#middle east

Investment firm Ardian raises $3.2bn for sixth co-investment fund

Investment firm Ardian raises $3.2bn for sixth co-investment fund

The new fund attracted 188 investors from Europe, the Americas, the Middle East and Asia

Staycations rise, visitors staying longer in Middle East, reveals travel report

Staycations rise, visitors staying longer in Middle East, reveals travel report

The emphasis on regional travel, unique experiences and budget-friendly options like cruises are set to shape the future of tourism in 2024 and beyond

AXA IM Alts grows global presence with ADGM office

French investment firm AXA IM Alts expands global footprint with ADGM office

The Abu Dhabi office will be primarily focused on capital raising across AXA IM Alts’ private and alternative assets range

Amazon Web Services' Kevin Miller talks about the company's growth in the region

AWS’ Kevin Miller on AI, sustainability and plans for the region

In an interview with Gulf Business, Kevin Miller, VP – Global Data Centres at Amazon Web Services (AWS), delves into the company’s significant expansions and strategic initiatives in the MENAT region

Interview with Jean-Marc Pontroué, CEO of luxury watch brand Panerai, who shares the brand’s approach to watchmaking

Panerai: How the luxe watch brand blends heritage with technology

Jean-Marc Pontroué, CEO of luxury watch brand Panerai, shares the brand’s approach to watchmaking, its novelties for the year and focus on the Middle East

Tom Brown, President EMEA, SharkNinja, addresses media at the official SharkNinja UAE launch

SharkNinja moves: EMEA president Tom Brown on the company’s regional growth strategy

In an exclusive interview with Gulf Business, SharkNinja’s Tom Brown shares the strategy driving the global product design and technology company’s expansion in the UAE and Middle East

Middle East: Assets under management surge 13%, rising to $2.3tn, according to A BCG study

Middle East: Assets under management surge 13%, rising to $2.3tn in 2023

According to the Boston Consulting Group report, globally in 2023, assets under management rose by 12 pr cent to nearly $120tn

Lenovo to issue $2bn in convertible bond to Alat

China’s Lenovo to issue $2bn in convertible bond to PIF-backed Alat

The personal computer and AI server maker plans to build a research and development centre in Riyadh as part of the deal

Succession planning in the Middle East: Family businesses in the UAE are preparing to transfer $1tn in assets to their heirs over the next decade. As well as being a sign of economic vitality, this transfer comes with its own set of challenges.

Succession planning: Getting it right the first time in the Middle East

LGT has developed deep expertise in guiding high-net-worth families through the complexities of passing on their legacies, says the chief executive officer of LGT (Middle East) Ltd

oil

Oil prices near $90 as Middle East tensions rise

The geopolitical risk premium in oil prices had been unwinding this week on the perception that the US could ensure tensions were managed

IMF cuts Middle East growth outlook on geopolitical tensions

IMF cuts MENA growth outlook on geopolitical tensions, trade disruptions

Gulf economies are seen growing 2.4 per cent this year, a downward revision of 1.3 percentage points from October

Siobhan Bryon of Finastra on the rise of digital and personalised services in the regional banking sector Image Supplied

Digital, personalised services are impacting regional banking

AI can support more seamless experiences with BaaS and embedded finance, such as faster and more accurate credit decisions and fraud detection

Insights: The future of cloud adoption in the Middle East

Insights: The future of cloud adoption in the Middle East

Cloud adoption in the Middle East is significantly transforming the digital landscape – but what does the road ahead look like?

How HONOR is honouring its commitment to innovation

HONOR’s CMO shines the spotlight on the firm’s commitment to innovation

RAY Guo says that by providing a wide range of options, from budget-friendly devices to flagship models, the smart device provider is catering to various market demands

Himel expands its Middle East footprint

Himel expands presence in the Middle East, marks 15 years of value-engineering

The brand has significantly grown its presence in the Middle East, expanding its breadth with robust distribution and retail networks

e& allots $6bn to boost connectivity in 16 markets

UAE’s e& to invest $6bn to advance connectivity in 16 countries

The group is set to reinvest in building networks of the future to accelerate technology adoption and increase fibre penetration and fast mobile network speeds

Coursera's Jeff Maggioncalda on the future of learning and work

Want to enhance your career prospects? Coursera’s CEO shares key tips

Coursera CEO Jeff Maggioncalda shares how the global online learning platform is enabling adaptive and personalised learning experiences for students and professionals

OPEC+ reportedly mulls extending voluntary oil output cuts

OPEC+ to consider extending voluntary oil output cuts, sources say

OPEC+’s de facto leader Saudi Arabia has said that the cuts could continue past the first quarter if needed

Oil hovers near 3-week high on Middle East tensions

Oil hovers near 3-week high on Middle East tensions, China demand

A bearish International Energy Agency report last week revised the 2024 oil demand growth forecast downward as the world shifts to cleaner energy

India, UAE sign pact on trans-continental trade corridor

India, UAE sign pact on trans-continental trade corridor

The two countries also signed a bilateral investment treaty and exchanged cooperation agreements covering electrical interconnection, trade, and digital infrastructure

MENA region dealmaking jumps 4% to $86bn in 2023

M&A activity in MENA region jumps 4% to $86bn in 2023

The UAE consolidated its status as the preferred destination for investors due to its business-friendly regulations and efficient legal framework

Oil starts week lower on signs of easing Middle East conflict

Oil falls after weekly gain on signs of easing Israel-Gaza conflict

Geopolitical risks including a feared broadening of the Middle East conflict pushed oil prices up by about 6 per cent last week

Radisson has strong performance in 2023 Image Supplied

Radisson ups focus on Saudi, UAE as global keys surpass 30,000

Through 2023, the group solidified its position in the Middle East with the signing of 11 hotels, resorts, and serviced apartments across the region

Brand Finance reveals list of most valuable and strong Middle East brands GettyImages-1704332489-e1700216889673

Revealed: Here are the Middle East’s most valuable brands

The ranking revealed that Saudi’s Aramco retained its status as the most ‘valuable’ Middle Eastern brand in global ranking, followed by ADNOC and stc

climate

Women can drive climate action in the region, here’s how

The Middle East is home to many women-led initiatives that have brought about positive climate action, ranging from renewable energy projects to sustainable agriculture practices

GCC airline Saudia offering 50 per cent discount on tickets GettyImages

REVEALED: 10 most punctual airlines in Middle East, Africa

Global aviation analytics provider, Cirium, has unveiled its latest statistics for airline punctuality in 2023

Total passenger traffic rises 64.4% in 2022

Global airlines poised for 2.7% jump in profit in 2024, says IATA

Industry profits will reach $25.7bn in 2024, which is a slight improvement over this year’s $23.3bn

How AWS is supporting MENA’s cloud journey

Exclusive: Jonathan Allen on how AWS is supporting MENA’s cloud journey

AWS’ director of enterprise strategy tells Gulf Business that the company has three data centres in the UAE and Bahrain, giving customers access to key cloud computing services

Faraday Future targets Middle East drive with aiFalcon model

EV maker Faraday Future forays into Middle East, unveils new model

The automaker plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the local market

UAE President receives Bahraini Foreign Minister

UAE President Sheikh Mohamed receives Bahraini Foreign Minister

Sheikh Mohamed expressed his best wishes to King Hamad and Bahrain and its people for continued development and growth