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Shruthi Nair

Multimedia Editor

Shruthi is an award-winning Dubai-based journalist with eight years of experience reporting across digital and print platforms including newspaper, radio, TV and magazines in the Middle East. After serving as a reporter and TV presenter for Times of Oman, she led the video content division of Arabian Business and ITP Media Group's other B2B titles. She was also editor of Retail Middle East

Shruthi Nair
Amouage's global retail sales have doubled over the last three years Video length: 04:30

Oman’s Amouage outgrows ‘overdeveloped’ GCC market

Amouage, the Omani luxury perfume brand, now counts the United States as its biggest revenue generator after three years of continued growth, says Renaud Salmon, the company’s creative officer. Founded in 1983 by the Albusaidi family, Amouage recorded annual growth of 24 percent in 2023, with global retail sales doubling over the last three years.  […]

Oman offers attractions such as the Muscat Royal Opera House but sports tourism could bring it new opportunities Video length: 05:11

Oman must be ‘faster’ to grasp tourism opportunities

Oman needs to be “faster” to react to regional tourism opportunities and market itself more effectively to attract more visitors to the country, according to the sultanate’s industry leaders.  Tourism grew by 12 percent in the first quarter of the year, figures released by the Ministry of Heritage and Tourism show. Total revenues of 3-to-5 […]

Mads Bo Larsen, vice-president of Novo Nordisk UAE, says a local plant 'will not solve anything' in the face of the country's Ozempic shortage Video length: 3:39

UAE diabetics face Ozempic shortage due to weight-loss users

The manufacturer of Ozempic is “troubled” by the fact the drug, which was designed to help people with diabetes, is in short supply in the UAE because of the high number of consumers using it for its weight loss side-effects. Danish pharmaceutical company Novo Nordisk introduced Wegovy, a drug meant to specifically tackle obesity, to […]

Heidi Kunkel, senior VP at Hyatt, says high-end customers are less sensitive to price increases Video length: 4:19

GCC hoteliers unfazed by rising costs

As global inflationary pressures continue to vex businesses, hospitality chains are faced with a choice: increase room rates or sacrifice profit margins.  GCC hoteliers seem to be opting for squeezing profit margins rather than increase room rates, even as geopolitical tensions and supply chain challenges threaten to push up costs.  Average daily rates (ADR) in […]

Dual-fuel container ship Ane Maersk leaves Hamburg on its maiden voyage Video length: 03:53

Shipping needs cheaper green methanol for its route to net zero

Higher costs and undersupply remain the biggest concerns for shipping companies seeking to reduce their greenhouse gas emissions by switching to green methanol.  Danish logistics company Maersk has ordered 25 vessels that can run on sustainably produced e-methanol. Its first large methanol container ship, Ane Maersk, arrived at Jebel Ali port in Dubai last week. […]

SWVL CEO Mostafa Kandil Video length: 04:15

Unicorn SWVL survives share slump to turn a profit

Scaling back operations, chasing profitability over investor funding and divesting from acquisitions has resulted in the Middle East’s first unicorn finally turning profitable.  Egypt-born ride hailing app SWVL has survived a turbulent time during which the Nasdaq-listed startup faced the possibility of being delisted.  SWVL was valued at $1.5 billion when it went public in […]

Art NFTs Video length: 04:13

Dubai art dealer uses NFTs for fractional art ownership

A Dubai tech startup is introducing tokenisation to the art world, after the NFT bubble burst spectacularly. 10101.art aims to make investing in art accessible to all by selling digitised fragments of works by artists including Andy Warhol, Banksy and Picasso, allowing for collective ownership of a masterpiece for as little as $100 a fragment. […]

Salim Al Aufi

Subsidies not route to affordable energy, says Omani minister

Providing affordable energy is the biggest priority for Oman’s minister of energy and minerals, but subsidies are still not an option.  “Affordable energy, sustainable energy and clean energy in that order. We cannot flip it,” Salim Al Aufi told AGBI in an exclusive interview on Monday during the Oman Petroleum and Energy Show, which took […]

Borouge 4 UAE Video length: 03:31

Borouge to treble production despite lacklustre demand

The UAE petrochemicals company Borouge is to treble annual production capacity at its $6 billion polyolefin complex, despite forecasts of an oversupply in the sector. Once completed next year, Borouge 4 will be the world’s largest single-site producer of polyolefins, plastics mainly obtained from oil and natural gas. Borouge’s CEO, Hazeem Al Suwaidi, told AGBI […]

A spa room in Clinique La Prairie's latest Longevity Hub in Dubai, it's fifth in the emirate Video length: 03:32

The Dubai spa charging AED90,000 to increase ‘healthspan’

Clinique La Prairie opened its fifth Longevity Hub-branded spa in Dubai last month and is preparing to open a $300 million health resort in Saudi Arabia’s Amaala giga-project next year.  The “medical spa” receives 60,000 clients each year from the Middle East to its luxury facility in Montreux, Switzerland for longevity and preventative medicine treatments. […]

Head, Person, Face Deyaar's CEO, Saeed Al Qatami, says there has been 'phenomenal growth' in the commercial space Video length: 04:50

Dubai luxury real estate has stabilised, says Deyaar CEO

Demand for mid-segment and affordable properties will increase in the coming months as luxury real estate prices start to stabilise, according to Saeed Al Qatami, CEO of the Dubai master developer Deyaar Development.  “This is a segment that will see more demand and an increase in prices. Luxury has stabilised,” Al Qatami said. Last month […]

Abdul Aziz Al Ghurair Dubai Chambers Video length: 04:40

UAE companies ‘can do more’ with Brics

UAE businesses need to do more to take advantage of the UAE joining Brics and signing free trade agreements with various countries, according to the chairman of Dubai Chambers. “Other countries are aware, but our business community needs to take advantage of what they can do with India, Indonesia, Turkey and other countries,” Abdul Aziz […]

A cafe in Dubai Mall. Consumers' tastes are changing, according to food producer Agthia Video length: 05:02

Made in UAE: consumers turn to local food brands

UAE consumers are increasingly turning to locally produced products, according to the head of a multi-billion-dirham food and beverage conglomerate.  Consumption patterns in the region are changing rapidly, prioritising healthy lifestyles, time-saving and convenience while maintaining authentic tastes.  “If you can produce something locally, give them good value for money, they are much more open […]

Lionel Messi, Antonela Roccuzzo and their sons on holiday. His latest Saudi Tourism promo video has been posted on Instagram Video length: 01:02

Saudi tourism scores big with Lionel Messi video

Global Google searches for “Saudi tourism” shot up at the weekend after tourism bosses in the kingdom released a new promotional video starring footballer Lionel Messi. The campaign, which is being launched in markets including Europe, India and China, focuses on overturning common misconceptions about Saudi Arabia. The video has been watched by 50 million […]

The Future Investment Initiative Conference, run by the Saudi PIF. The FII invests in a range of sectors, including startups Video length: 05:04

Middle East unicorns will flourish, predict VCs

For the first time since 2015, there were no deals worth more than $100 million last year in the UAE. Despite this, venture capitalists predict the region will see the creation of at least 10 unicorns – defined as a privately held startup company with a value of more than $1 billion – within the […]

Yasir Othman Al-Rumayyan, governor of the Saudi Public Investment Fund. Forty percent of the $11trn held by sovereign wealth funds is in the Gulf region Video length: 05:39

Sovereign wealth funds: the Gulf’s biggest power players

Did you know that the world’s first sovereign wealth fund was set up in the GCC? Kuwait Investment Authority was established in 1953, eight years before the country’s independence, to invest surplus oil revenues. Now every GCC country has a sovereign wealth fund responsible for financial returns and national economic development.  “Today there are over […]