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 of $2.4 trillion in May 2022.Riyadh, Dubai, Kuwait lead MENA in supporting startups as region sees drop in investment levels
Riyadh has surpassed all other MENA cities in terms of startup activities with higher literacy rate, faster average broadband speed, a latest report points outInnovation, technology implementation help GCC banks compete with European, US counterparts
The four largest banking markets in the GCC -- UAE, Saudi Arabia, Kuwait and Qatar — are expected to 'nearly approximate' pre-pandemic profitability ranks by the end of 2022.Improved real-time payment infrastructure set to boost digital payments across GCC
With an estimated 209 million people making purchases online at the height of the pandemic, e-commerce in the MENA area has grown faster than anywhere else.Video: Transparency is hallmark of TOP CEO Awards as GCC winners get honored
From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth, size, profitability, and corporate governance of the company they led.Major Public Cloud providers help GCC revolutionize digital services, boost growth
Leading Public Cloud players are not only providing more choice to Gulf organizations but also offering them speed and data residency benefits, says an expert.Arab designer labels stir up $29bn GCC luxury market
Luxury goods business in the MENA region is seeing a reorganization, surprising market experts, as homegrown brands challenge the hegemony of high-end Western labels.Exclusive: ‘Cheerleaders’ hired to clap during FIFA Cup
Young Arab boys and girls from countries such as Lebanon are being flown to Qatar and paid $800 to cheer during the upcoming World Cup, TRENDS Investigation reveals.Arab youth prefer UAE over home country to live, work
Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey.Abu Dhabi leads GCC in integrated waste management
Abu Dhabi Waste Management Centre, aka Tadweer, processed more than 1,860,000 tons of waste, including 88,382 tons of medical and hazardous waste during the first half of 2022.Innovations keep manufacturers going in Middle East
More organizations in the region are trying to turn their current challenges into advantages through innovations and by improving skills to collaborate with suppliers and allies.GCC banks cash in on high deposits, rising oil prices
Rising oil prices, which have proved to be a windfall for governments and companies in the upstream sector, has strengthened balance sheets of the region's banking sector.UAE leads GCC towards circular carbon economy
The UAE ranks highest among GCC economies and 12th overall in the first edition of the Circular Carbon Economy Index that focuses on energy management of the countries.Latest technologies glamorize Gulf cosmetic industry
The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the diagnostics and treatments in the aesthetic sector.UAE offers low-risk business climate
Unstable political conditions in several Arab countries make them high- or extreme-risk places for businesses.Clean beauty sector grows, so are greenwashing risks
In a positive development, the cosmetic industry at large is becoming greener. Approaches, however, are not always uniform or holistic across the board, say experts.Macroeconomic issues may hit logistics across GCC
The Covid-19 pandemic, regional lockdowns, and Ukraine war have been disrupting trading lane in air and maritime freight, affecting the global supply chain, say experts.UAE ahead of US, UK as millionaire destination
The Ukraine conflict has triggered the biggest immigration of high-net-worth Russians, many of whom are likely to move to the Emirates.French business ties build on Saudi mega projects
Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030.‘Mobile-first mindset’ rules companies in Middle East
With an average of 40 percent of sales taking place via mobile, a growing number of enterprise-sized brands see mobile as a highly strategic acquisition and retention channel.Reforms make Dubai region’s most open realty market
Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index.Fuel prices drive demand for hybrid vehicles in UAE
While some buyers are opting for smaller compact SUVs and electric vehicles, others are putting their purchase decisions on hold and looking at car rentals to save on mobility costs.Metaverse: Opportunities, challenges and laws in GCC
TRENDS takes an in-depth look at how the regional govts are reshaping their policies to make the technological ecosystem more lucrative and useful for metaverse and blockchain.50 days on, ‘nothing changes’ for UAE delivery riders
Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders.Cloud migration: A distant dream in Middle East
Security and lack of IT skills have cast a shadow over the pursuit of digital transformation in the Middle East, despite enthusiasm for the cloud, Rackspace Technology believes.KSA eyes economic diversification with PIF-KHC deal
Public Investment Fund’s stake purchase in Kingdom Holding is part of the Saudi Arabia’s Vision 2030, Arun Leslie John, Chief Market Analyst, Century Financial, tells TRENDSGCC businesses need to diversify board members
The percentage of women on boards in corporate houses across the GCC countries is low, Christiane Schloderer, INSEAD Alumni Association's senior member tells TRENDS.Dubai: A Monaco in the making in the Gulf region
Dubai is among cities that woo huge FDIs and lead in technology transfer in startups, AI and robotics sectors. TRENDS analyzes how it has become Monaco of the region.Metaverse: Opportunities vs challenges
New business models must be developed to take advantage of the metaverse's technology, says Fadi Kassatly, Partner, Enterprise Systems and Cloud Solutions Leader at KPMG. The biggest challenge appears to be that metaverse is not ready yet for the masses to digest immediately across different impactful use cases. A lot...World’s biggest YouTuber PewDiePie moves to Japan
The 32-year-old has a huge online following, with 111 million subscribers on YouTube, but has faced controversy over offensive jokes in the past.Companies envision taxis flying above jammed traffic
Companies such as Archer, Joby and Wisk are working on electric-powered aircraft that take off and land vertically like helicopters then propel forward like planes.Xbox makes Fortnite free to play on phones
The popular battle royale title from Epic Games will be the first free-to-play game available through an Xbox Cloud Gaming service available in 26 countries.Women’s cricket looks to future with Dubai event
The FairBreak Invitational, featuring England captain Heather Knight, West Indies skipper Stafanie Taylor and Pakistan's Sana Mir, opens on Wednesday.Lebanon running out of passport stocks
Authorities concerned say that since 2020, requests for passport renewals have been ten times higher than in previous years.Protests, pension, pandemic mark Macron presidency
Emmanuel Macron, who had never held elected office before becoming president in 2017, has weathered several crises throughout his presidential tenure.David Cronenberg puts kidney stone pic on sale
The director has put up a picture of his newly removed kidney stones for sale for $30,000 as an NFT.Agencies urge urgent food insecurity action
Major international organizations issued an appeal on Wednesday for urgent measures to deal with rising food insecurity in poor countries.Tunisia TV series sets off feverish polygamy debate
A Ramadan TV series dealing with polygamy has sparked a heated debate in Tunisia, an Arab pioneer in women's rights that banned the practice decades ago.What determines duration of a Ramadan fast?
The fasting hours are actually determined by geography and vary from one country to another. People in the relatively cooler areas find Ramadan days less daunting in summers.First private mission readies for launch to ISS
Takeoff is set for 11:17 am (1517 GMT) from the Kennedy Space Center in Florida on a SpaceX rocket.Saudi Arabia, UAE woo major chunk of FDI in GCC
As foreign investors seek to take advantage of investment opportunities in the region, KSA and UAE get billions of dollars injected into their economies.Players with disabilities score in the video game world
Hardware accessories are rare for players who have limited use of their hands.‘Hybrid immunity’ is best Covid protection
Two new studies have highlighted the importance of getting jabbed for those who have natural immunity after recovering from the disease.Saudi Arabia wants Trojena on global tourism map
Trojena is the new mountain tourism destination whose establishment was recently announced by Saudi Crown Prince Mohammed bin Salman.F&B sector in GCC eyes greater sustainability
Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally — as they eye new goals.UAE, Israel work to secure region’s food needs
Government support, coupled with strong social systems, must ensure that no one goes hungry, says Nobel Laureate Dr Dan ShechtmanJordan inventors use TechWorks to realize dreams
TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.Russia sanctions pile on helium industry woes
Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.Turkish drones make waves in Russia-Ukraine war
Kyiv has around 20 Bayraktar TB2 drones, built by the Turkish military. Relatively cheap and effective, President Recep Tayyip Erdogan has been their number one salesman, securing deals with around 15 countries around the world.Palestine ignored in US deal on stolen antiquities
Chemi Shiff, a researcher from Israel said former Israeli military chief has committed an "archaeological theft" of Bronze Age sarcophagi from a cemetery in Gaza after the 1967 Six-Day War.




















































