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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

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...

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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:...

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,”...

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.

Most Read

Major GCC countries see push for Arabic e-gaming

People are hungry to consume content that they can understand and more importantly relate to, says Eyad Basheer, chief operating...
  • Around 70 percent of Arab smartphone users have their phones set to Arabic, indicating a preference for content in their mother tongue
  • According to management consultancy firm Strategy&, mobile gaming will be a $2.3-billion industry in the region by 2022

‘Challenging year ahead for logistics industry’

Companies have used innovative methods to keep their operations running while overcoming numerous challenges linked to Covid-19 pandemic. However, the...
  • The limited capacity and high freight rates will remain until global vaccine campaigns gather traction
  • Logistic companies who fail to recognize necessity of digital adoption will be left behind

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