News explainers that stood out in 2024
Bluesky vs X, the UAE deluge, Adar Poonawalla’s investment in Karan Johar’s Dharma Productions and more.
December 30, 2024•4 min
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December 30, 2024•4 min
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Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
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The Gulf is getting its own version of the Schengen
A tourist visa initiative, long in the making, is set for a year-end rollout. This could foster new levels of regional cooperation across the GCC.
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What's behind the sudden influx of Chinese firms into the Middle East?
A mix of favourable policies and high-rolling consumers in the Middle East is drawing a wide array of companies to set up shop in the region
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Inside Ferns N Petals’s transformation to succeed in the Middle East
The three-decade-old gifting company has quietly built a substantial and profitable business in the Middle East. Its trajectory holds many lessons for consumer startups aspiring to set up shop in the region.