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BUSINESS

LOGISTICS

Tech Mahindra to set up first global delivery centre in Egypt

Tech Mahindra to set up first global delivery centre in Egypt
Tech Mahindra to set up first global delivery centre in Egypt
FUNDS

Schneider Electric backs $518mln fund for industrial tech start-ups

Schneider Electric backs $518mln fund for industrial tech start-ups
Schneider Electric backs $518mln fund for industrial tech start-ups
ECOMMERCE

9 in 10 consumers in MENA bought products online this year: Survey

9 in 10 consumers in MENA bought products online this year: Survey
9 in 10 consumers in MENA bought products online this year: Survey
INFRASTRUCTURE

Voltas’ unit lands HVAC services contract in Saudi Arabia

Voltas’ unit lands HVAC services contract in Saudi Arabia
Voltas’ unit lands HVAC services contract in Saudi Arabia
TRANSPORT

RTA partners with ADNOC, Almutakamela to develop 3 trucks rest stops

RTA partners with ADNOC, Almutakamela to develop 3 trucks rest stops
RTA partners with ADNOC, Almutakamela to develop 3 trucks rest stops
CONSTRUCTION

'Big 5' to explore future-proofing of construction industry

'Big 5' to explore future-proofing of construction industry
'Big 5' to explore future-proofing of construction industry
EDUCATION

Sharjah Education Academy launches PGDE Programme in Arabic

Sharjah Education Academy launches PGDE Programme in Arabic
Sharjah Education Academy launches PGDE Programme in Arabic

AVIATION

AIRLINES

US: Delta offers pilots hefty pay raises as unions flex bargaining power

US: Delta offers pilots hefty pay raises as unions flex bargaining power
US: Delta offers pilots hefty pay raises as unions flex bargaining power
AVIATION

Fujairah Airport opens new runway

Fujairah Airport opens new runway
Fujairah Airport opens new runway
MANUFACTURING

Airbus delivered about 563 jets Jan-Nov, sources say

Airbus delivered about 563 jets Jan-Nov, sources say
Airbus delivered about 563 jets Jan-Nov, sources say
AVIATION

Jazeera to launch direct flights to Tajik capital Dushanbe

Jazeera to launch direct flights to Tajik capital Dushanbe
Jazeera to launch direct flights to Tajik capital Dushanbe

BANKING & INSURANCE

FINANCIAL SERVICES

CBE grants ADIB-Egypt preliminary approval to launch prepaid card Takka

CBE grants ADIB-Egypt preliminary approval to launch prepaid card Takka
CBE grants ADIB-Egypt preliminary approval to launch prepaid card Takka
FINANCIAL SERVICES

EU eyes green financing for Philippines

EU eyes green financing for Philippines
EU eyes green financing for Philippines
FINANCIAL SERVICES

India extends deadline to levy cap on digital payment transactions

India extends deadline to levy cap on digital payment transactions
India extends deadline to levy cap on digital payment transactions

CAREERS

EMPLOYMENT

Over 75% of execs fear economic uncertainty will impact work flexibility: LinkedIn

Over 75% of execs fear economic uncertainty will impact work flexibility: LinkedIn
Over 75% of execs fear economic uncertainty will impact work flexibility: LinkedIn
CHINA (PRC)

Apple supplier Foxconn quadruples bonuses to staff hit by China COVID lockdown

jobs

Australia needs workers but a million are stuck at the door

EMPLOYMENT

Hadaf supports employment of 160,000 Saudis in private sector

jobs

Saudi's Rua Al Madinah project to create 93,000 jobs, its CEO says

Saudi's Rua Al Madinah project to create 93,000 jobs, its CEO says
Saudi's Rua Al Madinah project to create 93,000 jobs, its CEO says
EMPLOYMENT

Why are millions of workers quitting, and what is the cost of this trend?

Why are millions of workers quitting, and what is the cost of this trend?
Why are millions of workers quitting, and what is the cost of this trend?

EDUCATION

EDUCATION

IHG Hotels & Resorts’ Skills Academy goes global

IHG Hotels & Resorts’ Skills Academy goes global
IHG Hotels & Resorts’ Skills Academy goes global
EDUCATION

CIRA to deliver first phase of Saxony Egypt University next September

EDUCATION

Saudi Arabia, Kuwait to mull draft of educational MoU

EDUCATION

Zayed University launches new research centre to transform Arabic teaching, learning

Zayed University launches new research centre to transform Arabic teaching, learning
Zayed University launches new research centre to transform Arabic teaching, learning

ENERGY

ENERGY

Germany to force energy providers to justify future price hikes

ENERGY

All EU governments complete approval of Russian oil price cap

ENERGY

Opec+ likely to maintain oil output levels

Opec+ likely to maintain oil output levels
Opec+ likely to maintain oil output levels

FINTECH

FINTECH

Contact provides new financing solution with Toothpick platform

Contact provides new financing solution with Toothpick platform
Contact provides new financing solution with Toothpick platform
FINTECH

Damen ePayment in negotiation for new investors: CEO

Damen ePayment in negotiation for new investors: CEO
Damen ePayment in negotiation for new investors: CEO
FINTECH

Britain and Singapore to deepen fintech collaboration

Britain and Singapore to deepen fintech collaboration
Britain and Singapore to deepen fintech collaboration
FINTECH

Saudi Central Bank licenses new payment financial technology company

Saudi Central Bank licenses new payment financial technology company
Saudi Central Bank licenses new payment financial technology company

HEALTHCARE

TRAVEL AND TOURISM

Egypt has many natural resources that can place it in the ranks of global health tourism destinations: Tourism Ministry

Egypt has many natural resources that can place it in the ranks of global health tourism destinations: Tourism Ministry
Egypt has many natural resources that can place it in the ranks of global health tourism destinations: Tourism Ministry
REAL ESTATE

Health services vow for housing projects: Bahrain

Health services vow for housing projects: Bahrain
Health services vow for housing projects: Bahrain
ECONOMY

UAE celebrates 51st National Day with distinguished achievements

UAE celebrates 51st National Day with distinguished achievements
UAE celebrates 51st National Day with distinguished achievements
PHARMACEUTICAL

Pfizer unveils future strategy in Egyptian market

EQUITIES

GSK Egypt sees surge in 9M-22 consolidated profits

IMMIGRATION

Over 30,000 Frontline Heroes awarded golden visas

HOSPITALITY

HOSPITALITY

HOSPITALITY

Saudi TDF teams up with Ennismore, Al Rajhi for lifestyle projects

Saudi TDF teams up with Ennismore, Al Rajhi for lifestyle projects
Saudi TDF teams up with Ennismore, Al Rajhi for lifestyle projects
HOSPITALITY

Airbnb launches service allowing American renters to host apartments

Airbnb launches service allowing American renters to host apartments
Airbnb launches service allowing American renters to host apartments
HOSPITALITY

Emirati cuisine, limited edition shakes and more: 7 UAE National Day food offers to enjoy

Emirati cuisine, limited edition shakes and more: 7 UAE National Day food offers to enjoy
Emirati cuisine, limited edition shakes and more: 7 UAE National Day food offers to enjoy
HOSPITALITY

Saudi's Diriyah Gate signs deal with 16 global hospitality brands

Saudi's Diriyah Gate signs deal with 16 global hospitality brands
Saudi's Diriyah Gate signs deal with 16 global hospitality brands
HOSPITALITY

Saudi TDF seals partnership agreement with Hilton

Saudi TDF seals partnership agreement with Hilton
Saudi TDF seals partnership agreement with Hilton

MANUFACTURING

MANUFACTURING

Jindal Shadeed Group to invest $3bln in green steel facility in Oman’s SEZAD

Jindal Shadeed Group to invest $3bln in green steel facility in Oman’s SEZAD
Jindal Shadeed Group to invest $3bln in green steel facility in Oman’s SEZAD
MANUFACTURING

Global manufacturing gloom dims UK activity: PMI survey

Global manufacturing gloom dims UK activity: PMI survey
Global manufacturing gloom dims UK activity: PMI survey
MANUFACTURING

South African factory activity expands in November - Absa PMI

South African factory activity expands in November - Absa PMI
South African factory activity expands in November - Absa PMI

PROFESSIONAL SERVICES

ARTIFICIAL INTELLIGENCE

NEXT50 launches one-stop-shop solution for businesses

NEXT50 launches one-stop-shop solution for businesses
NEXT50 launches one-stop-shop solution for businesses
HEALTHCARE

Scientific & Medical Equipment House wins $75mln deals from Saudi government

Scientific & Medical Equipment House wins $75mln deals from Saudi government
Scientific & Medical Equipment House wins $75mln deals from Saudi government
SERVICES

UAE: Provis strengthens market share with acquisition of Saga Owners’ Association

UAE: Provis strengthens market share with acquisition of Saga Owners’ Association
UAE: Provis strengthens market share with acquisition of Saga Owners’ Association

REAL ESTATE

REAL ESTATE

Saudi group Sumou ink $100mln deal for Makkah villa project

Saudi group Sumou ink $100mln deal for Makkah villa project
Saudi group Sumou ink $100mln deal for Makkah villa project
REAL ESTATE

Azizi's premium Dubai waterfront project enters fast track

REAL ESTATE

Arada sales soar on landmark Sharjah freehold property move

REAL ESTATE

Dubai records over $1.31bln in weeklong real estate transactions

REAL ESTATE

Eagle Hills launches $2.5bln super yachts marina project in Albania

Eagle Hills launches $2.5bln super yachts marina project in Albania
Eagle Hills launches $2.5bln super yachts marina project in Albania
REAL ESTATE

Prime residential market in Dubai 'set for strongest growth in 2023'

Prime residential market in Dubai 'set for strongest growth in 2023'
Prime residential market in Dubai 'set for strongest growth in 2023'

RETAIL & CONSUMER

RETAIL

Dior showcases fashion in shadow of Egypt's pyramids

Dior showcases fashion in shadow of Egypt's pyramids
Dior showcases fashion in shadow of Egypt's pyramids
RETAIL

Adidas sticks to World Cup sales outlook despite Germany's exit

RETAIL

Hong Kong retail sales rise in October, outlook challenging

RETAIL

German retail sales fall in October as inflation takes hold

German retail sales fall in October as inflation takes hold
German retail sales fall in October as inflation takes hold

TECHNOLOGY & TELECOM

TECHNOLOGY

Shipment of Samsung foldable smartphones double

Shipment of Samsung foldable smartphones double
Shipment of Samsung foldable smartphones double
TECHNOLOGY

India's digital rupee fails to excite interest, bankers say

India's digital rupee fails to excite interest, bankers say
India's digital rupee fails to excite interest, bankers say
TECHNOLOGY

Three-quarters of people over 10 own a mobile phone: UN

Three-quarters of people over 10 own a mobile phone: UN
Three-quarters of people over 10 own a mobile phone: UN
TECHNOLOGY

CTO reviews Orange Egypt’s plan to enhance the quality of company’s services in Egypt

CTO reviews Orange Egypt’s plan to enhance the quality of company’s services in Egypt
CTO reviews Orange Egypt’s plan to enhance the quality of company’s services in Egypt

TRANSPORT & LOGISTICS

TRANSPORT

South Korean truckers' strike cost $1.2bln in lost shipments

South Korean truckers' strike cost $1.2bln in lost shipments
South Korean truckers' strike cost $1.2bln in lost shipments
LOGISTICS

End to record-breaking quarters for carriers: Xeneta

End to record-breaking quarters for carriers: Xeneta
End to record-breaking quarters for carriers: Xeneta
TRANSPORT

No Toll Gate fee, free parking in Abu Dhabi announced during national holidays

No Toll Gate fee, free parking in Abu Dhabi announced during national holidays
No Toll Gate fee, free parking in Abu Dhabi announced during national holidays

TRAVEL & TOURISM

TRAVEL

Thailand receives over 9mln foreign tourist arrivals in Jan-Nov

Thailand receives over 9mln foreign tourist arrivals in Jan-Nov
Thailand receives over 9mln foreign tourist arrivals in Jan-Nov
TOURISM

Saudi: PIF launches new company to transform Aseer into a year-round tourism destination

Saudi: PIF launches new company to transform Aseer into a year-round tourism destination
Saudi: PIF launches new company to transform Aseer into a year-round tourism destination
AIRLINES

Ryanair to buy sustainable fuel from Shell but 2030 target elusive

Ryanair to buy sustainable fuel from Shell but 2030 target elusive
Ryanair to buy sustainable fuel from Shell but 2030 target elusive
ECONOMY

Saudi investment in tourism ‘to benefit whole region’

Saudi investment in tourism ‘to benefit whole region’
Saudi investment in tourism ‘to benefit whole region’

MORE ON BUSINESS

IPO

Saudi Aramco's Luberef expects to raise up to $1.32bln from IPO

Saudi Aramco's Luberef expects to raise up to $1.32bln from IPO
Saudi Aramco's Luberef expects to raise up to $1.32bln from IPO
INFRASTRUCTURE

Stats Group wins big Abu Dhabi subsea pipeline project work

Stats Group wins big Abu Dhabi subsea pipeline project work
Stats Group wins big Abu Dhabi subsea pipeline project work
RENEWABLE ENERGY

Longi signs deal with L&T for two major Saudi solar projects

Longi signs deal with L&T for two major Saudi solar projects
Longi signs deal with L&T for two major Saudi solar projects
ENERGY

GM, LG joint venture to invest $275mln in Tennessee battery cell plant

GM, LG joint venture to invest $275mln in Tennessee battery cell plant
GM, LG joint venture to invest $275mln in Tennessee battery cell plant
EMPLOYMENT

Goldman warns of bonus cuts for traders - Bloomberg News

Goldman warns of bonus cuts for traders - Bloomberg News
Goldman warns of bonus cuts for traders - Bloomberg News
EQUITIES

Saudi: Jahez fully acquires The Chefz for $172.95mln, to raise capital

Saudi: Jahez fully acquires The Chefz for $172.95mln, to raise capital
Saudi: Jahez fully acquires The Chefz for $172.95mln, to raise capital
HEALTHCARE

KACST, Saudi Pfizer to develop vaccines, gene therapies

KACST, Saudi Pfizer to develop vaccines, gene therapies
KACST, Saudi Pfizer to develop vaccines, gene therapies
EQUITIES

Saudi: Sipchem to pay 15% of capital as dividends for H2-22

Saudi: Sipchem to pay 15% of capital as dividends for H2-22
Saudi: Sipchem to pay 15% of capital as dividends for H2-22
ELECTRIC VEHICLE

Saudi electric-vehicle brand Ceer to establish manufacturing site at King Abdullah Economic City

Saudi electric-vehicle brand Ceer to establish manufacturing site at King Abdullah Economic City
Saudi electric-vehicle brand Ceer to establish manufacturing site at King Abdullah Economic City
Read more
MOST READ
1.

Outlook: Global growth in 2023 will be as weak as 2009, IIF says

2.

Saudi Arabia's 2022 GDP set for fastest pace of growth in 11 years

3.

Indian billionaire Mukesh Ambani buys Dubai villa for $163mln

4.

GCC will see $100bln fiscal surplus in 2022 – IMF

5.

Young Africans to drive e-payment growth, embrace cryptocurrency

PICK OF THE DAY

CRYPTOCURRENCY

Young Africans to drive e-payment growth, embrace cryptocurrency

Young Africans to drive e-payment growth, embrace cryptocurrency
Young Africans to drive e-payment growth, embrace cryptocurrency

WORLD CUP MATCH SCHEDULE

MORNING BRIEFING

MORNING BRIEFING

Friday Outlook: Asian shares tentative; dollar wobbles as inflation ebbs

Friday Outlook: Asian shares tentative; dollar wobbles as inflation ebbs
Friday Outlook: Asian shares tentative; dollar wobbles as inflation ebbs
INSIGHTS
1

Chinese developers' offshore creditors eye bargains; cautious on demand

2

Markets sigh with relief after Powell speech, but more turbulence likely ahead

3

China central bank to offer limited, targeted growth support, no bazooka

4

Retailers turn to robots in cost inflation fight

5

From farm to fork... via app: How tech is tackling food waste

THE BRI REPORT

CONSTRUCTION

China is reshaping the Belt and Road Initiative ahead of a post-pandemic era

China is reshaping the Belt and Road Initiative ahead of a post-pandemic era\n
China is reshaping the Belt and Road Initiative ahead of a post-pandemic era\n

ZAWYA COVERAGE

CRYPTOCURRENCY

Young Africans to drive e-payment growth, embrace cryptocurrency

Young Africans to drive e-payment growth, embrace cryptocurrency
Young Africans to drive e-payment growth, embrace cryptocurrency
ECONOMY

Outlook: Global growth in 2023 will be as weak as 2009, IIF says

TRADE

Majority of CEOs believe free trade pact will boost intra-Africa deals

CRYPTOCURRENCY

Crypto exchange FTX invested billions in three Kenya startups: report

LATEST VIDEO

REAL ESTATE

VIDEO: Dubai tycoon Hussain Sajwani’s son bets on $20mln villas, penthouses

VIDEO: Dubai tycoon Hussain Sajwani’s son bets on $20mln villas, penthouses
VIDEO: Dubai tycoon Hussain Sajwani’s son bets on $20mln villas, penthouses
LATEST NEWS
1

OPEC+ agrees no change to oil policy - sources

2

UAE: Daily Covid-19 cases drop to double digits for first time since December 2021

3

Morocco plots another World Cup shock

4

Air pollution hurts Bangladesh GDP as well as health - World Bank

5

OPEC+ heading for no policy change in Sunday talks - sources

SPONSORED CONTENT

INVESTMENT

A multi-sector approach to semiliquid private credit

A multi-sector approach to semiliquid private credit
A multi-sector approach to semiliquid private credit
ECONOMY

PIMCO cyclical outlook: Prevailing under pressure

PIMCO cyclical outlook: Prevailing under pressure
PIMCO cyclical outlook: Prevailing under pressure
FINTECH

iFX EXPO Dubai 2023 media partnership

iFX EXPO Dubai 2023 media partnership
iFX EXPO Dubai 2023 media partnership