Tech Make it happen: How to digitally transform your business Here is the first of our monthly guides to harnessing global trends with a razor-sharp regional focus May 10, 2022
Opinion Tech Will Dubai win the Web3 race? The co-founder of Tahseen Consulting, one of the MENA’s top tech policy firms, rates Dubai’s chances of becoming a hub for the decentralised web and crypto exchange May 10, 2022
Lifestyle Who is Lord Udny-Lister? Edward Julian Udny-Lister is a special adviser to the UK government, a political strategist and former politician. One of Boris Johnson’s closest aides, Udny-Lister served as Downing Street chief of staff from 2019 to 2021, primarily advising on strategy. He was the deputy mayor of London for policy and planning between 2011 and 2016 – […] May 10, 2022
Exclusive Interviews UK-Gulf deal will be ‘tough nut to crack,’ says top Johnson ally The co-chairman of the UAE-UK Business Council and former chief strategic adviser to Prime Minister Boris Johnson says the upcoming UK-Gulf trade agreements could be delayed but bilateral opportunities remain immense Lord Udny-Lister, co-chairman of the UAE-UK Business Council and one of Boris Johnson’s closest political allies, cuts a distinguished figure amid the sumptuous surroundings […] May 10, 2022
Analysis Aviation Gulf’s top airlines take different paths to soar post-Covid The air travel industry was among the worst hit globally by the coronavirus pandemic and its ensuing lockdowns and border closures — and the Middle East’s industry was no exception. According to a report by McKinsey & Company, the pandemic caused global aviation revenues to drop by 60 percent in 2020, and airlines lost a […] May 9, 2022
Exclusive Media & Advertising Starzplay Arabia: the rise and rise of a streaming giant With new shareholders on board, Starzplay Arabia’s Danny Bates is looking to the future with renewed confidence May 9, 2022
Abu Dhabi sees £2.5bn of property deals in Q1 The volume of real estate transactions in the UAE capital reached AED11.3 billion (£2.5 billion) across 3,304 deals in the first quarter of 2022, official figures reveal. Yas Island, the Abu Dhabi neighbourhood that houses the Formula 1 racing track and several other leisure and entertainment destinations alongside upmarket residential complexes, recorded the largest amount […] May 9, 2022
Real Estate The new boom: 5 trends shaping Gulf property markets Demand for real estate in the GCC region is outpacing supply, keeping prices high and contributing to record transaction levels in the property hotspot of Dubai. AGBI looks at the key factors influencing the markets this year. May 9, 2022
EXCLUSIVE Tech Abu Dhabi is harvesting technology to drive a farming revolution The Gulf region has historically imported around 90 percent of its food requirements, constrained by arid soils, scarce water resources and searing temperatures. But concerns about the impact of climate change on food production, coupled with the recent coronavirus-induced global supply chain crisis, are forcing governments to rethink food security. Technology solutions Abu Dhabi has […] May 9, 2022
Opinion Old friends, new vision: the Gulf and UK are shaping the future The Gulf's ambition, energy and skill coupled with Britain's heritage in innovation creates a formidable partnership that promises exceptional opportunities May 9, 2022
Exclusive Tech Revealed: top co-working spaces in the Gulf Demand for co-working spaces is on the rise in the Gulf as business communities evolve to support the shift towards knowledge-based economies and nurture a new generation of startups driving a different way of working. Spaces are opening up across the region to accommodate a different breed of worker that prioritises flexibility, low rates and […] May 9, 2022
Finance UAE, Pakistan in push for stronger trade ties Leaders of the UAE and Pakistan have reaffirmed earlier commitments made by the two countries to boost bilateral trade. Pakistan imports from the UAE stood at £5.9 billion in 2021, according to the United Nations’ Comtrade database on international trade, but there is currently no formal free trade agreement between the two countries. A free […] May 3, 2022
Banking and Finance ADQ buys stakes worth $1.85bn in Egyptian firms Abu Dhabi’s state holding company ADQ bought shares worth $1.85 billion in five publicly traded Egyptian companies in April, helping Egypt after the Ukraine crisis prompted foreign investors to flee. Egypt has been on the hunt for foreign exchange since Russia’s invasion of Ukraine prompted investors to pull billions of dollars out of its treasury […] April 28, 2022
Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022
Tech company iMENA working with banks on IPO plans Middle East technology investment firm iMENA Group, part owned by Abu Dhabi telecom operator e& , is considering an initial public offering in Abu Dhabi and is working with banks on the deal, two sources told Reuters. The company invests in online and mobile businesses in the Middle East and North Africa, with firms including […] April 7, 2022