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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.

Employment reforms add to women prosperity in KSA

Saudi women have reached unprecedented heights in work and social life, Sarah Al-Tamimi, vice chair of National Committee to Combat...
  • "Many sectors such as retail, construction, mining, work in tanneries, electricity production, car repair shops that had been closed to women are now hiring them."
  • "Saudi Arabia has introduced legislation guaranteeing equal pay for men and women and initiatives to support working women."

Arab women journalists brave war reporting challenges

War journalism takes its toll on media persons, but the qualities that characterize women may paint their work with extraordinary...
  • Several Arab women journalists have been reporting from the frontlines of Ukraine-Russian war.
  • Reporters should be fully prepared with the required background information to cover dangerous situations, she said.

Workplace diversity is both cultural & business issue

One of the biggest challenges for women in the GCC is the lack of possibilities in the workplace, Novonda founder...
  • Companies must make sure to have a diversity-friendly personnel policy and HR practices, says Novonda founder Jean-Pierre Calvez
  • Digitalization and flexible working strategies have been crucial for the workforce, he adds

GCC firms should focus on digital change: QIB chief

Bassel Gamal, the Group CEO of Qatar's second-largest bank, tells TRENDS that leaders should empower their employees to make decisions.
  • "Today, all GCC economies are recovering from the pandemic thanks to higher oil prices, supporting government spending and normalizing business activity."
  • "The leadership has shifted towards a more collaborative approach, fostering teamwork, productivity, innovation and creativity."

Talent war biggest business challenge: CBD head

Commercial Bank of Dubai CEO Dr. Bernd van Linder tells TRENDS that today’s business leaders must not only be consummate...
  • “Although I have always been a firm believer in participative leadership, it is clear to me that business leadership is now less hierarchical and involves even more participation.”
  • “To drive innovation, one of the key measures that leaders need to focus on is to encourage employees to take risks without the fear of failure.”

Dare to be different to make positive change: Joumana

Lebanese writer, journalist, and human rights activist Joumana Haddad tells TRENDS why she is unperturbed despite being one of the...
  • Joumana Haddad pays a price for her strong voice advocating for the rights of people, addressing otherwise taboo subjects
  • A big believer of self-expression, she uses her publication Jasad to tackle issues related to art, literature, and politics of the body

Metaverse: Opportunities vs challenges

New business models must be developed to take advantage of the metaverse's technology, says Fadi Kassatly, Partner, Enterprise Systems and...
  • By 2026, about 25 percent of internet users would spend at least an hour a day in the metaverse and 30 percent of organizations would use it to distribute their products.
  • Because of the metaverse, companies can now imagine new stakeholder engagements that include interactions and create value faster, realistically and with more significant impact.

SMEs across GCC need more decentralized approach

The companies must also strive for more delegated authority and accountability as delays and poor follow-up lead to disaster, says...
  • The firms must strive for more delegated authority and accountability as delays and poor follow-up lead to disaster, says Rabih I Khoury, Partner & Chief Exit Officer, MEVP
  • Also needed is the use of technology to facilitate communication and digital processes implementation and leverage mature SaaS functionalities through mobile apps, he says

Creative sector woos global investors to Gulf region

The regional economies in the creative sector are growing at a faster rate than inflation, says Michael Garin, General Director...
  • The regional economies in the creative sector are growing at a faster rate than inflation, says Michael Garin, General Director of Abu Dhabi Creative Authority
  • However, profound disruption of supply chains and the availability of critical materials in a timely manner remain a crucial challenge for the Gulf countries

SME development in Gulf region still in early stages

It is essential to know that the governments can't and shouldn't do everything independently to encourage their national talents. A...
  • Local talents are in short supply in the region in terms of skills and experience, says Amr Khashoggi, Chairman at Amkest Group
  • Due to COVID 19, many employees have got used to working out of home and are not keen on going back to trudging along to the office or factory

Focus on innovation and sustainability as RAKEZ helps businesses grow

The economic zone supports over 18,000 SMEs and multinational corporations, providing them with simplified processes, customized packages, and digitalized services,...

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Latest News

Nothing should hold Arab women back: Suzy Kanoo

Not only Arab women but all women should not be fettered by anything in pursuit of their goals, the Bahrainian...

GCC central banks should hike rates to combat inflation: L’AZURDE CEO

Inflation is an opportunity for a company to review strategically the portfolio of plans it offers, says L'azurde CEO.

Tinder Swindler opens doors for justice, says Pernilla

The star of the documentary drama, Pernilla Sjoholm, said that they have received support from the people. She said that...

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China, Russia far from ousting US power in GCC: Vision 3 Chairman Khaled Janahi

Are China and Russia taking over the US power in the Gulf Cooperation Council region? Khaled Janahi, chairman of Vision...
  • Khaled Janahi, chairman of Vision 3, was speaking to TRENDS on the sidelines of TOP CEO Conference and Awards.
  • He said China has come a long way from the perspective of economy and technological advancement .

‘Resilience more vital than efficiency for GCC startups’

The ongoing Covid-19 pandemic teaches several lessons to regional businesses, says UAE Minister Ahmad Belhoul Al Falasi.
  • The ongoing pandemic teaches several lessons to regional businesses, says UAE Minister Ahmad Belhoul Al Falasi
  • The entrepreneurship ecosystem in UAE has not yet reached full maturity but 'we are about 60-70% there', he adds

Realty helps UAE’s economy settle into new normal

The UAE's residential real estate market is poised to grow at a CAGR of 12.36 percent by 2026, Sharjah Sustainable...
  • The UAE's residential real estate market is poised to grow at a CAGR of 12.36 percent by 2026, Sharjah Sustainable City CEO Yousif Ahmed Al-Mutawa tells TRENDS
  • Appetite for villas and townhouses will grow in upcoming years due to the rise of work-at-home trends and social isolation, as well as the expansion of residential areas