Author: Arabian Media staff
Image credit: WAM/Website Airbus has unveiled its Global Market Forecast 2025 for the region, spotlighting the Middle East as one of the fastest-growing aviation markets over the next two decades. According to the forecast, the region’s in-service fleet is set to surge from 1,480 aircraft in 2024 to 3,700 by 2044, underscoring a dramatic expansion driven by rising travel demand, economic strength and the region’s strategic geographic position. Airbus projects the Middle East will require 4,080 new passenger aircraft deliveries over the next 20 years. This will comprise 2,380 single-aisle jets and 1,700 widebody aircraft, the WAM report noted. Read…
Image: Getty Images/ For illustrative purposes Eighty six per cent of Middle Eastern companies say they already have a reinvention strategy in place and 82 per cent have accelerated their efforts over the past year, but only 9 per cent are progressing at scale, according to a new Accenture report. The study, Building tomorrow’s economies: How generative AI will reinvent business in the Middle East, examines how organisations across the region are responding to the impact of generative AI and the broader shift toward digital competitiveness. Accenture found that 76 per cent of business leaders believe generative AI could raise…
Images: Supplied Few destinations have rewritten their story as confidently as AlUla. Once known mainly to archaeologists and adventure seekers, it has become one of Saudi Arabia’s clearest examples of how tourism can be built with intention rather than speed. In this conversation with Gulf Business, Phillip Jones, chief tourism officer at the Royal Commission for AlUla, breaks down how the destination is influencing the kingdom’s tourism momentum and its model that blends conservation, community, and culture into a single vision. Saudi Arabia is leading global tourism spending growth, and AlUla is often cited as a model for purposeful tourism.…
Image: Supplied The Middle East is entering a defining moment in its economic history. By 2030, an estimated $1tn in GCC-controlled wealth will be passed from one generation to the next. Yet, this transition is not only about transferring capital. It represents a shift in how families across the region think about prosperity, purpose, and legacy. In my work with families across the Gulf, I have seen how this generational shift is reshaping the very meaning of wealth. The next generation is proud of what their parents and grandparents built, but they also want to take that foundation further. While…
Image: Dubai Media Office The Dubai Airshow opens on November 17, with organisers expecting the largest edition in its history as global aerospace and defence companies gather to showcase new technologies and outline industry priorities. The five-day event at Dubai World Central features more than 1,500 exhibitors, including 440 newcomers, and is expected to draw 148,000 trade visitors and 490 military and civil delegations from 115 countries, organisers said. The 19th edition, which concludes on November 21, includes 21 national pavilions, 98 chalets and 8,000 square metres of additional exhibition space, alongside 120 startups and 50 investors. More than 200…
Image: Supplied Mastercard is taking another step toward bridging traditional finance and Web3. Through an expanded partnership with Circle, the payments giant will enable acquirers and merchants across Eastern Europe, the Middle East, and Africa (EEMEA) to settle transactions in USDC and EURC, marking a major move toward integrating stablecoins into mainstream commerce. Here, Prakriti Singh, EVP, Core Payments, EEMEA, Mastercard outlines how the initiative could reshape cross-border payments, remittances, and digital trade while positioning the company at the forefront of the shift to tokenised money. What does this expanded partnership with Circle mean for Mastercard in EEMEA, and how…
Image: Supplied In a world obsessed with constant output, Dr Elie Abirached, the well-known longevity and healthy ageing strategist, Harvard Alum and creator of Limitless Human, argues that the secret to long-term performance isn’t harder work — it’s smarter recovery. His new book, also titled Limitless Human, translates elite performance principles for a broader audience, challenges conventional narratives around health, wellbeing, and executive success. From sleep and nutrition to cognitive optimisation and periodised stress, Dr Abirached outlines how leaders and athletes alike can sustain peak function over time, proving that longevity isn’t just about adding years, but preserving quality, clarity,…
Image credit: Dubai Media Office/Website Dubai set a new global benchmark in advanced transportation with the successful completion of the first-ever crewed electric vertical take-off and landing (eVTOL) aerial taxi flight between two distinct points in the UAE. The achievement, accomplished by the Roads and Transport Authority (RTA) in partnership with Joby Aviation, underscores the emirate’s accelerating ambition to become the world’s leading hub for innovative, sustainable, and future-ready mobility solutions. The pioneering electric aerial taxi flight departed from the Dubai Jetman Helipad in Margham and landed 17 minutes later at Al Maktoum International Airport (Dubai World Central). Coinciding with…
Image: Supplied Dubai is a magnet for founders. Ask any entrepreneur why they chose this city, and you’ll hear the same words: opportunity, access, ambition. With its transparent regulations, world-class infrastructure, and gateway to regional markets, Dubai is built for business. But here’s the twist: while the runway is long, many international ventures still stall before take-off. The reason? It’s not the market; it’s the model. Vision versus structure Founders who land in Dubai are often visionaries. They’re brilliant at spotting opportunity, building relationships, and moving fast. That energy drives market entry, but it doesn’t always sustain growth. We’ve seen…
JPMorgan Chase says it’s been billed a total of $142 million in legal fees for the defense of Charlie Javice and Olivier Amar, respectively the founder and chief marketing officer at financial aid startup Frank. JPMorgan acquired Frank for $175 million in 2021, but earlier thai year, Javice and Amar were found guilty earlier of defrauding the bank by inflating Frank’s customer count, with Javice sentenced to seven years in prison. JPMorgan is now seeking to overturn a judge’s order requiring the bank to pay the pair’s legal fees, as reported in The Wall Street Journal. Michael Pittinger, a lawyer…