Innovation, digitalization, customer-centricity, compliance and better management of cost and risk are some strategies that banks in the UAE can employ – as they emerge from a year of shrinking profitability.
Despite the pandemic still ongoing worldwide, surveys by HTI Consulting suggest that the hotel and tourism industry in Africa is poised for considerable growth following the end of the pandemic. Major companies in the industry took part in the HTI survey, such as Hilton, Marriott, Radisson Hotel Group and Accor Hotels.
According to KPMG research, most economies across the Middle East have worked diligently to reform their banking and financial services sector to support the evolution of a fintech ecosystem.
Despite a forward-looking mindset, businesses in the Middle East are taking an incremental approach to innovation rather than a disruptive one. A new Accenture report presents the maturity of innovation efforts in the region.
The term ‘’unicorn’’ was coined in 2013 by Aileen Lee, a Silicon Valley venture capitalist, to describe a privately held, fast-growing startup. In detail, a unicorn refers to a technology non-listed company, in place for less than 10 years with a valuation greater than or equal to $1 billion.
Digital will account for nearly half of MENA’s media & entertainment revenues by 2024, powered by a pandemic-induced boom in streaming and gaming. This is according to PwC’s latest industry market analysis.
While the KSA hotel market has experienced a major shock and has had to adapt during a very difficult period, the vaccine rollout and the development of government-led tourism projects are expected to expediate recovery, with performance returning to much healthier levels
With abundant supplies of solar energy, the GCC is well-positioned to mass produce green hydrogen and control the energy market of the future – helped along by stellar supply and demand indications.
The European steel industry needs to make both short-term operational changes and medium- to long-term strategic moves to build an economically viable and environmentally sustainable future. This will require the steel industry and policy makers to be aligned and willing to cooperate
Global consultancy BearingPoint has helped world-famous sports paper L'Équipe with tapping the power of artificial intelligence to better forecast the daily demand for its printed newspapers.
The project forms one part of a broader government drive to build economic resilience in Egypt – both in line with long-term Egypt Vision 2030 objectives as well as to support economic recovery from the Covid-19 crisis.
Abu-Dhabi-based district cooling specialist Tabreed is embarking on a new digital transformation and has picked SAP and Deloitte as partners of choice. Focus areas are data analytics and operational improvements.
Global strategy consulting firm Boston Consulting Group (BCG) has kicked off the third edition of its Jeel Tamooh program, bringing together 100 of the most talented students from Saudi Arabia’s top universities.
Big Four accounting and consulting firm KPMG has been named the top company to work for in the Netherlands by LinkedIn, which examined millions of data points to come to its analysis.
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