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Business & Investments

Optimistic on growth and the impact of AI, Middle East CEOs recognise the urgent need to reinvent their businesses, reveals PwC’s latest survey

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Optimistic on growth and the impact of AI, Middle East CEOs recognise the urgent need to reinvent their businesses, reveals PwC’s latest survey

  • Optimism: Nearly three-quarters (73%) of CEOs in the Middle East, and 81% of GCC CEOs, expect regional economic growth to improve in the coming year, far outpacing their global counterparts (44%).
  • Resilience: Geopolitical conflict is one of the primary concerns for regional CEOs, along with inflation, and cyber security threats.
  • Reinvention: 48% of regional leaders believe that their company won’t be viable in 10 years if they continue on their current path.
  • Generative AI: 73% of CEOs in the region believe GenAI will significantly change the way their company creates, delivers and captures value in the next three years. And almost half indicated they have already changed their tech strategy to leverage its opportunities.
  • Climate change: Leaders acknowledge that companies must play a leading role in pushing forward the region’s ambitious climate goals, with 36% identifying climate change as a key driver for corporate change in the next three years.
Continue reading Optimistic on growth and the impact of AI, Middle East CEOs recognise the urgent need to reinvent their businesses, reveals PwC’s latest survey →
Business & Investments

دبي تستضيف المؤتمر التحويلي للشركات والمكاتب العائلية حول العالم والتي تبلغ قيمة أصولها 2 تريليون دولار

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دبي تستضيف المؤتمر التحويلي للشركات والمكاتب العائلية حول العالم والتي تبلغ قيمة أصولها 2 تريليون دولار

دبي، الإمارات العربية المتحدة، 22 يناير 2024

 تستضيف دبي، عاصمة الابتكار في عالم المال والأعمال، المؤتمر التحولي للشركات والمكاتب العائلية حول العالم، وهو مبادرة توسعية رائدة تحظى برعاية معهد صناديق الثروة السيادية. ومن المقرر انطلاق أعمال المؤتمر في الثاني من فبراير المقبل في متحف المستقبل في دبي، والذي تتلاشى فيه الحواجز التقليدية ويوفر بيئة داعمةً للمحادثات البناءة التي تمتلك القدرة على تغيير العالم.

وتشهد هذه الفعالية الحصرية التي يتطلب حضورها دعوةً رسمية مشاركة شركات تتربع على عرش ثروة هائلة تبلغ 2 تريليون دولار، ويحظى هذا المؤتمر باهتمام مستثمري الأصول العالمية وكبار الشخصيات والوزراء والشركات والمكاتب المملوكة لأسرة واحدة من أكثر من 35 دولةً حول العالم.

Continue reading دبي تستضيف المؤتمر التحويلي للشركات والمكاتب العائلية حول العالم والتي تبلغ قيمة أصولها 2 تريليون دولار →
Business & Investments

Retail and Consumer Businesses Should Embrace an ‘Ecosystem Approach’ to Tap into a Potential $1tn Revenue Pool in MENA – Oliver Wyman

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Retail and Consumer Businesses Should Embrace an ‘Ecosystem Approach’ to Tap into a Potential $1tn Revenue Pool in MENA – Oliver Wyman

Joe Abi Akl - Oliver Wyman

Dubai, January 22, 2024 – Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), has bolstered its practice focused on Retail & Consumer Goods (RCG) in the India, Middle East, and Africa region, combining Oliver Wyman’s global expertise in transformation, development of retail solutions, and more with extensive local experience to provide strategic guidance to retail and consumer businesses aiming to transform and grow.

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Technologies

SAP appoints new Managing Director for UAE 

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SAP appoints new Managing Director for UAE 

Marwan Zeineddine, SAP

Marwan Zeineddine as the new Managing Director for its UAE operations

Dubai, United Arab Emirates — 23 January, 2024– SAP has appointed Marwan Zeineddine as the new Managing Director for its UAE operations. With more than 24 years of technology and digital experience and having held senior roles across SAP since 2012, Zeineddine will be focused on supporting the digital transformation and AI capabilities of companies in the Emirates.

Continue reading SAP appoints new Managing Director for UAE  →
Sports & Recreations

‘It’s lovely to share the dressing room with David Warner,’ says Dubai Capitals’ Dushmantha Chameera

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‘It’s lovely to share the dressing room with David Warner,’ says Dubai Capitals’ Dushmantha Chameera

Dubai, 23rd January 2024: Dubai Capitals’ bowler Dushmantha Chameera picked up four wickets in the DP World ILT20 clash against Sharjah Warriors, but it was not enough to counter the batting prowess of Johnson Charles, who helped his team chase down the target of 170 in a closely fought encounter at the Dubai International Stadium on Monday, January 22.

Dushmantha Chameera of Dubai Capitals celebrates the wicket of Niroshan Dickwella of Sharjah Warriors during the match 5 of the DP World International League T20 between the Dubai Capitals and the Sharjah Warriors held at the Dubai International Cricket Stadium, Dubai, United Arab Emirates on the 22nd January, 2024.

Photo by CREIMAS / ILT20

Speaking after the match, the Sri Lankan bowler said, “Johnson Charles is an attacking player. We made the mistake of bowling length balls, which he put away to the boundary. There was a little bit of dew on the pitch after the tenth over and that definitely hurt us.”

This did not stop Chameera from shining with the ball, also taking the wicket of Charles, who scored 93 off 51. Despite the loss, he was optimistic with the various other aspects of his team’s performance. “This is a disappointing result considering that we did well with the bat and on the field. We could’ve defended 170 runs,” added the right-armer.

Continue reading ‘It’s lovely to share the dressing room with David Warner,’ says Dubai Capitals’ Dushmantha Chameera →