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All set for Saudi market, Noon signs pact with eXtra

Noon, the digital marketplace created in the region, for the region and powered by the region’s leading retailers, has signed a partnership agreement with United Electronics Company (eXtra) that establishes the Saudi electronics giant as Noon’s exclusive partner for a range of consumer electronics and home appliance items such as Samsung, LG, Sony, Braun, Kenwood […]

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Are smart cities the ‘new reality’?

  Smart cities, which are self-sufficient, sustainable and independent of hydrocarbon usage, are now a reality. GCC nations Saudi Arabia and UAE are leading the global phenomenon and investing massively in this novel concept. In fact, city leaders throughout the globe are making more sense of various internet applications and different data available to them […]

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Top CEO 2017 Preview: Changing business scene

  Business in the Middle East is undergoing a radical transformation. Traditional norms are fast disappearing, while the rise of modern technologies and methods necessitate a change in way top business leaders function. As a new generation of young leaders takes the helm of corporate affairs, the GCC and the Middle East are waking up […]

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Transforming the bank’s treasury

In a surprise move in November last year, the Egyptian Central Bank announced that it would let the market set the foreign exchange (FX) rate for the Egyptian Pound (EGP) and raised the interest rates by 300 basis points. These measures were designed to stop the currency being traded on the black market and reverse […]

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Construction sector to bounce back in 2017

Dwindling oil prices for the past couple of years have impacted most of the industries in the GCC region and businesses have seen a drastic drop in investments and also freezing of many future projects. Construction is one sector that have been impacted badly with the weakening oil prices. However, upcoming mega events like Expo […]

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Rolls-Royce Motor Cars Dubai becomes highest-selling dealership worldwide

  Rolls-Royce Motor Cars Dubai (AGMC) has been announced as the world’s highest-selling dealer of Rolls-Royce motorcars in 2016, following the release of the super-luxury marque’s 2016 sales figures. Echoing the city’s ethos of always aiming to be the best, the sole authorized dealer for Rolls-Royce Motor Cars in Dubai, Sharjah and the Northern Emirates, […]

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Modern-day entrepreneur: tips to survive and thrive

By Shamim Kassibawi, Managing Director of Spread Communications, and MENA CEO of The SMC Group Building a company from the ground up can be one of the hardest things to do, and there might be times where you might just want to give up. The journey of entrepreneurship can be deeply personal, making it difficult […]

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Gulf may gain as oil, Asian bourses start 2017 strong

Stock markets in the Gulf may rise on Tuesday as both crude oil prices and Asian bourses start their first trading day of 2017 with a firm tone. MSCI’s broadest index of Asia-Pacific shares outside Japan is up 0.4 per cent as most regional markets reopen after New Year holidays. Brent crude oil is at […]

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Driving the digital wave

A look at Dubai’s road network reveals color-coded taxis criss-crossing the streets. There are more than 6,000 cabs carrying hundreds of thousands of passengers everyday, making it one of the most profitable businesses – not only in the UAE, but worldwide as well. Passenger transportation via taxis has changed over the past 23 years in Dubai. […]

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