Subscribe to continue reading
Subscribe to get access to the rest of this post and other subscriber-only content.
DIFC and Lloyd’s collaborate to develop future talent in the insurance sector
Category Archives: Business & Investments
Jumbo Electronics Reports 30% Increase in Drone Sales Across Its UAE Stores
Dubai, UAE; 22 January 2025: Jumbo Electronics Ltd., a leading retailer of consumer electronics and technology products in the UAE, has announced a surge in drone sales, reporting a 30% increase across its stores in the United Arab Emirates, over the past six months, reflecting growing interest in drone usage among tech enthusiasts.
Continue reading Jumbo Electronics Reports 30% Increase in Drone Sales Across Its UAE Stores
GCC energy companies must embrace product-level decarbonization to stay competitive globally
- Lower carbon intensity of GCC products presents unique opportunity in regulated markets
- Joint report by World Future Energy Summit and Strategy& Middle East recommends four strategic steps for GCC energy players to lead decarbonization efforts
Abu Dhabi, UAE – 22 January, 2025: As global policies tighten to reduce greenhouse gas emissions, energy companies face increasing pressure to transition from broad reduction targets to precise strategies which address the carbon footprint of individual products. This requires a complete rethink of how emissions are measured, reported, and mitigated.
Continue reading GCC energy companies must embrace product-level decarbonization to stay competitive globally68.97% of GCC Facility Managers Report Improved Efficiency Through Centralized Digital Platforms
Empowering GCC Facility Management: New Insights on Digital Transformation, Efficiency, and Cost Savings
Dubai, UAE – 20 January 2025 –The facility management industry in the GCC is experiencing a seismic shift as professionals adopt digital tools to meet rising operational demands. A new whitepaper from PlanRadar, in collaboration with the Middle East Facility Management Association (MEFMA), reveals that 68.97% of FM professionals report enhanced efficiency through centralized digital platforms, while 58.62% highlight cost savings from reducing errors and delays. This comprehensive report not only sheds light on the challenges FM professionals face but also provides actionable strategies to navigate them effectively.
A Rapidly Evolving Industry: The Role of Digital Platforms
The whitepaper highlights how the GCC’s FM sector is growing in complexity due to large-scale urban development and diverse facility types. 44.83% of professionals are adopting digital tools to streamline daily operations, and 62.07% are using Computer-Aided Facility Management (CAFM) software to optimize workflows. However, challenges like operational inefficiencies, workforce gaps, and sustainability pressures remain critical barriers.
Continue reading 68.97% of GCC Facility Managers Report Improved Efficiency Through Centralized Digital Platforms
Middle East confidence steady as new orders surge 10% above average, according to ACCA’s GECS Q4 2024
Survey highlights regional resilience, driven by non-oil sector growth and strategic diversification efforts
Dubai, UAE: 22 January 2025: Despite global economic uncertainty, the Middle East is emerging as a beacon of resilience, according to the Q4 2024 Global Economic Conditions Survey (GECS) released by the Association of Chartered Certified Accountants (ACCA).
The survey revealed a 10% rise in new orders above historical averages for the region, signaling robust economic activity driven by diversification efforts and strong non-oil sector growth. While confidence levels dipped slightly in Q4, they remain among the highest globally, second only to South Asia.
Continue reading Middle East confidence steady as new orders surge 10% above average, according to ACCA’s GECS Q4 2024
UAE News 24/7 