Category: Talking Point

Setting the day’s agenda for conversation

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Companies in the UAE are turning to an array of enticing benefits, including signing bonuses, golden visas, and comprehensive wellness packages, to attract and retain talent in a competitive labour market. The post-pandemic period has seen a marked shift in hiring strategies, with firms offering enhanced perks to maintain a workforce that can thrive in a rapidly changing global economy. This growing trend reflects the UAE's broader push to secure a leading position in the global race for talent.Golden visas,

The UAE's civil aviation sector has demonstrated significant growth in the first half of 2025, with key indicators such as passenger traffic, air cargo volumes, and air traffic movements all showing notable increases. Airports across the nation welcomed 75.4 million passengers during this period, marking a 5% rise from the 71.7 million recorded in the same timeframe the previous year. January was the busiest month, with over 13.7 million travelers passing through UAE airports.National carriers have been instrumental in this

Gold’s upward trajectory in the UAE is reshaping consumer behaviour, with rising prices shifting the market’s balance away from traditional jewellery purchases toward more affordable and strategic alternatives. Demand for ornamental gold continues to wane even as the metal remains highly prized for investment.Gold jewellery sales across the UAE plunged to their lowest in over two years during April to June 2025, at 7.7 tonnes—down 16 per cent compared with the same period in 2024. This marks a continuation from

The buzz surrounding the upcoming release of GPT-5, the latest iteration of OpenAI's language model, has intensified. While rumours have been rife, the reality surpasses expectations. GPT-5 promises not only to refine existing capabilities but also to address common glitches and limitations that have plagued its predecessors. These improvements are expected to revolutionise how AI interacts with users across various sectors, including journalism, business, healthcare, and more.GPT-5 builds on the foundation laid by GPT-4, which made impressive strides in natural

Oil prices ended the week with significant losses, influenced by the latest round of US tariffs and the mounting anticipation surrounding US-Russia discussions on a ceasefire for the ongoing Ukraine conflict. Both major oil benchmarks, Brent and West Texas Intermediate, saw considerable weekly declines, with Brent recording a 4.4 per cent drop and WTI losing over 5 per cent.On Friday, Brent crude, which represents the global benchmark for oil, closed at $66.59 per barrel, marking a modest 0.24 per cent

Adnoc Gas has entered into a strategic partnership with Hindustan Petroleum Corporation Limited for the supply of liquefied natural gas over the next decade. The Heads of Agreement signed between the two companies commits Adnoc Gas to deliver 0.5 million metric tonnes per annum of LNG to HPCL for a 10-year term, further enhancing its presence in the high-demand Asian LNG market.This deal not only signifies a key step in expanding Adnoc Gas’ footprint but also solidifies

ADNOC Distribution has posted a robust 12% increase in net profit for the first half of 2025, reflecting solid growth across its key sectors. The UAE's largest fuel distributor achieved its highest-ever fuel volumes during this period, with 7.62 billion litres sold, marking a 5.6% year-on-year rise.The company has shown a significant recovery from global market fluctuations, continuing to benefit from its diversified portfolio. The performance has also been boosted by the growing demand for non-fuel retail services, which saw

Loan growth among the largest banks in the Gulf Cooperation Council region surged in the second quarter of 2025, driven by a combination of lowered interest rates and an optimistic economic outlook. Saudi Arabia's Al Rajhi Banking & Investment Corp. posted the most significant growth, outpacing its competitors with a 19.31 per cent year-on-year rise, compared to 7.37 per cent in the previous year. This marked acceleration highlights the robust demand for credit in the region, bolstered by the

A major economic migration is shaping the global landscape, with the UAE emerging as a primary destination for millionaires seeking new opportunities. In 2025, projections indicate that over 140,000 affluent individuals will relocate across borders, and the UAE is set to capture a substantial portion of this wealth migration. Among the largest share of the 142,000 millionaires relocating worldwide, the UAE is expected to see 9,800 of them, carrying with them around $63bn in investable wealth.The phenomenon, dubbed the "Great

Dubai has seen a marked surge in its real estate sector in 2025, with 24 major property projects completed in the first half of the year. These developments, worth a combined Dh4.5 billion, are part of a wider trend that reflects the city's growing demand for residential units and integrated communities. According to the Dubai Land Department, there are currently 726 active projects under construction across the emirate, highlighting the rapid pace at which Dubai's real estate market is evolving.The

Travelers at Dubai International Airport could soon experience a major shift in security procedures, as plans are underway to remove the requirement for passengers to remove liquids and laptops from their bags before screening. The anticipated change aims to enhance efficiency and streamline the airport experience while maintaining high security standards.This move, still in its pilot phase, is part of a broader global trend where airports are exploring ways to reduce the burden on passengers and expedite the check-in process.

Abu Dhabi Police General Headquarters has entered into a landmark agreement with the AI firm Presight, aiming to revolutionise policing and public safety through the deployment of cutting-edge artificial intelligence technologies. The strategic collaboration will see Presight’s AI-Policing Suite, which includes generative AI, AI agents, and advanced data analytics, integrated into the police force’s existing operational systems. The initiative promises to enhance crime prevention, optimise emergency response efforts, and provide a technological foundation for the development of AI-enabled smart cities

Jay Patel, a commodities and currency trader, has a unique approach to market analysis. While many financial analysts begin their day by reviewing earnings reports and tracking macroeconomic trends, Patel looks to the cosmos for guidance. A 43-year-old veteran in the financial sector, Patel blends traditional market analysis with astrology, believing planetary movements and moon cycles play a crucial role in predicting market behaviours.“I watch the markets as much as I do the stars,” Patel says. “Mercury governs when to

A private island off the coast of Tanzania is now a key player in the rising tide of Africa’s luxury tourism market. Offering guests an exclusive experience that includes a $50,000-a-night villa, catamaran, and helicopter transfers within a protected marine reserve, the island is a symbol of the growing appeal of African luxury destinations.Operated by Jumeirah Group LLC, part of the Dubai ruler’s business empire, the resort epitomises the global surge of investment into Africa’s high-end hospitality sector. This surge

DP World Trade Finance has crossed the $1 billion threshold in working capital provided to businesses in emerging markets, marking a significant milestone just four years after launching its integrated logistics-finance platform. The achievement reflects growing momentum behind digital trade finance solutions aimed at bridging the $2.5 trillion global trade finance gap, which continues to weigh heavily on small and medium-sized enterprises in developing economies.The platform, operated by Dubai-headquartered DP World, leverages its international logistics network to offer businesses easier

Global crude consumption is now cresting in the third quarter rather than the fourth, as China and India’s surging summer demand upends decades of winter-driven market patterns. The reversal of the traditional seasonality, first observed around 2015, is being amplified in 2025, with implications for supply strategies, prices and refinery operations worldwide.OPEC's July report highlights strong refinery throughput in June, with intake rising by 2.1 million bpd—clear evidence of robust travel-season fuel consumption in the Northern Hemisphere. Concurrently, China’s major state refiners

dnata has introduced six autonomous electric baggage tractors at Dubai World Central – Al Maktoum International Airport, marking a pioneering shift in airport ground operations. The EZTow tractors, designed by TractEasy, tow up to four baggage containers at speeds near 15 km/h, operating at Level 3 autonomy under limited human oversight. By early 2026 the system is set to upgrade to Level 4 self-driving capability. The AED 6 million rollout seeks to enhance efficiency, safety, and allow staff to be redeployed to complex tasks.This deployment

Abu Dhabi’s property scene is riding a wave of investor interest and stable growth during the first half of 2025, underpinned by strong infrastructure development and pro-investor policies, according to a fresh analysis by Bayut. Listing prices surged across all segments, rental yields reached double digits in many areas, and transaction volumes remain robust, fueling the capital’s appeal as a reliable investment destination.Listing figures show affordable apartments climbed by up to 7 percent, while villas in the same category surged by

Saudi Arabia has attracted SR3.2 billion in venture capital funding for startups during the first half of 2025, overtaking the Kingdom’s total VC investment for the whole of 2024. MAGNiTT data show Saudi accounted for 56 per cent of all VC inflows into the Middle East and North Africa region in that period.Investor confidence in the Kingdom is heightened by its alignment with Vision 2030 reforms and concerted government backing. The 114 venture capital deals completed in H1 represent a record for Saudi

Abu Dhabi National Oil Company’s subsidiary ADNOC Gas Plc has signed a three‑year agreement to deliver 0.7 million tonnes of liquefied natural gas to Germany’s state‑owned SEFE Securing Energy for Europe. Valued at AED 1.5 billion, the contract begins this summer and sees LNG shipped from the Das Island facility.The arrangement builds upon a long‑term contract established last year between the two companies, offering SEFE greater flexibility to dispatch the volumes across multiple European markets. For ADNOC Gas, it underscores ambitions to

Dubai Electricity and Water Authority has accelerated its implementation of artificial intelligence across its energy distribution network, marking a pivotal moment in its broader digital transformation agenda. This strategic push harnesses AI to elevate operational efficiency, boost service reliability, and enhance customer experience in alignment with Dubai’s ambitious smart city vision.At the heart of this effort is DEWA’s Distribution Network Smart Centre, which processes over 15 million data points daily. Leveraging big data, machine learning, and AI analytics, the

Sharjah’s Real Estate Registration Department has unveiled an upgraded version of its official website, signalling a significant milestone in its digital transformation agenda. The streamlined platform aims to improve delivery of services and create an intuitive, integrated online hub for a diverse user base across the emirate.Designed with a contemporary, interactive interface, the site aligns with Sharjah Government’s directive to offer smart, high‑efficiency services. Investors, developers, homeowners’ associations, individuals, banks and government entities can now access tailored services with enhanced

Major technology firms and start‑ups are racing to adopt the Model Context Protocol, the open‑source standard that streamlines communication between large language models and external tools. Since its debut in November 2024, Anthropic’s creation has gained swift endorsement from OpenAI, Google DeepMind, Microsoft and others and is now being adopted to power the next wave of agent‑based AI. However, the protocol’s rapid integration has exposed serious vulnerabilities—forcing organisations to navigate an uneasy balance between innovation and risk.Promising seamless interoperability, MCP

MENA region investment banking fees declined 2 per cent year‑on‑year in the first half of 2025, falling to US$773.7 million, the third‑highest H1 tally since 2000, according to London Stock Exchange Group’s Deals Intelligence data. The dip occurred amid an environment of oil‑price volatility, geopolitical fragmentation and escalating global trade tensions.Debt capital markets underwriting emerged as the growth engine, with related fees rising 20 per cent to US$278.9 million. However, the dampened performance in equity capital markets overshadowed gains in debt. Equity underwriting

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