Business & Money | Wednesday 11 March, 2020 4:12 pm

EY: Five MENA IPOs raise US$30.0b in Q4 2019

According to the EY MENA IPO Eye Report, IPO deal value in the MENA region witnessed a sizeable increase during Q4 2019 both in terms of deal volume and value, with five IPOs raising proceeds of US$30.0b, compared with the two IPOs that raised US$190m in Q3 2019.   Global IPO...

More Details

Business & Money | Sunday 8 March, 2020 12:12 pm

Gender Equal Opportunities: Fix the System

By Sonali Dhawan, Vice President, P&G Femcare, Asia Pacific Middle East & Africa  At P&G we want to hire the most capable people to serve our consumers across the world and the world is made up equally of both genders, it makes sense that we want to reflect that balance in the...

More Details

Technology & IT | Wednesday 4 March, 2020 3:10 pm

81% of businesses in KSA already use IoT platforms despite security risks

With superpower comes super responsibility: benefits and challenges of IoT in business — has revealed that the use of Internet of Things (IoT) business platforms is growing year-on-year in almost all industries. In 2019, nearly two-thirds (81%) of companies in the Kingdom of Saudi Arabia ...

More Details

Environment & Energy | Tuesday 3 March, 2020 1:31 pm

GE Powers The ‘Age Of Gas’ In The Middle East

As we look at the decade ahead and beyond, there can be no doubt that gas will continue to play a critical role in the Middle East’s energy mix.    The underlying factors behind this projection and next-gen solutions that will continue to drive the power sector forward were...

More Details

Business & Money | Monday 2 March, 2020 11:55 am

Deloitte Global report forecasts robust M&A activity for chemical industry in 2020

The Deloitte Global Chemical Industry Mergers and Acquisitions Outlook (2020 Outlook) expects robust merger and acquisition (M&A) activity to continue throughout the coming year, despite the trade and geopolitical tensions, and slowing economies that shape today’s...

More Details

Technology & IT | Wednesday 26 February, 2020 4:41 am

Saudi Arabia Among Top 3 Countries Leading Digital Readiness Across MEA: Cisco Study

Cisco’s 2019 Global Digital Readiness Index has identified Saudi Arabia as one of the top three countries in the Middle East and Africa in its readiness transitioning towards a digital economy. Now in its second edition, the company’s report combines analysis from sources including...

More Details

Business & Money | Tuesday 25 February, 2020 12:35 am

Majid Al Futtaim Reports Increased Revenue and EBITDA in 2019

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced its audited operational and financial results for 2019, highlighting a revenue increase of 1% year-on-year to AED35.2 billion. Solid operational...

More Details

Business & Money | Monday 24 February, 2020 12:45 pm

Saudi Arabia’s entertainment-led developments continue to drive forward the Kingdom’s real estate industry in 2020

Saudi Arabia’s real estate industry continues to be well-positioned to benefit from the growth of the Kingdom’s entertainment industry and new major entertainment-led projects. These and other initiatives are aimed at positioning the country as a global hub for leisure, tourism and...

More Details

Business & Money | Sunday 23 February, 2020 11:44 am

Middle East Gas Market Growing at Double the Rate of Global Energy Demand

The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining competitive in the long-term despite shale revolution. The recent report by Boston Consulting Group’s (BCG), Snam, and the International Gas Union (IGU) reveals...

More Details

Tourism & Hospitality | Sunday 23 February, 2020 1:31 am

Low-Cost Carriers to boost Middle East aviation market

Low-Cost Carriers (LCC) are driving growth in the Middle East aviation market, recording a 9.3% increase in seat capacity in 2019, according to CAPA Centre for Aviation. Indeed, LCC’s share of total seat capacity across the Middle East increased from 14.9% in 2018 to 16.5% in 2019, with a...

More Details