China calls CIA videos ‘absurd’ attempt to recruit spies for America
China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X was an "amateurish gambit" to convince people to spy for the Americans.Realty sector’s success hinges on GDP growth
The kingdom’s Minister of Housing, Majid Al-Hogail recently said that Gulf country's residential real estate finance is expected to exceed 1.2 million contracts with a value of SR600 billion ($162 billion) by 2030.GCC optimistic about FDI growth despite hiccups
Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic growth in 2023 and beyond.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.Upskilling key to offset AI banking job losses
Increasing adoption of Artificial Intelligence in banking operations could lead to automation of nearly 52 percent of jobs by 2025. Experts recommend upskilling, training and continuous learning to adapt to the change.GCC banking’s tech shift saves time, money
GCC banks started adopting online and mobile banking, and ATMs, in the 1990s and 2000s. More recently, they've integrated advanced technologies like AI, blockchain, and big data, enhancing customer service and fraud detection.Strong demand for UAE luxury real estate
By the end of 2022, the UAE was expected to attract more than 4,000 high-net-worth individuals. Around 25 percent of GCC's millionaires are moving to the UAE.Saudi Arabia hub of big healthcare firms
The current healthcare expenditure in the Gulf Cooperation Council region is expected to reach $135 billion in 2027, implying an annualized growth rate of 5.4 percent.Innovation key to solving Gulf water woes
Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.UAE and Saudi to lead GCC e-commerce boom
The UAE is likely to remain the top e-commerce market in the GCC in 2023 but Saudi represents the largest potential growth over the medium and long term.Dubai’s tech sector gains greater popularity
Dubai boasts a thriving community of startup incubators and accelerators, as well as regulatory sandbox schemes for the development and testing of new tech business models.Real estate, e-commerce to push UAE growth
Global economic challenges have led the UAE to review priorities and investment trends, with a focus on five key sectors: healthcare, transport and logistics, agriculture and food security, technology and green energy.Tough laws, quotas may plug GCC gender gap
Despite being the most educated demographic, women in the region have the lowest employment rates. it is crucial to incorporate women into non-traditional sectors to facilitate the GCC's shift towards a post-oil economy.On the edge: Saudi workplace wellness needs overhaul
WHO says that globally an estimated 12 billion working days are lost every year to depression and anxiety at a cost of $1 trillion per year in lost productivity.MENA startups raise $103 million in Jan
Startups in the Middle East and North Africa raised $3.94 billion in 2022, a 24 percent increase in investment value compared to 2021, according to Wamda.UAE tops globally in tertiary education
For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the most innovative Asian country.WEF-supported TTI to fuel UAE growth spurt
The initiative is a crucial step in modernizing global trade, using the tools of the Fourth Industrial Revolution, said Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade.DEWA launches plan for fast approval of electricity connections
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) launched the 'OWNEK' awareness initiative to help its accredited contractors and consultants receive approval on the first instance when requesting electricity connections. This initiative will save the contractors and consultants time and effort and speed up the workflow. The initiative includes...Two UAE cities among best expat destinations
Expat Essentials Index ranks cities on the basis of quality of life, ease of settling in, working abroad, personal finance and digital life among other criteria.UAE 2031 vision key to its global ambitions
The vision is based on four pillars that cover all sectors including the society, economy, diplomacy and ecosystem, the government says.Is GCC insurance industry ready for the change?
Industry experts stress the need for harnessing the momentum the industry has gained after the recovery from Covid setbacks.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.Post-Covid UAE real estate upswing to continue
A high number of residential and commercial units delivered in 2022 means tenant retention will become more critical, and rental rates across all major assets are expected to rise.Middle East’s sports path to boosting tourism
The Arabian Gulf countries have hosted some of the biggest sporting events during the past decade. The World Cup is set to cement the region's position as sporting hub.GCC’s two biggest trade allies are Asians
As the US is apparently pulling away from the Middle East, the cooperation between the Gulf and Asian regions is taking place in areas such as the new energy, artificial intelligence, and industrial diversification.Asia green business market to hit $5 trillion by 2030
More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating new green investment opportunities.Gender bias in MENA workforce raises concerns
The latest study on Diversity, Equality and Inclusion sheds light on the diversity gap in the region while offering solutions.Kuwait has strongest passport in MENA region
Henley Passport Index 2022 ranks 199 countries for the strength of their passports. Japan was ranked first, followed by Singapore and South Korea.UAE Arab world’s best paymaster
The lowest average monthly salary is paid in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1), according to a latest survey.Middle East battles rising data breach costs
Most of the data breaches reportedly happen within the organization, but the silver lining is that organizations are handling these more effectively now.Climate change fight a priority for COP 28 host
From making solar energy available at 1.35 cents per kilowatt hour to building three of the world's largest solar parks, the Emirates has taken a lead in the fight against climate change.Middle East: What are the most influential values?
Different values are given different magnitudes of priority across the world. Here are the ones that the Middle East is influenced the most from.Relative debt of GCC countries
Here’s a look at which countries in the Gulf Cooperation Council (GCC) have how much debt, and how they compare to their GDP.GCC luxury market grows despite supply chain woes
The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO) Jasmina Banda tells TRENDS.Grocery apps reap Ramadan benefits
Grocery apps are witnessing a busy period during the Holy Month as scorching summer persuades customers to remain indoors while ordering their basic daily necessities with few taps on the smartphones.Inspiring people is ‘a good legacy’: Sheikha Lubna
Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about changing perceptions, both in the UAE and abroad.UAE, Saudi Arabia in key global pension index
Here’s a look at what landed the UAE and Saudi Arabia among some of the better countries with a pension scheme for retiring or retired employees from both the government and private sectors.Where does fisheries stand in UAE economy?
The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move towards sustainability.Which GCC countries have largest renewable capacity?
From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.Arab countries see surge in crypto investors
In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and users worldwide. Over 18,000 businesses are already accepting cryptocurrency payments.Passport strength: Where do Arab countries stand?
The Henley Passport Index ranks 199 passports, based on how many countries and territories their holders can travel to without needing a visa.NASA Arab scientist pleas for unity in space
Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist and Nasa scientist Nour RaouafiWhat were the top geopolitical events of 2021?
The year 2021 was, despite the dampened activity due to the Covid-19 pandemic, chock-full of landmark events.Which are priority sectors in 2022 Saudi budget?
With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.TikTok users can now post videos up to 3 minutes
Option to post longer videos will roll out in the coming weeks TikTok has more than 1 billion users worldwide; 100 million in the US TikTok will be letting users post videos up to three minutes in length, tripling the prior cap to stay ahead of competitors. TikTok is believed...















































