Global trade patterns are transforming significantly as new economic corridors emerge and traditional relationships evolve. According to new research from Boston Consulting Group (BCG), world trade in goods is projected to grow at an average of 2.9% annually through 2033, with the GCC region playing an increasingly pivotal role in connecting major trade routes between
Qatar Airways, the world’s best airline as voted by Skytrax in 2024, is proud to announce the extension of its partnership with Paris Saint-Germain (PSG) until 2028, reaffirming its commitment to one of the most iconic football clubs in the world, ushering in a new era of collaboration. This renewal strengthens the long-standing relationship between
Eagle Hills has announced the signing of a Memorandum of Understanding (MOU) with the Government of Georgia to invest over $5.5 billion in transforming the country’s urban landscape while embracing sustainability and innovation. This strategic partnership marks a significant milestone in the region’s development with the creation of two ambitious developments in Tbilisi and Batumi,
As the Middle East’s F&B industry continues to evolve, restaurants are increasingly turning to technology to enhance efficiency, reduce costs, and elevate customer experiences. Advanced tech solutions such as cloud-based restaurant management systems and point-of-sale solutions are reshaping how restaurateurs manage operations and boost profitability in a highly competitive market. Foodics, a Saudi-born leading restaurant
The Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE dirhams, amounting to AED 1.1 billion. This issuance is part of the Islamic T-Sukuk issuance programme for the
Global hospitality technology company OYO has reported 261% year-on-year growth in New Year’s Eve bookings across the Gulf Cooperation Council (GCC) countries, that includes the UAE and Saudi. Dubai emerged as the most popular destination with Bur Dubai recording the highest surge in bookings, with 208% YOY growth, followed by Jumeirah. Sunday Holiday International Hotel
All nine Middle Eastern brands in the world’s top 500 are growing in brand value, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. Aramco remains the region’s most valuable brand at USD41.7 billion, though its growth has been the smallest among Middle Eastern brands, signalling a narrowing gap. ADNOC, the Middle East’s second