How the COVID-19 pandemic is spurring private and family businesses in the Middle East to reinvent the future

The other day I had a video meeting with the newly-appointed Chief Information Officer (CIO) at a family business with operations across the Middle East. His main focus was on developing and growing his new employer’s eCommerce capabilities to capitalise on the region-wide shift – accelerated by the pandemic – towards doing business online.

Our conversation mirrored several trends that I’m now seeing in private and family business clients. Together, these developments mark a defining moment for the region’s privately-owned companies – an inflection point where they’re simultaneously transforming their technology, business models, talent management and governance for the “post COVID-19 world”.

Two waves of mitigations

How are businesses doing all of this? By way of context, private businesses in the Middle East are now in their second wave of actions aimed at mitigating and riding out the impacts of the pandemic.

The first wave focused on short-term cost reduction

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In a changing Middle East, Abraham Accords will usher in new era for technology

Nov 27, 2020

The common threat of Iran, a shared concern over Turkish aggression in the region and the United Arab Emirates’ (UAE) insistence that its decision to normalize ties with Israel prevented annexation in the West Bank are all factors seen as contributing to the signing of the Abraham Accords Aug. 13. To that list one can also add desert farms.

“We are seeing a lot of investments coming from the UAE in agricultural infrastructure and agritech,” Ofer Sachs, CEO of Herzog Strategic Group and former director general of the Israeli Export Institute, told Al-Monitor.

Food security is a major concern for the UAE, which imports over 90% of its food needs, said Ibrahim al-Assil, a former Dubai-based consultant and senior fellow at the Middle East Institute. “Agritech is another area for cooperation between Israel and the UAE, including research, improving infrastructure, production methods and water saving processes. The

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Middle East & Africa Gas Turbine Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Technology, Capacity, and Application

New York, Nov. 26, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Middle East & Africa Gas Turbine Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Technology, Capacity, and Application” – https://www.reportlinker.com/p05989553/?utm_source=GNW

Gas-fired turbines are faster, more efficient, and less polluting than coal-fired and nuclear power plants.High power-to-weight ratio and low operations pressure are among the various advantages associated with these turbines.

Besides, the gas turbines are durable and efficient, and cheaper to install.They exhibit less downtime and functional failure compared to nuclear and coal-driven turbines.

Increasing demand for natural gas-fired power plants, rising concerns regarding greenhouse gas emissions, and stringent government norms have stimulated the demand for gas turbines.Moreover, governments of the countries in this region offer incentives to companies using natural gas-based turbines for power generation.

In several countries, nuclear power stations have been closed due to political pressure which has led

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Middle East & Africa Geosteering Technology Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Product and Application

New York, Nov. 26, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Middle East & Africa Geosteering Technology Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Product and Application” – https://www.reportlinker.com/p05989554/?utm_source=GNW
Geosteering technologies are widely applied for well-placement operations in the oil & gas industry across the MEA.Geosteering gives real-time information in the form of imaging surveys.

This technology provides 2D and 3D terrain projections around the oil reservoir by continuously adjusting the drill head positioned above an oil well.The drill operating team also uses electronic logs and drill cutting operations to identify the paleontological properties and surfaces to be drilled in the field.

For the above processes, geosteering uses different methods, such as logging while drilling (LWD), measurement-while-drilling (MWD), and drive systems.Therefore, increase in demand for accurate real-time information to achieve highest production is expected to escalate the need for geosteering technology due

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Middle East And Africa Airport Security Market Booming By Size, Revenue And Trend In 2020 Scrutinized In New Research

The MarketWatch News Department was not involved in the creation of this content.

Nov 22, 2020 (AmericaNewsHour) —
With the recent wave of ISIS suicide attacks in the Middle East and Africa (MEA), one cannot underestimate the importance of effective airport security in the region.

The Middle East and Africa airport security technologies, industry & markets are going through major shifts. New and maturing sectors and technologies such as Standoff People & Vehicle-borne IED Detection, Cargo Screening, Cybersecurity, Airport Perimeter Security Systems, Automated Border Control Kiosks, and Advanced ICT Technologies create new market niches and fresh business opportunities.

According to the report, the Middle East & Africa market growth is boosted by the following drivers:
The recent wave of ISIS terror attacks across the Middle East and Africa
The region’s air passenger volume growth, especially in Turkey and the Gulf States
Advancements in security infrastructure and screening technologies
The high

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Gulfnet Security Systems Partners with Patriot One as Middle East Reseller

The Company Plans Deployment of the PATSCAN Platform to The UAE and Overall Region

Gulfnet Security Systems (“Gulfnet”) has partnered with Patriot One Technologies (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One”) , developer of the PATSCAN™ Multi-Sensor Threat Detection Platform, to purchase, deploy and service as the Middle East region’s security system integrator.

Gulfnet Security Systems has been servicing the Middle East regions for over 16 years, under a leadership with experience running profitable businesses for 31 years in United Arab Emirates, where the Company will focus its initial PATSCAN Platform sales and deployment effort before expanding to other Middle East countries. The Company’s first deployment of the PATSCAN Platform will be in its own state-of-the-art demo center in its Abu Dhabi Headquarters, where clients from The UAE and the region can travel to see the solution in use. The UAE has been known as a nation of early

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Johnson Controls Launches New Tailored Service Offerings for Remote Building Management across Middle East and Africa

To address the needs of the Middle East & Africa market, the new unique service suite offers flexibility and brings digital capabilities to front line service delivery personnel and customers. These enhanced capabilities allow the remote monitoring and management of a comprehensive range of HVAC, controls and fire under any circumstances, including emergencies and during a pandemic. The new service suite is underpinned by significant investments in cybersecurity by Johnson Controls, which has earned the internationally recognized ISASecure® Secure Development Lifecycle Assurance certification for its product development practices.

“Touchless remote services, flexible infrastructure and focus on sustainability are developing needs in today’s rapidly changing market landscape” said Rolando Furlong vice president and general manager, Middle East and Africa, Johnson Controls. “Our enhanced comprehensive services will deliver superior value to our customers, optimizing operating costs and providing peace of mind.”

The New Flexible Service Suite, Driven by Artificial Intelligence:

By

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Souped-Up Robots Will Soon Be Able To Tell Us What’s Happening In The Middle Of The Ocean

Earlier this week, the National Science Foundation awarded a $53 million grant to a team of institutions in the United States conducting oceanic research. The funds will be used to deploy 500 autonomous sensors that will collect oceanographic data across the world’s oceans, known as the Global Ocean Biogeochemistry Array (GO-BGC Array).

Once deployed, the robots will collect information about the physical, chemical and biological characteristics of the local ocean environment. And, within a day of being collected, the data will be accessible from the robotic float and streaming worldwide. These floats provide additional resolution on complementary data that are aggregated by satellites, but are only able to collect information from the ocean’s surface.

The sensors will also be descending from the ocean surface to

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Middle East and Africa Animal Feed Market Forecast to 2027

The MEA animal feed market is expected to grow from US$ 23,502. 51 million in 2018 to US$ 30,740. 45 million by 2027; it is estimated to grow at a CAGR of 2. 9% from 2019 to 2027. Industrialization of animal farming has led to an increase in the demand for protein-rich animal feed ingredients.

New York, Oct. 28, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Middle East and Africa Animal Feed Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by Form, and Livestock” – https://www.reportlinker.com/p05978866/?utm_source=GNW
Industrial livestock is chiefly fed concentrates made from cereal and vegetable protein, such as soybean meals, to assist them in gaining weight and producing protein-rich meat.

Proteins in animal feeds are an excellent source of energy, minerals (such as calcium and phosphorus), and essential amino acids (such as lysine and methionine).The growing awareness about the benefits of proteins

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Southwest will fill middle seats, cites criticized scientific studies

  • Several studies that suggest flying is safe during the pandemic have come under criticism in recent days.
  • While all evidence suggests the risk of contracting COVID-19 while flying is relatively low, it still appears to be possible.
  • Southwest cited two of the maligned studies in its decision to stop blocking middle seats.
  • Visit Business Insider’s homepage for more stories.

Southwest Airlines said on Thursday that it will stop blocking middle seats on flights, citing several studies that suggested that the risk of catching COVID-19 on a flight is low. 

Southwest joins American and United, leaving Delta the only one of the four biggest US airlines to limit capacity on flights in order to facilitate a degree of social distancing.

Airlines are caught walking a delicate line between providing — and promoting — safety on board, in order to prevent travel demand from collapsing again, and needing to cut costs everywhere

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