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Gulf FMCG markets surge: UAE grows 4.1%, Saudi 1.8% in Q3 …
Dec 11, 2024 · The report also revealed nuanced differences in consumer behaviour across both markets. “Despite high promotion sensitivity in both regions, UAE shoppers demonstrate notably stronger brand loyalty compared to their KSA counterparts, actively seeking promotions for their preferred brands,” Neilsen said. It said Saudi Arabia has seen a significant increase in FMCG promotions year-over-year ...
UAE SME sector set for major boost as no-code platforms drive ...
Dec 3, 2024 · A new breed of tech innovators is set to revolutionise the small and medium scale (SME) sector companies in the UAE and the wider MENA region, with their no-code platforms empowering companies to innovate business models and operations without requiring technical teams, leading to massive reductions in operational costs.
Saudi Arabia’s bid to host FIFA World Cup 2034 gets record-backing
Dec 1, 2024 · Saudi Arabia FIFA World Cup 2034. As part of the bidding process, FIFA conducted an inspection visit in October to review the details of Saudi Arabia’s bid, where officials visited proposed host cities, stadiums, and facilities across the tournament footprint.
UAE, Saudi Arabia forecasted for strong credit growth in 2025: …
Dec 10, 2024 · Overall, banks across the Middle East are forecast to have a “neutral” outlook as economic conditions improve across the region. Nearly two-thirds of Fitch-assigned Issuer Default Ratings (IDRs) for regional lenders are investment grade, mainly due to sovereign backing, as well as creditworthiness.
Saudi Venture Capital invests in UAE private equity Aliph Capital
Dec 5, 2024 · Dr. Nabeel Koshak, CEO and Board Member at SVC commented: “Our investment in the private equity fund by Aliph Capital is part of SVC’s ‘Investment in Funds Program’, in alignment with our strategy to support funds that invest in …
Saudi and Chinese investors look to healthcare and biotech …
Dec 5, 2024 · The Saudi-Chinese Business Council Forum, attended by Minister of Health Fahad Al Jalajel, has convened to focus on boosting economic collaboration in key sectors, highlighting healthcare, biotechnology, and foreign and private investments to support the goals of Saudi Vision 2030.. The event brought together 25 citizen and 30 Chinese investors to bolster trade and investment opportunities in ...
UAE set to introduce new tax on January 1 - Arabian Business
Dec 9, 2024 · The UAE Ministry of Finance has announced updates in relation to certain provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses.. These amendments include the introduction of a new tax as well as incentives to support growth and innovation.
Asset manager Polen Capital to open Abu Dhabi office in Mideast ...
Dec 9, 2024 · Posted in Banking & Finance, Latest News, UAE Asset manager Polen Capital to open Abu Dhabi office in Mideast expansion push . The US major, with around $63 billion in assets under management as of September 30, will join global asset managers and hedge funds in establishing a presence in ADGM
Future Sustainability Summit 2024 in Dubai - Arabian Business
Dec 5, 2024 · The UAE’s Net Zero agenda is a long-term plan aiming to achieve the sustainable development goals within the country. As a result, sustainable finance has been gaining momentum evidenced by the growth in green bond issuance, implementation of key international and regional projects to foster sustainability and other …