Friday 28 April 2017
 
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Millennials

Redesigning retail for the next generation

Just as retailers begin to gain clarity on what makes Millennials tick, a new generation is emerging that widens the digital divide even further. Meet Gen Z: categorized as consumers age 20 and younger. When it comes to digital shopping, they bu

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Ushering in tomorrow's hotel today in the region

A new breed of traveller is already playing a key role in shaping the travel industry in the region - Millennials (aka #GenMobile) - and their influence will continue to strengthen over the next decade, an industry expert has revealed.

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Millennials' interest 'spurs leisure boating sector'

UAE-based Gulf Craft, a manufacturer of luxury yachts and fibreglass boats, said that growing private wealth and marine developments in the country and across the region are combining to create a thriving leisure boating community in Qatar.

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Global diamond market sees moderate growth

The global diamond industry performed moderately well in 2015, led by diamond jewellery retail sales, which grew 3 per cent at constant exchange rates, a report said. However, currency depreciation, as well as slower demand in Chi

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A stressful 2016 tempers optimism among millennials

A turbulent 2016—punctuated by terror attacks in Europe, Brexit, and a contentious US presidential election—appears to have rattled millennials’ confidence, according to Deloitte’s sixth annual Millennial Survey.

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Emirates NBD launches Liv. digital banking

Emirates NBD, a leading bank in the region, today launched Liv., the UAE’s first digital bank targeted at millennials. Liv. is aimed at providing a differentiated digital experience for a new generation of customers, empower

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Millennial appetite for apps ‘driving UAE start-ups’

The insatiable appetite for mobile apps among the UAE’s tech savvy millennials is fuelling the growth of UAE technology start-ups, said Fahad Al Bannai, CEO of the region’s mobility retail giant, axiom telecom. “

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Climate change a real threat, say GCC millennials

A big majority of millennials in the GCC are increasingly concerned about the effects of global warming on the climate and its damaging impact in the future, a new study said. Global warming is seen as a problem for almost all res

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Millennials ‘prefer to use than own a superyacht’

The next generation of UHNWIs (ultra high net worth individuals) will increasingly prioritize experience over possession, said a top official, adding they will still want the use of superyachts, but will be far less interested in owning the asse

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Fintechs to ‘cash in’ on millennial banking needs

GCC financial technology (fintech) start-ups are cashing in on the always-connected banking habits of millennials, industry experts said in the build-up to the Gitex Technology Week, the largest ICT expo in the region. There is a

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