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Nadhmi al-Nasr, the long-standing CEO of Saudi Arabia's $500 billion Neom development, has stepped down, according to an announcement from Neom on Tuesday. The statement did not disclose the reasons behind his departure. Neom, a key part of Crown Prince Mohammed bin Salman's Vision 2030 initiative, is one of several...

Bernard Arnault, Europe's wealthiest individual, has initiated a lawsuit against Elon Musk's social media platform X, accusing it of using content from his newspapers without proper payment. The legal case has been launched jointly by Le Parisien and Les Echos, two prominent French daily newspapers owned by Arnault's luxury conglomerate...

People Matter—a phrase that has underscored my journey in business, first as the Group Director of a national physiotherapy group and now as an advisor, investor, and foundation chair. At every stage, I’ve found that the true measure of a company's success often lies less in financial spreadsheets and more...

Let’s look at the other side of the banking world. What’s a crypto bank? Is there such a thing? How do they work, compared to traditional banking institutions? Amina Bank, formerly known as Seba and with offices across the globe, wants to be the bank of choice for crypto innovators...

Global oil prices are anticipated to hover between $70 and $80 per barrel in 2025, remaining consistent with 2024 levels. However, uncertainties around supply persist due to heightened geopolitical risks, according to Russell Hardy, CEO of Vitol, the largest independent oil trading company worldwide. The potential rollback of OPEC+ production...

Shares of Tencent Holdings have soared by 49% over the past year, largely due to a resurgence in China’s gaming industry. This increase propelled chairman and CEO Ma Huateng—also known as Pony Ma—to become the top dollar gainer in China, adding $14.7 billion to his wealth and bringing his net...

Leaders want to be successful, and success is directly correlated with their teams’ effectiveness and output, so a perennial problem lives in the minds of leaders and managers, “how to keep teams engaged and productive?” Engaged with the company and its mission, and productive in making continuous progress toward that...

Technology has always changed the nature of work. The photocopier replaced mimeograph machines, while computers replaced typewriters. Today, technological advances, including generative AI tools, 5G expansion, and quantum computing, are rapidly impacting every industry. To advance, being technology literate is non-negotiable for anyone in a professional role. Get Future Ready ...

Nigeria’s wealthiest individuals, including billionaires Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu, have refined investment strategies that reflect both their acumen and the multifaceted Nigerian economy. UBS data recently highlighted a 19.7% increase in national wealth attributed to these three titans, underscoring their impact on the economy. Key Strategies Nigerian...

Amazon CEO Andy Jassy is working to ease investor concerns regarding the company's substantial investments in generative artificial intelligence (AI), emphasizing the anticipated long-term payoff. During Amazon's third-quarter earnings call, Jassy highlighted the parallels between Amazon Web Services (AWS) and its current AI investments. He referenced AWS’s journey, which, despite...