Blog Posts

As a new wave of technology signals further changes to our lives and the regional ecosystem, how should sectors such as retail adapt?

The global economy is deep into the worst economic crisis of the last 100 years. Across the Middle East and North Africa, the economic outlook is perhaps even more severe than elsewhere, as the region faces unprecedented dual shocks from COVID-19 and the collapse in oil prices. With malls closed and social distancing in place, consumers are simply not spending money like before.

Covid-19 does not recognize borders. Contagion has been evident not only in the transmission of the virus across countries but in the global economic propagation of this health shock on production, consumption and the consequent slowdown in economic activity.

Stakeholder capitalism can help the Mena region bounce back more resilient than ever

Egypt is one of the Middle East’s most powerful transformation stories.

The magnitude, complexity, and socioeconomic impact of the Covid-19 pandemic is only now being fully understood. The ongoing black swan event is, by force, pushing industry leaders to rethink and transform their global supply chain model.

Over the centuries, humans have fundamentally changed the make-up of our planet. Our activities have caused global warming and the destruction of the natural world with farming, mining, and housing driving wildlife out of their natural habitats and into more contact with people. This activity has brought imminent danger to humanity, given that 75% of all emerging infectious diseases come from wildlife.

Life, as most of us know it, has changed. It may not be forever but the shift has been sudden and unexpected, and we are now learning to adapt in the best interest of our families, communities and businesses.

Raising and developing our own talent is vital in an age of 'talentism', writes Mustafa El Rafey, senior vice president of human capital at Majid Al Futthaim Retail.Are you kidding? There’s teeth on the other end!”