In a diversity, equity, and inclusion (DE&I) study in the MENA accounting profession, 63 percent of women across each of the surveyed MENA regions report experiencing bias.

Al-Khatib will support the firm’s operations in MENA.

Improving social safety net may provide the space needed to end subsidies, while investment in renewable energy can cut costs and protect households from high prices.

A once market leader that everyone looked up to, OSN is now a paler version of its former glory. It is struggling to keep up with the competition from Netflix, Shahid, and Disney Plus.

By the end of 2022, the UAE is expected to attract more than 4,000 high-net-worth individuals, mostly from India, Russia, Turkey, Egypt, Lebanon, the UK, Saudi and Nigeria.

TruKKer is one of the region’s largest online trucking aggregator.

The shopping app looks to widen its market in MENA.

The Saudi firm will buy UAE company for an unknown sum.

The GCC region is now witnessing an increase in adoption of open banking system and implementation plans are being put in place as regulators set new market policies.

UAE’s publishing sector has grown by 150 percent during the current decade and it will reach $650 million in 2030, according to a report by Pricewaterhouse Cooper, which estimates that global media and entertainment services sector will reach $2.4 trillion next year. The report said the UAE accounts for 25...

Mohammed bin Salman's recent Europe visit after US President Joe Biden’s trip to Jeddah suggests that KSA wants to diversify its partners amidst global uncertainties, say experts.

The combined investments in the MENA power sector includes US$93 billion which has already been committed.

Only the GCC countries score high on the Index that measures women’s inclusion, justice and security in 170 countries. UAE was the highest ranked country in the MENA region.

Agritech, proptech and fintech sectors remain popular among investors as the region's startups raise nearly 76% of their capital with UAE-based firms leading from the front.

Closing gender gaps remains a critical driver of national prosperity. Countries that invest in all of their human capital and make it easier for their populations to balance work and family life tend to be more prosperous. It may help overcome the current crises and accelerate a strong recovery, the...

Rising cyber attacks on network infrastructure in countries across the world, which pose a significant threat to the economies of these countries, will be the focus of the 10th edition of MENA Information Security Conference (ISC) 2022 in Riyadh in September this year. MENA ISC is one of the most...

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar.

IMF has said food prices accounted for about 60 percent of last year’s increase in headline inflation in the MENA region, excluding the GCC countries.

Artificial Intelligence market is growing in the Middle East by an estimated 20 percent to 34 percent annually, with GCC region taking the lead.

UAE and KSA are spearheading decarbonization efforts in Middle East by encouraging enterprises to minimize carbon footprint. Here are a few things others may learn for them.

Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as a much better metric of a nation's progress than GDP.

Payment on metaverse will take place through cryptocurrencies. NFTs and virtual goods will become popular once metaverse becomes mainstream. Therefore, it is curcial for the metaverse that NFTs and virtual property be implemented. Additionally, banks will need to accept cryptocurrency as a form of payment for these products.

The news channel will combine the digital first knowledge within the IMI group with the brand recognition and newsgathering capabilities of CNN.

It has tied up with Cognite to bolster digitization in MENA.

Firms in the region are now offering better participation, levels of cooperation and communication to their staff through productive workspaces in virtual offices. TRENDS takes a look at the some of the UAE's metaverse initiatives.

The purchase will help the firm to expand in the MENA region.

Economic growth in the MENA region is forecast to accelerate to 5.3% in 2022 before slowing to 3.6% in 2023, according to the World Bank. Find out the country-wise breakup.

Local lenders are offering more services online to cater to a young, tech-savvy consumer base, speeding up the transition of the $200-billion digital business in the Middle East.

The UAE succeeded in attracting more than $20.7 billion of Foreign Direct Investment (FDI) in 2021, which reflects the confidence of investors worldwide in the country's economy, said UAE’s Minister of Economy Abdullah bin Touq Al Marri. This came during his keynote speech at the UAE-Kyrgyzstan Business Forum, which was...

The deal has been listed on the London Stock Exchange.

The Italian pharma giant is looking at expansion in MENA.

The Gulf Print and Pack (GPP) 2022 concluded at the Dubai World Trade Centre, recording deals worth more than AED 25 million. GPP organisers said the decision to move from a four-day show in past editions to a three-day event in 2022 was vindicated with daily attendance increasing by 15...

Yalla is leading UAE-based voice-centric social media platform.

Cybercrime has risen to the forefront of physical security concerns. And big firms are acutely aware of the problem, says Ephrem Tesfai from Genetec tells TRENDS.

The International Monetary Fund's 2022 growth forecast for the region, which includes Arab countries and Iran, was forecast at 5.0 percent, up from the 4.1 percent prediction for this year made in October.

The report also claimed that the value of early-stage deals for startups in the region doubled from 2020 to 2021.

"Growth in Morocco is projected to slow to 1.1 percent in 2022, as agricultural output declines by 17.3 percent due to the drought,” the WB said in its latest MENA Economic News Bulletin.

The war in Ukraine has "multiplied risks" for the Middle East and North Africa's poorer countries by raising food and energy prices, the World Bank said, warning of potential social unrest. In its latest update the development lender said inflationary pressures set off by Covid-19 "are likely to be exacerbated"...

Businesses in the region are increasingly adopting cloud to protect their data, apps and infrastructure from fraudulent activities while supporting compliance and confidentiality.

Prices of crude oil have skyrocketed across the world, thanks to the Russian invasion of Ukraine and the subsequent sanctions placed on Moscow.

Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when it comes to power generation.

The total annual dividend for 2021 is now Dh0.8 per share.

To achieve development goals, the MENA region must create three hundred million jobs, according to President of the World Bank David Malpass.

Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive approach to climate action.

The world must not forget the millions of people in need across the Middle East and North Africa, UN chief Antonio Guterres told the Security Council.

E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025, according to a data released by EZDubai, a dedicated e-commerce zone in Dubai South, in partnership with Euromonitor International, a global business intelligence, market analysis and consumer insights provider. More...

Saudi startups have secured 58 percent of the total $375 million in funding in the MENA region in February.

Dubai International Boat Show (DIBS), which will be held from March 9 to March 13, will witness 34 launches and feature global marine attractions from more than 800 brands. This is MENA yachting industry's first international in-person event since the COVID-19 pandemic. It will run at Dubai Harbour. Exhibitors from...

UAE’s biggest telecom operator Etisalat will now be called as e& after its rebranding on Wednesday, which was launched by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The rebranding comes as the group seeks to become a global technology and investment conglomerate. Mansour...

The World Bank has also offered to continue the implementation of ongoing cooperation projects in the country.