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Economic News

Will the “second wave” of mergers and acquisitions in GCC banking continue to gather pace?
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– A first wave of M&A in GCC banking was prompted by the 2014 oil price crash – The coronavirus pandemic has given rise to the start of a second wave – Saudi Arabia and Qatar have seen major tie-ups finalised in recent months – Covid-19 fallout and an excess of smaller banks will prompt further consolidation More than a year after the initial onset of the coronavirus pandemic, the…

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Qatar Economy

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Qatar

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Covid Response Report

Crisis management: How are CEOs responding to the pandemic?

The Covid-19 pandemic that spread quickly around the world after emerging in the city of Wuhan in December 2019 has been hard for many and extremely tragic for some. There are currently over 26.5m cases worldwide and almost 900,000 people have succumbed to the virus. Unofficially both figures are expected to be much higher, with the lack of testing and diagnosis in some parts of the world preventing…
Economic News

Covid-19 and Gulf higher education: are e-learning solutions here to stay?
OBG
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– Many educational institutions turned to remote learning during the pandemic – Digital solutions have in many cases become permanent features – Institutions are adopting hybrid models that blend remote and in-person learning – Significant investment and ICT infrastructure is essential for the digital transition After rising to the challenge of the pandemic early last year, educational…
Economic View

Abdulwahab Al Sadoun, Secretary-General, Gulf Petrochemicals and Chemicals Association (GPCA)

On the industry’s role in the GCC’s economic diversification How has the GCC petrochemical industry been affected by the Covid-19 pandemic? ABDULWAHAB AL SADOUN: The health crisis had a significant effect on the petrochemical industry. In the first half of 2020 demand collapsed and prices plunged, a challenge compounded by supply chain disruptions related to the closure of…
Economic News

Omnichannel: the new face of Qatari retail?
OBG
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– The pandemic prompted a massive increase in online distribution – Brick-and-mortar retail stores remain popular despite capacity restrictions – Retail businesses have adopted a blended, omnichannel approach – Malls are increasing their emphasis on entertainment offerings In Qatar, retailers that have successfully weathered the Covid-19 pandemic are now committed to a blended,…
Economic News

Can higher education institutions shape the Gulf’s post-Covid-19 economy?
OBG
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– Higher education institutions were quickto innovate following the outbreak of the virus – Universities are adapting courses to suit national needs – ICT has emerged as a key focus area for students, governments and the private sector alike – Following significant investment, the UAE’s space programme recorded positive results in 2020 As Gulf countries look to rebound from…
Economic View

Ahmad Hasnah, President, Hamad Bin Khalifa University (HBKU)

On the post-pandemic environment for higher education To what extent was HBKU prepared to mitigate the risks and capitalise on the opportunities arising from the pandemic? AHMAD HASNAH: 2020 was an interesting and challenging year. It served to expedite the adoption of innovation in higher education, such as implementing remote learning, which had long been on our radar; the necessary infrastructure…
Covid Response Report

Report: What does pandemic-driven digitalisation mean for health care in the MENA region?

Faced with a significant rise in demand for health care services during the pandemic, technology has proven to be a useful tool in overcoming the capacity limits of health care facilities in Egypt, Saudi Arabia, Jordan and the UAE. This report looks at how each of these markets reacted to the pandemic in its initial stages, the role of digital health services in improving access to information and…