#middle east

Patricia Keating and Dr Antoine Khadige

Writing the next chapter in the region’s fintech success story

Greater private sector involvement is imperative if fintech is to grow and become stronger

Samuel Joy, founder of Huntr

Recruitment platform Huntr aims to enable increased transparency for job seekers

Samuel Joy, the founder and CEO of Huntr, explains how the tech application is automating the process of sourcing migrant candidates in the blue-collared space, making it easier and more transparent for both the candidates and companies

Insights: Ireland’s growing influence in the Middle East

The relationship with Ireland is strong and enduring at both a Federal and Emirate level

Emirates announces changes to commercial teams

Dubai’s Emirates announces changes to commercial team across Middle East, Europe, other regions

The new appointments will be effective from November 1

Hani Weiss Majid Al Futtaim CEO

How customer-centric technology is reshaping retail industry

Hani Weiss is the CEO at Majid Al Futtaim Retail, we spoke to him about how under a strategy of omnichannel retail, the challenges of digital transformation can be turned into opportunities

Marriott Resort Palm Jumeirah, Dubai

Marriott International to open over 20 properties across the Middle East

Marriott International’s current portfolio across the Middle East comprises 150 properties with more than 40,000 rooms across 21 brands, in 11 countries and territories

Lazard names a woman as Saudi chair to grow Mideast advisory unit

Sarah Al-Suhaimi was named chair of the Saudi stock exchange in 2017

Saudi Arabia’s foreign minister and the secretary general of the Digital Cooperation Organization in Riyadh

Digital Cooperation Organization to establish HQ in Riyadh

Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan and Rwanda are member states of the organisation founded to drive collaboration in digital transformation

Real-time payments

Real-time payments set to underpin economic growth in the GCC

ACI Worldwide lists three main drivers that enable and accelerate the move towards real-time payments in the region

Fugro

Geo-data solutions provider Fugro expands its presence in the Middle East

The facility will host a remote operations centre expanding the company’s remote and autonomous capabilities, transforming the maritime sector

Crypto Oasis

Crypto Valley Association, Crypto Oasis team up to boost blockchain development in the Middle East

The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and Middle East

Digital Banking

Insights: The three elements of a successful digital banking strategy

While omnichannel and digital services aren’t new to banks, many institutions have struggled to keep up with the rapid changes and the scale of demand during the pandemic

Tech Awards

Nominations now open for GB Tech Awards 2022

The awards will be held on October 12 at Headlines, Dubai alongside the region’s largest tech event Gitex Global

Middle East to face airline pilot shortages within the next two years

Middle East to face airline pilot shortages within next two years: Oliver Wyman

The regional shortage could start as early as the end of this year, reaching an estimated 3,000 pilots by 2023 and 18,000 by 2032

Oil

Oil extends weekly drop as traders weigh more Iranian supply

A stronger dollar has also added to headwinds for commodities

Explainer: How companies in Middle East approach diversity, equality and inclusion?

Current efforts are not limited to just hiring, but also include investing in developing female talent to build up diverse pipelines, opines Maliha Jilani, member of the global social impact practice and partner at Heidrick & Struggles (Dubai)

Middle East cyberattacks

Top 3 security tips for Middle East businesses to prevent cyberattacks

Microbyte has urged businesses to be vigilant of threats posed by cyberattacks, emphasising the importance to invest in a robust infrastructure system for their day-to-day operations

How the Middle East can fund its green transition

Three opportunities stand out, including harnessing high public spending, leveraging huge SWFs and capitalising on the strength of state-owned enterprises

Regional director

Delinea appoints new regional director for Middle East

Mohammad Ismail joins from Shifra bringing with him deep knowledge of the company’s privileged access management portfolio

Wilson Varghese, GM and head of operations, Zurich insurance

Zurich Insurance’s Wilson Varghese on key healthcare trends and how the insurance industry has leveraged technology

Varghese, the company’s general manager and head of operations, shares the importance of consumer awareness and critical illness cover in the light of the pandemic and its impact

Kyndryl

Here’s how Kyndryl is helping organisations reshape their digital strategies

With a new leader on board, Kyndryl aims to continue to invest in new capabilities and expand its partner ecosystem to help customers expedite their transformation journeys

Oil

Oil set to end volatile week below $100 on slowdown concerns

West Texas Intermediate tumbled below $91 a barrel on Thursday

Oil

Oil extends drop as concerns over economic slowdown grip market

Crude has tumbled since early June on escalating fears of a slowdown as central banks raise rates to combat rampant inflation

Al Othaim family

Saudi Al Othaim family scraps IPO of malls

Abdullah Al Othaim Investment Company decided to cancel the listing of a 30 per cent stake on the Saudi stock exchange

Oil heads for worst run of losses this year on recession concern

Oil fell about 8 per cent in June as investors fretted over a potential global slowdown

Brand Love 2022 Middle East's most loved brands

Nescafé, Lexus and Prada among the region’s most loved brands, reveals Brand Love 2022 report

Talkwalker and Hootsuite analysed consumer sentiment data for over 1,500 global brands to identify the Middle East’s ten most loved brands for the report

Sukuk

Sharjah’s Arada raises $350m via dollar sukuk, lists on London Stock Exchange

The issuance witnessed demand from regional and international investors, with a subscription order of $720m, more than two times the offer size

Middle East IPOs

Middle East IPOs on track for best ever first half as oil surges

IPOs in the Middle East have fetched $11.4bn in the first five months of the year

Beyond Technology

Beyond Technology invests in MEA and South Asian markets to support fiberisation projects

The company has signed service agreements allowing for 33 warehouse facilities across the region, including in the UAE, Saudi Arabia, Qatar and Oman

Vernost Dubai

Martech solution provider Vernost opens Middle East headquarters in Dubai

The Dubai office will be staffed by a combination of relocated Indian team members and locally sourced talent