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May 22, 2024 | 
trendsmena.com | Marcelle Mohamed
Venkatasubramanian (Subbu) Hariharan is the Managing Director of Canon Middle East and Turkey, has played an important role in shaping the trends in imaging and print operations that are steering the industry towards a sustainable future. In an exclusive interview with TRENDS, Hariharan highlighted the company’s commitment to the circular economy, renewable energy sources, and eco-label certifications as critical drivers in achieving sustainability goals.
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May 3, 2024 | 
trendsmena.com | Marcelle Mohamed
Riyadh, Saudi Arabia – The winds of change are sweeping through the Kingdom of Saudi Arabia. As the nation strives to diversify its economy and transition towards a knowledge-based future, a new sector is poised for explosive growth: biotechnology and genomics. A recent Arthur D. Little (ADL) Middle East analysis projects a double-digit growth and a trajectory that could reinforce Saudi Arabia as a major player in the global biotech landscape.
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Apr 30, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE – Like any other financial landscape, the cryptocurrency market experiences periods of boom and bust.
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Apr 28, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE — Despite the ambitious net-zero GCC oil companies targets, GCC oil companies appear relatively unfazed, at least for the immediate future, showcasing their resilience in the face of change, according to a report. A recent report by S&P Global Ratings, titled “Net-Zero Targets Leave GCC Oil Companies Unperturbed For Now,” illuminates how national oil companies (NOCs) in the region are handling the preparing to meet the challenge.
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Apr 27, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE – The industrial sector is the backbone of a nation’s economy. It fuels growth, innovation, and ultimately, societal well-being. But what happens when the flow of essential materials and components gets disrupted? This is the question a new report by Oliver Wyman, a global management consulting firm, asks about the Gulf Cooperation Council (GCC) countries.
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Apr 25, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE – The Middle East and North Africa region faces a growing challenge: a significant rise in government debt relative to their economies. According to a recent World Bank report titled “Economic Update in the Middle East and North Africa,” the debt-to-GDP ratio in the region has increased by over 23 percent in the past six years, translating to an average annual increase of roughly 4 percent. This trend is concerning not just for the MENA region but for the global economic landscape.
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Apr 24, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE — The luxury automotive industry is witnessing a transformative era, particularly within the Arab world, where the confluence of opulence, innovation, and a burgeoning interest in sustainability is redefining consumer expectations and brand strategies. Audi, a vanguard of the high-end auto market, continues to set benchmarks with its forward-looking approaches and premium offerings.
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Apr 23, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE – The machinery and equipment industry is at a crossroads. While it has traditionally been a pillar of global manufacturing, recent years have seen a growing emphasis on digitalization, sustainability, and innovation. Bain & Company’s “Global Machinery & Equipment Report 2024” delves into these critical trends, offering valuable insights and a roadmap for companies seeking to navigate this dynamic landscape.
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Apr 18, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE — Sovereign Sukuk, a financial instrument rooted in Islamic finance principles, has become a prominent tool for governments to raise capital, a report said. The report by A&M Sovereign Advisory Services, “Embracing Sovereign Sukuk: Demystifying Sharia-Compliant Sovereign Finance,” said the sovereign sukuk was dominant within the overall sukuk market, boasting a value of around US$ 400 billion.
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Apr 17, 2024 | 
trendsmena.com | Marcelle Mohamed
Dubai, UAE–Crypto may have lost some of its sparkle elsewhere, but in the MENA region it has gained a wide acceptance among the young population. The region, with the Gulf Cooperation Council (GCC) at its forefront, has emerged as the sixth-largest crypto economy globally, according to Chainalysis’ “Geography of Cryptocurrency” report. This translates to a staggering US$389.8 billion in on-chain transaction value received between July 2022 and June 2023.
