Nationalization efforts transform Saudi workforce
Saudi Arabia's ambitious nationalization initiative has significantly impacted its labor market, with the Kingdom experiencing a historic low unemployment rate of 8.6%.Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges
The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.Water stress levels vary in Arab countries
Some countries face more intense competition for water resources, leading to potentially severe environmental impacts. The contrast underscores the diverse challenges they face in water resource management.AI transforms office roles and enhances productivity
Artificial intelligence automates tasks and boosts capabilities, leading to transformative changes in job roles, productivity, and staff engagement dynamics.39 Palestinians freed in exchange for 13 Israeli hostages as truce sets in
Weeks of talks involving Israel, Hamas, Qatar, Egypt and the US saw three girls and a boy, aged from two to nine besides six women aged over 70 arrive in Israeli territory.Strains emerge in 72-year-old Türkiye-Israel trade ties
Amid Ankara's criticism of Israel's actions against Gaza and Israel reassessing diplomatic relations, the future of their oil and steel economic partnership becomes uncertain.Israel’s regional ties strained amid Gaza conflict
Escalating Middle East tensions and Netanyahu's policies affect Israel's ties with Egypt and Jordan amid Arab concerns over civilian casualties and Palestinian displacement.Arab, Islamic leaders seek end to Israeli aggression
The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just and lasting peace based on a two-state solution.Economic strain looms over Lebanon, Jordan, Egypt and GCC; Gaza escalation to affect Israeli economy too
A latest report by IIF highlights three possible outcomes from Gaza operations, each with profound implications for MENA economies and political stability.Intrinsic values, futuristic strategies elevate Dubai
Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate investments, and cohesive destination development.Neighboring nations fear repercussions of Gaza conflict
As Israel advises around 1.1 million residents of northern Gaza Strip to evacuate, concerns grow about the potential ripple effects on neighboring Lebanon, Jordan and Egypt.Gulf Common Market aims for economic unity by 2025
The bloc's initiative aims for a customs union by 2024, fostering competition and ensuring the smooth flow of goods between Gulf countries through joint economic action.Global economic concerns hit GCC equity performance
Influenced by global inflation concerns and high rates, Gulf markets faced second consecutive monthly dip in September. Only Dubai and Qatari markets resisted the trend.Dubai’s realty builds on innovation and sustainability
Dubai's skyline epitomizes modern development, with its appeal bolstered by strong property management and developers capitalizing on increasing sales.Cinematic revolution helps KSA realize cultural dreams
Saudi Arabia, shedding its conservative past, has ushered in a vibrant art and cinema era, with its box office revenue soaring to $250 million in 2022.UAE and Saudi Arabia among six new BRICS members
Argentina, Egypt, Iran, and Ethiopia are the four other member countries joining BRICS, underscoring its commitment to a more inclusive global stance, effective from January 2024.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 the sector’s GDP contribution while fostering job and investment prospects.Saudi home to three of top five Arab smart cities
Saudi Arabia, which has pioneered the development of smart cities in the region, plans to establish more than 200 smart cities.$1.3trn mineral reserves shift Saudi focus to mining
The Kingdom, leveraging its significant copper reserves across the nation, seeks to address the global shortage, particularly crucial amid the transition towards clean energy.Gulf economies pivot towards China: Multi-billion dollar investments strengthen relations
Economic ties between China and the Gulf region's largest economies, Saudi Arabia and the UAE, have surged since President Xi Jinping's attendance at the first Chinese-Gulf summit in Riyadh seven months ago.Qatar wealthiest Arab nation, Somalia poorest
The Arab world is one of the most unequal regions in the world, with top 10 earners controlling more than 56% of national incomMiddle East firms pay fortune for employee burnout
A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are falling victim to burnout brought about by workplace stress.Saudi tourism on growth path despite hiccups
Saudi Arabia is investing $500 billion in NEOM, a future city in the northwest, expected to be a hotspot for tourism, tech, and innovation. It is also transforming the UNESCO heritage site, AlUla, into a key tourist attraction.Extended reality: XR tech transforms GCC businesses
XR technologies -- encompassing AR, VR, and MR -- are rapidly gaining traction across diverse sectors in the Gulf region, including academic, entertainment, and gaming.Rate hikes, tech, government support boost GCC banks
GCC banks see continued growth on the back of innovation, tech focus and sustained government support. TRENDS Special Report analyzes factors that shape the sector.UAE, fintech lead as venture funding surges in MENA
At $445 million, startups in the region witnessed a robust 153 percent year-on-year growth in venture funding despite a 7 percent drop in deal volume, says a latest report.Barnawi’s voyage: First Saudi female astronaut carries dreams of Arab women to space
Two astronauts, Barnawi and Ali Al-Qarni, said that they are fully prepared for their upcoming scientific mission to the International Space Station which is scheduled on May 21.KSA, US confirm direct talks between Sudan factions
However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000 civilians, reports suggest.Press freedom under attack everywhere: UN, media
The rise of disinformation and hate speech threatens truth, while journalists continue to face harassment, intimidation, and imprisonment, highlight UN officials and media outlets.Rashid 2: UAE plans new lunar mission
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum visited the MBRSC and met the team behind the UAE’s first attempt to land a rover on the lunar surface.UAE stays hopeful even as Rashid Rover, other payloads miss chance to explore moon
Despite the unsuccessful lunar landing of HAKUTO-R Mission 1, the Mohammed Bin Rashid Space Centre (MBRSC) remains optimistic about future space endeavors.GCC citizens enjoy increased visa-free travel options
GCC citizens have some of the most powerful passports in the world, says a recent report by the Henley Passport Index 2023.Economic crisis, Ukraine war impact Arab currencies
The currencies of six Arab nations faced significant decline during the first quarter of 2023 amidst global economic uncertainty, while another six experienced growth.Rising rates boost GCC banking sector’s net margin
The region's banking sector thrives in Q4-2022 with NIMs at multi-year highs and strong lending growth despite global banking crisis, highlights a report.Cancer-causing compounds found in everyday food
The 10 nitrosamines -- which are not intentionally added to food but which can form during its preparation and processing -- are carcinogenic and may damage DNA.UAE replaces Bahrain as most happiest Arab country
The United Arab Emirates takes the lead as the happiest Arab country in 2023, according to the World Happiness Report, followed by Saudi Arabia and Bahrain.Saudi Arabia’s TASI ends the week higher while UAE markets fall
Several factors contributed to the fall in UAE markets, including a decline in oil prices, worries about multinational banks' health.Demand for green goods grows amid global trade slow down in H2 2022: UNCTAD
The market for electric cars, solar and wind energy, green hydrogen is expected to quadruple in value by 2030 to reach $2.1 trillion.UAE GDP growth likely to drop 0.9% in 2023
International Monetary Fund predicts economic growth in the Middle East and North Africa will fall to 3.2% this year from 5.4% in 2022, before rising to 3.5% next year.Healthcare, education key focus of MENA: Amanat CEO
The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells TRENDS during an interview.Livelihoods destroyed as Lebanon fails to uphold right to electricity, says Human Rights Watch
Decades of unsustainable policies and fundamental neglect, capture of state resources by elites, alleged corruption, and vested interests cripple the power sector in Lebanon.New Qatar premier inherits strong economy, world cup glory
Sheikh Mohammed Bin Abdulrahman al-Thani takes charge at a time when Qatar’s economy is booming, posting a surplus of $24 billion in its 2022 budget, nearly a 55-fold surge from the 2021 figure of $439 million.Dubai wins crown in TRENDS poll on best city in GCC
The city has won a huge following among the people who see it not just as a city for business, but as one where families can co-exist with big money.Aramco’s digitalization drive set to transform Saudi Arabia’s energy sector
The launch of Aramco Digital follows months after the energy company announced preliminary plans for a strategic collaboration with the IBM to establish a global center for digital innovation in the kingdom.Loopholes in corporate governance, political interest hinder battle against corruption across Arab world
The UAE and few other countries figure at the top of the Transparency Index in the region, but this doesn't mean that they have an excellent performance globally, says an expert.Saudi TASI shines as UAE stocks give lackluster performance
Shored up by healthcare, financial services, banking sector, and raw material companies, the Saudi equities posted gains throughout the weeks.Gulf markets, except Kuwait and Qatar, end higher
The Saudi market's general index, TASI, rose 1.19%, Dubai Financial Market 0.47%, Abu Dhabi Stock Market Vadax 15 index 0.133% by the end of the trading session.Sustainable innovations to help Gulf industries reduce CO2 emissions, says report
Seven industries - advanced manufacturing services, retail, banking, energy, healthcare, consumer products, and automotive - are poised to be the key gainers, says a report.GCC stocks end the week in decline after a few days of gain
Abu Dhabi Securities Exchange finished 2022 with a gain of almost 20 percent, making it the highest performer among GCC indices. In 2023, Saudi and UAE ended the weekly exchange down or stable.GCC cautious as more cyber attacks feared in 2023
Businesses in the region are working closely with their governments to get cloud security solutions implemented to reduce the success rates of phishing attempts.




















































