CEOs in the Middle East today operate in a very complex environment, characterized by fast-evolving regulations, start-up challenges, changing consumer behavior and technological disruptions, among others. Their job becomes even more demanding taking into consideration the fact that the region itself is witnessing a massive and rapid change amid low growth, a volatile oil market…

By Gareth Smyth When Lebanese Prime Minister Saad Hariri took to Saudi television in November to resign and accuse the Shia group Hezbollah of planning his assassination, some amount of capital vacated Lebanon. But the market reaction was muted, with private-sector deposits at commercial banks falling just 1.5 percent month-on-month. Recovery was swift, especially when…

TRENDS speaks with Jorn Lambert, Group Executive, Digital Channels in Emerging Payments, Mastercard, about how Mastercard is offering richer experiences to its regional clients and sees massive opportunities in this region that are beyond developed markets. When it comes to evolving payment technology, how do you look at Middle East region? Today, consumer patterns are changing at a…

GCC countries could reap the rewards of youth-oriented innovation and entrepreneurship if they embrace the global phenomenon called ‘Maker Movement’, according to a report released by Oliver Wyman. The ‘Maker Movement’ is a rapidly developing global trend that values an individuals’ ability to create new and innovative products or services. The movement has evolved into…

The UAE has declared itself an “open global laboratory” to transform the concepts of the Fourth Industrial Revolution into an international shared agenda, announced Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future of the UAE, in an opening address at the World Economic Forum’s second Annual Meeting of the Global Future Councils….