Author: Arabian Media staff
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Louise Broekman, founding director of the Advisory Board Centre/Image: Supplied Across the Gulf, a quiet governance revolution is taking shape. Family businesses, sovereign investment entities, and corporates are rapidly adopting advisory board frameworks to bring transparency, accountability, and strategic clarity to decision-making. According to Louise Broekman, founding director of the Advisory Board Centre, the pace of this transformation is faster in the GCC than anywhere else. “While Europe has a long history of advisory boards, they are now gaining significant traction in the GCC,” Broekman said. “The GCC is a region with enormous ambition for the future, and big projects…
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Image: Getty Images Egypt raised prices on a wide range of fuel products on Friday, the country’s official gazette said, marking the second increase this year, in line with government policies to reduce subsidies and ease a budget deficit. The increases of 10.5 per cent to 12.9 per cent on a wide range of petroleum products followed a hike of nearly 15 per cent in April. Egypt’s petroleum ministry said the government would freeze domestic fuel prices for at least a year after Friday’s rise, citing local, regional and global developments. The ministry added that the petroleum sector would continue…
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Image credit: Getty Images In a significant regulatory move, the Ministry of Municipal and Rural Affairs and Housing has announced updated penalties for landlords who illegally subdivide buildings in violation of their original permits. As per the revised regulations, fines ranging between SAR5,000 and SAR25,000 will be imposed on violators. In addition, landlords will be obligated to remove the unauthorised modifications at their own expense. The updated penalties are part of the ministry’s broader efforts to regulate the urban environment, ensure structural safety, and enforce municipal regulations and licensing requirements, a Saudi Gazette report said. Read more-Foreigners owning property in…
Ras Al Khaimah Economic Zone (RAKEZ) continued its strong growth trajectory in 2025, welcoming more than 3,490 new companies in the third quarter alone — a performance that underlines its growing appeal to entrepreneurs, SMEs, and multinational corporations. The milestone reinforces RAKEZ’s position as a key contributor to Ras Al Khaimah’s economic diversification and GDP growth, reflecting both investor confidence and the emirate’s expanding global business footprint. Ramy Jallad, Group CEO of RAKEZ, said: “Q3 has reinforced what we have seen throughout the year, strong investor confidence in RAKEZ as a launchpad for success. RAKEZ growth “We are witnessing growth…
Emad Haffar, head of technical experts for the Middle East, Turkiye and Africa at Kaspersky/Image: Supplied Cyber threats across the GCC are becoming more frequent and sophisticated, driven by the region’s rapid digital transformation and expanding infrastructure. Kaspersky’s latest regional intelligence reveals sharp increases in password stealers and spyware, underscoring the urgent need for cybersecurity models that are proactive, not reactive. At GITEX Global 2025, Emad Haffar, head of technical experts for the Middle East, Turkiye and Africa at Kaspersky, outlined how the company’s Cyber Immunity framework and KasperskyOS are designed to help enterprises build resilience from the ground up.…
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