#middle east

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

How dealmakers in Middle East are enhancing M&A strategies

How dealmakers in Middle East are enhancing M&A strategies

Dealmakers and their advisers are including insurance on their agenda just as much as the traditional corporate risk manager

israel crisis puts investors on edge

European shares rise on mining boost; investors eye Middle East conflict

The mining index rose 1.3 per cent as prices of base metals were lifted by hopes of stronger demand from China

Radisson announces ambitious expansion plans for middle East

Radisson targets to have 100 operational hotels in Middle East by 2026

Radisson Hotel Group’s current portfolio has 77 properties in the Middle East comprising over 11,619 keys

Protiviti's George Thomas on the M&A trends

Opinion: Will M&A transactions continue to surge in the Middle East?

Regional integration efforts like the GCC facilitating smoother M&A transactions by streamlining regulations and cross-border investments will support M&A growth

Radisson Blu Dubai Waterfront image Radisson Hotel Group1

Radisson Hotel Group reports strong H1 growth, with over 100 signings, openings  

The group is looking to grow its portfolio in the Middle East to reach 150 properties in operation and under development by 2030

Régis Schultz, CEO of JD Sports (L) and Mohammad A. Baker, Deputy Chairman and CEO of GMG (R) at the signing of the franchise agreement _ image GMG

UAE’s GMG to bring JD Sports to the Middle East, signs franchise agreement

Under the terms of the 10-year agreement, GMG will open around 50 stores under the JD fascia by 2028, across the UAE, Saudi Arabia, Kuwait and Egypt

Hyatt Miraval The Red Sea (Image: Supplied by Hyatt)

Hyatt to triple Saudi Arabia portfolio in five years

The Middle East, Europe and Africa region represents 10 per cent of Hyatt’s global pipeline

real estate

Alvarez & Marsal says dealmaking wave robust in MENA despite global dip

The increased interest rates have not had a material impact on dealmaking activity in the region

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Celebrities endorsing brands in the Middle east. Image credit: Instagram/sofiavergara/iamsrk/davidbackham/leomessi/prideofgypsies

7 A-list celebrities who are brand ambassadors in the Middle East

Penelope Cruz, Jason Momoa, Sofia Vergara are the new face of home-grown brands in the UAE and Saudi Arabia respectively

Honor

Ahead of the game: Honor’s quest to become the preferred choice in the Middle East

The GCC has witnessed huge commitment from the global technology brand to drive innovation, aiming to create a smarter and more inclusive future for all

Dimitrios Dosis, president– Mastercard EEMEA

Cover story: Mastercard’s Dimitrios Dosis talks strategy and innovation

The company’s EEMEA president shares how the company is contributing to the digital economy and serving communities

Club Lab Golf co-founders

Club Lab Golf launches in the Middle East with Dubai studio

The bespoke studio is equipped with the latest cutting-edge sports technology and the venue includes two practice bays with large launch monitors

Middle East

Middle East airports to handle 1.1 billion passengers by 2040

Airports in the Middle East will need to invest around $151bn in capacity expansion

Smartphone market

Is the region’s smartphone market expected to grow in 2023?

The competition remains stiff in the coming years, especially for emerging brands