The seemingly incessant buzz surrounding cloud storage and cloud services would indicate that nearly every business has either already made the switch, or is on the brink of doing so. The cloud computing trend has spread rapidly, and garnered the attention of IT professionals worldwide. However, a recent report by the Ponemon Institute shows that…
The fintech revolution is taking hold in the Middle East, and bringing with it a slew of attention-grabbing developments affecting the entire finance industry. Fintech trends have spread from the offices of startups to the hallways of the more established, sedate banking institutions. This is unsurprising, given that what the banking sector needs now more…
Diversifying investment portfolios has always been the key to ensuring a secure financial future. It’s widely believed that the most successful members of any society have upwards of seven sources of income, and that ensuring stability later in life depends on the individual taking the initiative to invest in multiple ventures. Traditionally, the move to…
The transformation of GCC economies, attempting to break from the traditional oil based capital, has been underway for some time. Looking towards a knowledge and technology based portfolio has proven fruitful for a number of countries, particularly within the healthcare sector of the UAE. Healthcare is one of the principle concerns facing the UAE; aging…
UAE’s Mubadala Development Co have announced an investment coalition with the Chinese conglomerate HNA Group, revealing very few details about specific future investments, and leaving much excitement to the imagination. Between the two investor groups, new projects could have access to anything within the $100 billion worth of assets at the disposal of HNA or…
The healthcare system in GCC territories has become a growing concern in recent years. Beyond problems such as a growing population and a higher average lifespan, countries’ such as Saudi Arabia and Qatar have become host to some of the highest rates of chronic lifestyle diseases in the world. In the UAE, diabetes affects 19%…
Investment into smart technology, particularly energy efficient solutions to industrial problems, have become a top priority in bringing forth the prospects of Vision 2030 in the KSA. With a view to bringing more to the kingdom, whilst making changes to ensure better prospects to existing industries, identifying the right technology on which to capitalise is…
Last year, a number of GCC territories made their desire to participate in technology development clear, and now; the world is seeing that desire turn to action. Recent investments and ventures with Southeast Asian partners in particular are driving the move. The relationship between the Middle East and Southeast Asian technology ventures has been building…
The global focus on investing in cleantech approaches to energy, and in turn diverging away from oil and gas, has not been lost on GCC territories with deep roots in traditional industry and infrastructure, such as Saudi Arabia. While there has indeed been a global boom in the number of sites in which sources such…
Europe has always been a rewarding market for investors from the Middle East, especially when it comes to real estate. Certain fields, such as London, are of particular interest. Property values have continued to play the role of a reliable rate of return, perhaps explaining why overseas buyers are estimated to own up to 10%…