Search Site

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

Alberta seeks to charm the world with a solid tourism growth plan, says Minister Joseph Schow

Alberta's tourism sector, with attractions resonating with GCC travelers, aims for a $25 billion visitor economy by 2035, says Joseph Schow in an exclusive interview with TRENDS.

From sand dunes to boardrooms: Strategies for success in challenging times

In times of recession, understanding motivations, meticulous planning, recognizing broader benefits, and prioritizing employee well-being are vital, says Nathan Farrugia, Managing Director of Vistage International.

"Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that the survival of the business goes beyond mere profitability can serve as a powerful motivator" he adds.

WEF’s inaugural session in Riyadh aligns with Saudi Arabia’s growing influence

Gabriel Chahine, Middle East Lead for AlixPartners, discusses the significance of the World Economic Forum in Riyadh, economic outlook, AI, and strategies for businesses.

Luxury goods boom in Gulf draws global investors

The region's luxury goods market was worth US$ 10.52 billion in 2023, with long-term growth expected, reaching US$ 13.70 billion by 2028.

Business and leisure combo drives GCC tourism boom

Business travelers worldwide are drawn to the GCC countries due to their rapidly growing economies, strategic geographic locations, and ambitious infrastructure development plans.

Special economic zones are a new craze in Middle East

Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...

GCC tourism growth skyrockets as diversification drive gains momentum post-Covid

GCC countries collaborate on comprehensive tourism strategy, leading global recovery post-pandemic with remarkable growth rates and ambitious plans for sustainable development.

Meet Middle East tourism’s power players

Tourism industry accounts for 9 percent of GCC region's GDP and it is expected to grow annually at 7.7 percent. Trends looks at some of the influential industry players driving this growth.

GCC countries mobilize to build resilient industrial supply chains: report

GCC countries are prioritizing actions like near-shoring, international partnerships, and technology adoption to ensure supply chain adaptability and responsiveness, says a report by Oliver Wyman.

‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’

GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo Travel, tells TRENDS in an exclusive interview.

Audi’s sustainable Middle East luxury drive

The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says Rene Koneberg, MD Audi Middle East.

Alberta seeks to charm the world with a solid tourism growth plan, says Minister Joseph Schow

Alberta's tourism sector, with attractions resonating with GCC travelers, aims for a $25 billion visitor economy by 2035, says Joseph...

From sand dunes to boardrooms: Strategies for success in challenging times

"Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that the survival of the business goes beyond...

Latest News

US slams Israel’s use of American weapons in Gaza

The US has warned that the reputational damage Israel will suffer if it storms a city where an estimated 1.4...

Kuwait emir dissolves parliament in new political crisis

The state's ruler attributed his move to the "interference" of some MPs in the emir's powers and others imposing "conditions"...

UN votes symbolically in favor of Palestinian membership

"I have stood hundreds of times before at this podium, but never for a more significant vote than the one...

Hamas says ‘ball is completely’ in Israel’s hands in Gaza truce talks

"The negotiating delegation left Cairo heading to Doha. In practice, the occupation (Israel) rejected the proposal submitted by the mediators...

Israel hits Rafah despite US warning on arms transfers

In an interview with CNN on Wednesday, Biden warned he would stop some US weapons supplies to Israel if it...

WEF’s inaugural session in Riyadh aligns with Saudi Arabia’s growing influence

Gabriel Chahine, Middle East Lead for AlixPartners, discusses the significance of the World Economic Forum in Riyadh, economic outlook, AI,...

Luxury goods boom in Gulf draws global investors

The region's luxury goods market was worth US$ 10.52 billion in 2023, with long-term growth expected, reaching US$ 13.70 billion...

EDITOR'S PICK

UAE, Saudi Arabia, Qatar emerge as soft power leaders

The surge of three GCC nations in the Global Soft Power Index, with UAE leading...

Empowering Arab women Sheikha Bodour’s key focus

Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and...

Arabic in demand as non-English content rules market

This trend shift reflects not only changing consumer preferences but also highlights the significant potential...

Shifting dietary trends boost MEA’s protein market

Rise of flexitarian and vegan diets in the region is driving demand for alternative proteins,...

GCC tourism growth skyrockets as diversification drive gains momentum post-Covid

GCC countries collaborate on comprehensive tourism strategy, leading global recovery post-pandemic with remarkable growth rates and ambitious plans for sustainable...

Latest News

Israel hits Rafah despite US warning on arms transfers

In an interview with CNN on Wednesday, Biden warned he would stop some US weapons supplies to Israel if it...

Hezbollah says fighters killed after Israeli strike on south Lebanon

The Lebanese security source, requesting anonymity as they were not authorized to speak to the media, said that "four Hezbollah...

Biden threatens to stop arm shipments if Israel invades Rafah

Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...

South Gaza hospitals have only three days’ fuel left: WHO

Despite international objections, Israel sent tanks into the overcrowded southern city of Rafah on Tuesday and seized the nearby crossing...

Dubai 21st most richest city in the world, top in the Middle East

New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of...

Business and leisure combo drives GCC tourism boom

Business travelers worldwide are drawn to the GCC countries due to their rapidly growing economies, strategic geographic locations, and ambitious...

‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’

GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo...

Special economic zones are a new craze in Middle East

Vast swathes of land across the desert region are seeing the sprouting of new special zones to entice big business...

Meet Middle East tourism’s power players

Tourism industry accounts for 9 percent of GCC region's GDP and it is expected to grow annually at 7.7 percent....

GCC countries mobilize to build resilient industrial supply chains: report

GCC countries are prioritizing actions like near-shoring, international partnerships, and technology adoption to ensure supply chain adaptability and responsiveness, says...

Audi’s sustainable Middle East luxury drive

The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says...

Alberta seeks to charm the world with a solid tourism growth plan, says Minister Joseph Schow

Alberta's tourism sector, with attractions resonating with GCC travelers, aims for a $25 billion visitor economy by 2035, says Joseph...
  • 'We possess attractions that resonate with international travelers, including those from regions like Saudi Arabia or the UAE'
  • 'Alberta's tourism sector aims to attract visitors from GCC countries, fostering relationships and expanding its global marketing efforts'

Biden threatens to stop arm shipments if Israel invades Rafah

Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...
  • In an interview with CNN Biden also deplored the fact that civilians had been killed by the dropping of US bombs on the Palestinian territory
  • His fresh warning came after the US last week halted a shipment of huge American bombs to Israel as it appeared ready to proceed with a major attack on Rafah

Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion

Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...
  • More than 1.4 million people had crammed into Rafah, a city on the Gaza Strip's southern border with Egypt, as Israeli forces pushed their way southward
  • Caught between Israeli shelling from the east, an Egyptian border to the south and the Mediterranean to the west, many fleeing Rafah went north