

Ecommerce is fastest-growing channel in ME

In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.
  • A PwC report indicates that UAE consumers are making purchases on smartphones (53 percent), computers (39 percent) and tablets (31 percent)
  • As a result, the UAE’s retail ecommerce market reached $3.9 billion in 2020, indicating a 53 percent year-on-year increase

Breathable sand could disrupt UAE agri-sector

The technology could help the UAE grow more crops within its boundaries, ensuring food security, says Dake Rechsand CEO and...
  • The UAE is 80 percent desert, with less than 1 percent agricultural land
  • Systemic, climatic, and geographic concerns threaten food and water security in the country

New Dubai adventure: Eco-friendly surfing

What makes Dubai a tourist hub and an essential market for sustainable surfing is the region’s proximity to the sea?...
  • What makes Dubai a tourist hub and an important market for sustainable surfing is the region’s proximity to the sea
  • Artificial surfing has now takers in countries like Saudi Arabia, Oman, Qatar, and Egypt which also boast of a strong community of surfers

Jordan eyes investments with ICT growth

Investment opportunities also exist in IT solutions for Jordan's financial sector and enterprise solutions and emerging applications. In addition, Jordan...
  • Jordan's ICT sector generates 75 percent of the region’s Arabic internet content
  • Jordan offers a competitive proposition for investment in content applications and e-learning with fairly priced broadband internet tariffs

Saudi Arabia looks to lead solar-cell industry

Demand for PV technology will increase in 2022, says Fahad Bin Omairah, CEO of Bin Omairah Holding Company.
  • Masdar is a state-of-the-art PV solar panels factory with a total capacity of 1.2 GW and a SAR700 million investment
  • Solar panel systems are now priced $1-1.5 per watt

‘Saudi women entrepreneurs have it easier now’

Boundary-pushing journalist and entrepreneur Muna AbuSulayman tells TRENDS how things have changed for businesswomen in Saudi Arabia.
  • Young entrepreneurs who have never worked before struggle severely, and their businesses fail early, says Muna AbuSulayman
  • Influencers should create important and meaningful content for this new world and the new generations, she adds

Fast-rising politician pushes rebirth of Iraqi city

Halbussi, 40, travels frequently about the region, trading his elegant suits for jeans during field visits to shepherd the projects...
  • Halbussi, 40, travels frequently about the region, trading his elegant suits for jeans during field visits to shepherd the projects in Anbar province
  • Over the years Halbussi has been known to maintain good ties with the Baghdad federal government while cultivating relations with regional powers

Mikati seeks global support to revive Lebanon

The country no longer has the money needed to support its economy, says the new Prime Minister Najib Mikati said...
  • Lebanon is going through a major economic and political crisis
  • The World Bank has termed it as one of the deepest recessions recorded in modern times

Digitization key to Tamer Group’s success: Chairman

Tamer Group has achieved significant milestones in B2B to support digital fulfillment and enhance its services, chairman Ayman Tamer tells...
  • Mumzworld Acquisition will help the Group improve the B2B services and extend the digital journey to include B2C, says Ayman Tamer
  • As a Pearl Initiative partner, Tamer Group says it has adopted the best corporate governance and transparency standards

Shah’s son urges West to drive ‘nail in coffin’ of Iran clerical state

Pahlavi, like many others, has spoken before of the regime crumbling

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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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...

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)...

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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