OPEC expects that it will need to pump an average of 28.92 million barrels a day of crude to satisfy demand during the fourth quarter
The two entities will collaborate to attract regional and international investors, and boost foreign direct investment into Saudi Arabia
The final offer price is expected to be announced on November 23 and trading on both exchanges will start December 6
The Middle East Green Initiative was launched by the Crown Prince last year as part of efforts to reduce regional carbon emissions
Comprising three mini refineries, Al-Zour is the biggest of several oil-processing facilities being added across the Middle East
The ability for blockchain to be adopted at a national level is a huge opportunity for it to step into the spotlight as the rightful pioneer in the Web3 space
The Middle East is having a banner year for IPOs on the back of high oil prices, investor inflows and strong demand for share sales
The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO
The vice president of business development shares Radisson Hotel Group’s plans in the Middle East, its growing focus on Saudi Arabia and upcoming openings
Digitalisation can either replace human input totally or just facilitate or help a human to do a job easily and efficiently
Greater private sector involvement is imperative if fintech is to grow and become stronger
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
The relationship with Ireland is strong and enduring at both a Federal and Emirate level
The new appointments will be effective from November 1
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 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
Sarah Al-Suhaimi was named chair of the Saudi stock exchange in 2017
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
ACI Worldwide lists three main drivers that enable and accelerate the move towards real-time payments in the region
The facility will host a remote operations centre expanding the company’s remote and autonomous capabilities, transforming the maritime sector
The alliance with Crypto Oasis will help build bridges, share knowledge and enable an exchange between crypto-passionates in Switzerland and Middle East
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
The awards will be held on October 12 at Headlines, Dubai alongside the region’s largest tech event Gitex Global
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
A stronger dollar has also added to headwinds for commodities
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)
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
Three opportunities stand out, including harnessing high public spending, leveraging huge SWFs and capitalising on the strength of state-owned enterprises
Mohammad Ismail joins from Shifra bringing with him deep knowledge of the company’s privileged access management portfolio
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