Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI, says an HSBC study.
With all that is going on in the region, July might feel like a lifetime away. And so, when it comes to the UAE’s eInvoicing mandate, many organisations will be tempted to wait, perhaps even hope for a soft landing or informal grace period, as has been seen with previous regulatory changes.
For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy.
Dubai’s residential market is unlikely to move uniformly in the months ahead, with price softening expected across the board but with significant variation by property type and community, says an expert.
Sudan is emerging as an unlikely economic beneficiary of the geopolitical upheaval triggered by the Israel-US war on Iran, as disruptions in the Strait of Hormuz force Gulf states to rethink supply chains and food security strategies now more than ever, according to an industry expert.
The US-Iran face-off is the single biggest variable across every asset class - from oil to equities - meaning investors should be bracing for a volatile few days ahead, said an expert. Oil remains at the centre of every market move right now with both crude and brent up over 80% YTD.
Even as AI spending surges, few banks have established the necessary governance and guardrails – and nearly half misjudge their own AI readiness, says a study.
The Gulf’s business community remained resilient in March, with new data from Sovereign PPG Corporate Services revealing that company formation and structuring accounted for 55% of all its client activity in March, up from 42% in January and 48% in February, highlighting sustained confidence despite ongoing regional tensions.
Teachers have warned that the rapid adoption of AI is reshaping how students learn, eroding basic skills like writing, spelling, problem-solving, and critical thinking, while raising questions about motivation, human interaction, and equity, a new report says.
Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
