GCC optimistic about FDI growth despite hiccups
Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic...
Videos
Rate rise boosts Gulf banks amid crisis
Despite global economic challenges such as the crisis, inflation, and high interest rates, the GCC banking sector has shown impressive...
Interview
Videos
Relative debt of GCC countries
Here’s a look at which countries in the Gulf Cooperation Council (GCC) have how much debt, and how they compare...
- Global organizations like the World Bank could lend them money to improve their economy and infrastructure
- Nations have also been known to take loans from their own population, like in times of war, to raise money
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
Videos
Grocery apps reap Ramadan benefits
Grocery apps are witnessing a busy period during the Holy Month as scorching summer persuades customers to remain indoors while...
- More than two years of the Covid-19 pandemic have led to a rise in the adoption of personal electronic devices
- This itself has led to a change in people’s behavior, especially when it comes to entertainment and ecommerce
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
Videos
UAE, Saudi Arabia in key global pension index
Here’s a look at what landed the UAE and Saudi Arabia among some of the better countries with a pension...
- A good pension scheme could help a person retire with varying degrees of financial independence
- It depends on factors like their monthly pension amount, passive income, and overall expenditure
Videos
Where does fisheries stand in UAE economy?
The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move...
- The UAE has been striving to achieve food security through several of its initiatives
- It has also been looking to achieve a degree of sustainability in the fisheries sector
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
Videos
Which GCC countries have largest renewable capacity?
From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.
- Saudi Arabia is developing a sustainable renewable energy sector to support its economic growth
- More and more industries in the UAE are embracing solar in a big way as power demand rises
Videos
Arab countries see surge in crypto investors
In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and...
- Consultancy firm Triple-A estimates global crypto ownership rates at an average of 3.9 percent
- The number of cryptocurrency investors is expected to rise in 2022, mainly in the UAE and Bahrain
Videos
Passport strength: Where do Arab countries stand?
The Henley Passport Index ranks 199 passports, based on how many countries and territories their holders can travel to without...
- Japan and Singapore tied for first place of the best international passports
- Germany and South Korea came in second place: Their residents can visit 190 countries without a visa
GCC optimistic about FDI growth despite hiccups
Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic...
Videos
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Gulf states stare at slower GDP growth in 2023
The world, according to the latest World Bank report, may be edging toward a global recession this year. Here is...
Videos
Saudi-China relations warm up with strategic deals
A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.
Videos
35.6% rise in Saudi women’s economic participation makes TOP CEO Conference’s May predictions true
The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May...
Economy
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Economy
PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA
Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...
- Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report
- The TOP CEO Conference held in Dubai in May 2022 had suggested that women in the MENA region have made significant gains and have become a vital part of the region’s workforce
Business
$121bn GCC projects in pipeline: Trust, transparency key to their success, TOP CEO Conference heard in May
Beside leadership and vision, trust, communication and transparency between all the stakeholders play a key role in any and every...
- Beside leadership and vision, trust, communication and transparency between all the stakeholders play a key role in any and every project’s success, experts had said at the event.
- More than $50bn of social infrastructure work, according to Meed Projects, is being executed across the Gulf region, while the remaining $70bn is in various stages of planning
Business
Global economic crisis takes fizz out of MENA startups
MENA startups had begun the year with a deluge of funding from investors, but toward the year end a dark...
- The startups in the region have raised more than $2.5 billion this year and made more than 500 deals, according to estimates
- The UAE raised $460 million in 24 deals in October, a huge boost compared to the country’s $27 million raised in September