British pound strengthened sharply following a surge in PMI data, climbing to $1.3129, the highest level since July 2023. The pound’s upward momentum was bolstered by encouraging economic indicators, outpacing its performance against the euro and reaching...

The UAE is advancing its commitment to gender equality in peacekeeping through a new initiative aimed at equipping women with artificial intelligence (AI) skills. The Sheikha Fatima bint Mubarak Women, Peace and Security initiative, launched by the UAE, s...

TJX Companies, the parent company of retail chains like TJ Maxx and Marshalls, has solidified its footprint in the Middle East through a strategic investment in the retail group Brands for Less (BFL). This move marks a significant expansion into a lucrati...

The aggregate income of the UAE’s ten largest banks surged to $5.8 billion in the second quarter of 2024. This impressive figure reflects a notable increase from the previous quarter, driven by robust economic activities and heightened banking sector perf...

A groundbreaking partnership has been announced between the Abu Dhabi National Oil Company (ADNOC), Malaysia’s PETRONAS, and Storegga, a leading player in carbon capture and storage (CCS) technology. This collaboration marks a significant step forward in...

Dubai-based Lifemart, renowned for its commitment to health and sustainability, has unveiled an unprecedented initiative in eco-friendly retail: the world’s first negative price eco-bags. This innovative approach, launched in the Business Bay area, aims t...

Kuwait Finance House has completed the sale of its entire stake in Sharjah Islamic Bank, fetching $351 million. This divestment marks a significant shift in the bank’s investment strategy, reflecting a broader trend of strategic asset reallocation in the...

A strategic partnership has been forged between the Oil Park Development Company (OPDC) and International Maritime Industries (IMI) to advance the maritime operations of THE RIG, an ambitious offshore adventure tourism project in Saudi Arabia. This collab...

Starting your own eCommerce business can be an exciting and rewarding experience. With the growth of online shopping, there has never been a better time to enter the world of eCommerce. However, building a successful eCommerce business from scratch requir...

In today’s fast-paced business world, investing in employee development is not just a good practice—it’s essential for staying competitive. Employees are the backbone of any organization, and their growth directly impacts the company’s success. But how ca...

London – A new player has emerged in the dynamic London film and video production scene. The Spectrum Studio, founded by an Indian entrepreneur along with a team of UK film school graduates, offers a comprehensive suite of services designed to meet the di...

Technology has become the driving force behind modern business success. From streamlining operations to unlocking new growth opportunities, businesses are turning to technology solutions to gain a competitive edge. But what exactly are business technology...

Expanding a small business in today’s fiercely competitive environment demands strategic planning, innovative approaches, and adaptability. As you gear up for 2024, zeroing in on effective strategies that boost sustainable growth, streamline your operatio...

Startups and Entrepreneurship in Saudi Arabia a Dynamic Ecosystem Saudi Arabia is fleetly arising as a seedbed for startups and entrepreneurship. With a immature population, visionary leadership, and ambitious plans under Vision 2030, the Kingdom is trans...

Riyadh, Saudi Arabia – Metric, a global financial intelligence and analytics platform built for small and medium-sized businesses (SMBs), has been backed by the 500 Global program through the Sanabil 500 Mena Seed fund. This support underlines Metric’s co...