Search Site

Video

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

GCC at risk from cyber criminals in 2022

Companies are hemorrhaging millions of dollars to ongoing ransomware raids, with threat actors further weaponizing the attacks.
  • Ransomware attacks on high-profile organizations grabbed headlines throughout 2021
  • Cybersecurity experts believe this criminal enterprise will reach new heights in 2022

NASA Arab scientist pleas for unity in space

Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist and Nasa scientist Nour Raouafi
  • Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist Nour Raouafi
  • Arab countries should work together to face major challenges in space science, highlights the Nasa scientist

What were the top geopolitical events of 2021?

The year 2021 was, despite the dampened activity due to the Covid-19 pandemic, chock-full of landmark events.
  • Globally, the world is still talking about the January 6 incident where supporters of then US President Donald Trump stormed the US Capitol
  • Also, the annual climate conference COP26 was held in Glasgow, with observers still divided on whether it was a success or a failure

Which are priority sectors in 2022 Saudi budget?

With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors...
  • Saudi Arabia has since 2016 started a wide-ranging program to diversify its economy to end its dependence on oil
  • For example, it has seen investment to the tune of $1 trillion in the infrastructure and real-estate front alone

This is the safest Arab country for women

When sexual harassment and other forms of violence are an everyday occurrence for women and girls around the world, there...
  • Norway, according to the latest Gallup’s Institute “Law and Public Order” Index, is the safest country for women
  • There is one Arab country on the index that is considered the safest place for women on earth after Norway

Why are global freight rates so high?

As the world looks to pare inflation, it is facing headwinds from the high freight rates currently prevalent all across...
  • The global shipping industry suffered like every other industry in 2020 due to the Covid-19 pandemic
  • It was expected to bounce back like all of them, and thereby spearhead the global economic recovery

Snowden, Assange, and the burden of truth

Julian Assange and Edward Snowden have had to pay big time for simply telling the truth. Their lives suggest that...
  • Julian Assange, the founder of WikiLeaks, has had to seek asylum with Ecuador
  • Edward Snowden had to flee to Russia after revealing how the US spied on its own citizens

Trade balance of key Arab countries in 2020

This week's TRENDS Explainer Video focuses on top Arab economies in terms of trade balance in the year 2020.
  • One of the best ways to judge the strength of a country's economy is to look at its trade balance, or the difference between exports and imports
  • If exports surpass imports, the trade balance is surplus. If imports surpass exports, the trade balance is deficit

How much does fuel cost in Arab countries?

Merely producing great quantities of oil or having a shortage does not dictate whether a country will have the cheapest...
  • The world usually buys gasoline at the same price, with the current global average being $1.21 per liter
  • However, the price at which gasoline is sold by each country varies because of national and provincial subsidies and tax rates

‘Oil unlikely to hit US$100 in 2022’

The oil prices would average US$70 per barrel in 2021, Garbis Iradian, chief economist for MENA at IIF, tells TRENDS...
  • Garbis Iradian, chief economist for MENA at Institute of International Finance (IIF), tells TRENDS in an exclusive interview that the prices would average US$70 per barrel in 2021
  • There are expectations of the US oil production recovery in 2022, which would increase the supply easing pressure of price

Five skills workers require in real estate

Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance...

Company News

Latest News

Is GCC insurance industry ready for the change?

Industry experts stress the need for harnessing the momentum the industry has gained after the recovery from Covid setbacks.

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...

$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...

Most Read

Saudi Aramco only behind Apple in market cap

The world's largest producer of oil and world's most profitable company marginally overtook Apple with a market capitalization in excess...
  • Technology companies have dominated the top five, with four companies being from this sector in the past 10 years.
  • Though primarily owned by the state, the energy giant raised $29.4 billion in an Initial Public Offering in 2019.

ADGM’s new service highlights how metaverse may help in mediation as underlined at TOP CEO Conference

The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of...
  • The ADGM Arbitration Centre has launched the world’s-first service that hosts mediation in the metaverse. Interestingly, it was one of the focuses of Dubai event held in May
  • ADGM’s “mediation in the metaverse” service will provide a more immersive experience, enhancing virtual mediation by allowing the participants to access a 3D office space.

Abu Dhabi launches association to promote blockchain in region in line with TOP CEO Conference call in May

The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and...
  • The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and address the challenges faced by the sector
  • Experts at the TOP CEO Conference and Awards held in May 2022 had called for entities such as MEAACBA to inform the masses and develop an ecosystem for blockchain and cryptos