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Aramco retains MENA’s most valuable brand amid ‘outpacing’ regional growth

Brand Finance CEO David Haigh highlighted Saudia Arabia’s particularly strong performance, saying the Kingdom accounts for $75.5 billion of the region’s total, with five Saudi brands securing places in the top 500. (AFP/File)
Brand Finance CEO David Haigh highlighted Saudia Arabia’s particularly strong performance, saying the Kingdom accounts for $75.5 billion of the region’s total, with five Saudi brands securing places in the top 500. (AFP/File)
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Updated 21 January 2025

Aramco retains MENA’s most valuable brand amid ‘outpacing’ regional growth

Aramco retains MENA’s most valuable brand amid ‘outpacing’ regional growth
  • The Saudi oil and gas giant was valued at $41.7bn, ranking 38th globally, while stc was ranked the strongest brand in the Middle East
  • Among the rest of the region, e& boasts the fastest-growing brand value globally this year, with an eight-fold increase to $15.3bn

LONDON: Aramco has maintained its position as the Middle East and North Africa’s most valuable brand in the Global 500 2025 report by marketing consultation firm Brand Finance, leading the region amid a period of “outpacing” growth for MENA brands.

The Saudi oil and gas giant was valued at $41.7 billion, ranking 38th globally. However, its growth lagged behind regional counterparts, attributed to falling oil prices driven by a surplus that has persisted since the post-COVID-19 spike and Russia’s invasion of Ukraine.

“Middle Eastern brands continue to make their mark on the global stage, with a combined $127.4 billion brand value contribution to the Brand Finance Global 500 2025 ranking,” said David Haigh, chairman and CEO of Brand Finance.

Haigh highlighted Saudia Arabia’s particularly strong performance, saying the Kingdom accounts for $75.5 billion of the region’s total, with five Saudi brands securing places in the top 500.

Every year, Brand Finance evaluates 5,000 major brands, publishing over 100 reports across diverse sectors and countries. The rankings highlight the top 500 most valuable, and strongest, brands in several categories. Various criteria are used to determine brands rated as the strongest, in a type of credit rating, which is then used to determine the most valuable overall.

One of the other Saudi brands in the list, telecom giant stc, was named the ninth most valuable telecoms brand globally and the strongest brand in the Middle East, with a Brand Strength Index score of 88.7/100 and an AAA rating — marking a slight improvement compared to last year and placing it 66th in the global BSI rankings

Stc’s brand value rose by 16 percent, reaching $16.1 billion in 2025, up from $13.9 billion in 2024. This increase secures its position as the third most valuable brand in the region and the leading telecom brand in the Middle East.

The results of this year’s index are “a reflection of our leadership position and relentless pursuit of innovation and excellence,” commented Vice President of Corporate Relations at stc Group Mohammed R. Abaalkheil, who added that the “recognition pushes the group to think ahead to stay ahead.”

Brand Finance attributed stc’s performance to its successful implementation of the Masterbrand strategy, which has expanded the brand into new sectors such as banking, cybersecurity, and B2B IT services. Strategic M&A initiatives have further bolstered its leadership position regionally and internationally.

Abaalkheil added: “As we continue our journey in alignment with ֱ’s Vision 2030, we are committed to driving digital transformation and sustainable growth that impacts not just the region, but the world at large.”

Other Saudi brands in the index, including Al-Rajhi Bank, SNB, and SABIC, also made significant strides. These companies climbed 45, 20, and five spots, respectively, in the global rankings, collectively increasing their brand value by nearly $2 billion.

Outside ֱ, the Abu Dhabi National Oil Co. secured the 105th spot globally, making it the second most valuable MENA brand. ADNOC’s valuation surged 25 percent to $19 billion, the fastest among energy brands, driven by its decarbonization commitments unveiled during the COP28 climate conference in Dubai.

E& (formerly Etisalat) emerged as the world’s fastest-growing brand, with its value soaring eightfold to $15.3 billion, reflecting the success of its three-year rebranding strategy. In comparison, Nvidia has the highest like-for-like growth — 98 percent — making it the second fastest-growing brand value for 2025 thanks to a continued market demand for artificial intelligence chips.

“This year, Middle Eastern brands in the Global 500 ranking achieved a growth rate of 23 percent, more than double that of non-Middle Eastern brands at 11 percent,” said Andrew Campbell, managing director, Brand Finance Middle East. “This underscores the significant progress made by Middle Eastern brands as the region continues to invest in both tangible and intangible assets, committed to diversification beyond the oil and gas sector in the pursuit of global brand recognition.”

Globally, Apple retained its title as the most valuable brand, with its value rising 11 percent to $574.5 billion, despite below-average earnings in the tech sector due to weak Chinese market sales.

TikTok continued its rise, ranking seventh globally, even amid the recent US controversy and temporary bans. Incoming US President Donald Trump delayed the ban for 75 days, allowing TikTok to remain operational in the interim.

In contrast, German automaker Mercedes-Benz was the only brand among the top 25 to lose value, declining by 11 percent due to the sluggish European car market.


WhatsApp ‘concerned’ services to be blocked after Iran calls on citizens to delete app

WhatsApp ‘concerned’ services to be blocked after Iran calls on citizens to delete app
Updated 18 June 2025

WhatsApp ‘concerned’ services to be blocked after Iran calls on citizens to delete app

WhatsApp ‘concerned’ services to be blocked after Iran calls on citizens to delete app
  • Iran state broadcaster urged the public on Tuesday to delete the messaging app from their devices, saying it was sharing data with arch-rival Israel
  • WhatsApp said it does not “provide bulk information to any government”

WASHINGTON: WhatsApp said it was “concerned” that its services would be blocked in Iran after a state broadcaster urged the public to delete the messaging app, saying it was sharing data with arch-rival Israel.
State television IRIB appealed to Iranians on Tuesday to delete WhatsApp from their phones, alleging that the app collected users’ personal data and “last known locations and communications,” and shared them with Israel.
On Wednesday, Israel and Iran exchanged fire for the sixth straight day, with Israel saying it struck a nuclear site near Tehran.
A WhatsApp spokesperson dismissed the IRIB claims, saying all messages sent on the app were “end-to-end encrypted,” with only the sender and recipient able to access them.
“We’re concerned these false reports will be an excuse for our services to be blocked at a time when people need them the most,” the spokesperson told AFP.
“We do not track your precise location, we don’t keep logs of who everyone is messaging and we do not track the personal messages people are sending one another,” they said.
WhatsApp also does not “provide bulk information to any government.”
Israel launched a massive bombing campaign against Iran on Friday that has hit nuclear and military facilities, as well as residential areas.
Iran has responded by launching missiles and drones, and early Wednesday said it had fired hypersonic missiles at Israel.
Tehran announced Friday that it was placing temporary restrictions on the Internet for the duration of the conflict.
Numerous sites and apps have since been at least partially inaccessible.
The authorities appealed to the public on Tuesday to “minimize their use of equipment connected to the Internet and to take appropriate precautions” online.
For their own safety, civil servants and their security teams have been banned from using any connected devices, including smartphones, watches and laptops during the Israeli air offensive.
In the wake of nationwide protests triggered by the 2022 death in custody of Mahsa Amini, Iranian authorities had blocked several apps and online services, including WhatsApp.


All new Facebook videos to be classified as Reels soon, Meta says

All new Facebook videos to be classified as Reels soon, Meta says
Updated 18 June 2025

All new Facebook videos to be classified as Reels soon, Meta says

All new Facebook videos to be classified as Reels soon, Meta says
  • Social media giant said change would simplify how users publish visual content

LONDON: All new videos uploaded on Facebook will soon be classified as Reels, simplifying how users publish visual content, social media giant Meta Platforms said on Tuesday.
The Instagram parent said Reels on Facebook will no longer have length or format restrictions, and include all types of video content — short, long and live.
Previously uploaded video content will remain as such on the platform while videos posted after the change will be classified as Reels. The company will also rename the Video tab as Reels tab.
As part of the update, users will be prompted to confirm their audience setting or select a new one if their feed posts and Reels currently have different settings. The update will also give users access to more creative tools.
Meta said it will gradually roll out these changes globally to profiles and pages over the coming months.


Trump to extend TikTok sale deadline for third time, White House says

Trump to extend TikTok sale deadline for third time, White House says
Updated 18 June 2025

Trump to extend TikTok sale deadline for third time, White House says

Trump to extend TikTok sale deadline for third time, White House says
  • Trump said in May he would extend the June 19 deadline after the app helped him with young voters in the 2024 election

WASHINGTON: US President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the US assets of short video app TikTok for 90 days despite a law that mandated a sale or shutdown absent significant progress, the White House said on Tuesday.

Trump had already twice granted a reprieve from enforcement of a congressionally mandated ban on TikTok that was supposed to take effect in January. “President Trump will sign an additional executive order this week to keep TikTok up and running,” White House press secretary Karoline Leavitt said Tuesday.

That would extend the deadline to mid-September.

“President Trump does not want TikTok to go dark,” she added, saying the administration will spend the next three months making sure the sale closes so that Americans can keep using TikTok with the assurance that their data is safe and secure.

Trump said in May he would extend the June 19 deadline after the app helped him with young voters in the 2024 election.

Earlier on Tuesday, he had told reporters on Air Force One he expected to again extend the deadline.

“Probably, yeah,” Trump said when asked about extending the deadline. “Probably have to get China approval but I think we’ll get it. I think President Xi will ultimately approve it.”

The law required TikTok to stop operating by January 19 unless ByteDance had completed divesting the app’s US assets or demonstrated significant progress toward a sale.

Trump began his second term as president on January 20 and opted not to enforce it. He first extended the deadline to early April, and then again last month to June 19.

In March, Trump said he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans.

A deal had been in the works this spring that would spin off TikTok’s US operations into a new US-based firm and majority-owned and operated by US investors, but it was put on hold after China indicated it would not approve it following Trump’s announcements of steep tariffs on Chinese goods.

Democratic senators argue that Trump has no legal authority to extend the deadline, and suggest that the deal under consideration would not meet legal requirements.


Iran celebrates state TV presenter after Israeli attack

Iran celebrates state TV presenter after Israeli attack
Updated 18 June 2025

Iran celebrates state TV presenter after Israeli attack

Iran celebrates state TV presenter after Israeli attack
  • “This dust you see in the studio...” she began, her finger raised, before being interrupted by the sound of yet another blast

TEHRAN: Facing the camera with a defiant gaze, her index finger raised in the air, Iranian TV presenter Sahar Emami became an icon in her country after an Israeli attack on the state broadcaster.
“What you can see is the flagrant aggression of the Zionist regime against the Islamic Republic of Iran and the Iranian broadcaster,” she said on air Monday as several explosions were heard in the background.
“What you just heard was the sound of an aggressor against the motherland, the sound of an aggressor against truth,” added Emami, who is known for her impactful interviews with government officials.
“This dust you see in the studio...” she began, her finger raised, before being interrupted by the sound of yet another blast.
The journalist, clad in a black chador, rushed out of her seat and disappeared from view.
The destruction in the studio, which quickly filled with smoke and dust, was broadcast live before the transmission was cut.
Emami, who Iranian media say is in her 40s, is a familiar face to viewers in the Islamic republic after some 15 years on air with state television.
She resumed the broadcast just a few minutes after the attack, as if nothing unusual had happened.
The broadcaster’s headquarters in the capital Tehran with its recognizable glass exterior was badly damaged in the fire that broke out as a result of the Israeli attack.
Official media shared images of charred offices and studios no longer usable.
Iranian Foreign Minister Abbas Araghchi on Tuesday denounced Israel’s “cowardice” in striking the state television building, in an attack that the broadcaster said killed three people.
“The attack against the Iranian broadcaster demonstrates the Israelis’ desperation,” Araghchi said.
Conservative newspaper Farhikhtegan said on its front page on Tuesday: “Female journalist’s resistance until the last moment sends a clear message.”
Ultraconservative publication Kayhan said: “The courage of the lioness presenter surprised friends and foes.”
The government put up a banner in Tehran’s central Vali-Asr Square honoring Emami, showing her image paired with a verse from the Persian poet Ferdowsi that celebrated the courage of women “on the battlefield.”
The state broadcaster has aired the clip of Emami during Monday’s attacks multiple times since then, celebrating its presenter.
State TV meanwhile mocked a reporter for the London-based Iran International TV, which is critical of the Iranian government.
In footage from a live broadcast, the reporter in Israel is seen rushing to a bomb shelter after warnings of incoming missiles from Iran.
 

 


Iran asks its people to delete WhatsApp from their devices

Iran asks its people to delete WhatsApp from their devices
Updated 18 June 2025

Iran asks its people to delete WhatsApp from their devices

Iran asks its people to delete WhatsApp from their devices
  • Iran has blocked access to various social media platforms over the years but many people in the country use proxies and virtual private networks, or VPNs, to access them

Iranian state television on Tuesday afternoon urged the country’s public to remove the messaging platform WhatsApp from their smartphones, alleging the app — without offering specific evidence — gathered user information to send to Israel.
In a statement, WhatsApp said it was “concerned these false reports will be an excuse for our services to be blocked at a time when people need them the most.” WhatsApp uses end-to-end encryption, meaning a service provider in the middle can’t read a message.
“We do not track your precise location, we don’t keep logs of who everyone is messaging and we do not track the personal messages people are sending one another,” it added. “We do not provide bulk information to any government.”
End-to-end encryption means that messages are scrambled so that only the sender and recipient can see them. If anyone else intercepts the message, all they will see is a garble that can’t be unscrambled without the key.
Gregory Falco, an assistant professor of engineering at Cornell University and cybersecurity expert, said it’s been demonstrated that it’s possible to understand metadata about WhatsApp that does not get encrypted.
“So you can understand things about how people are using the app and that’s been a consistent issue where people have not been interested in engaging with WhatsApp for that (reason),” he said.
Another issue is data sovereignty, Falco added, where data centers hosting WhatsApp data from a certain country are not necessarily located in that country. It’s more than feasible, for instance, that WhatsApp’s data from Iran is not hosted in Iran.
“Countries need to house their data in-country and process the data in-country with their own algorithms. Because it’s really hard increasingly to trust the global network of data infrastructure,” he said.
WhatsApp is owned by Meta Platforms, the parent company of Facebook and Instagram.
Iran has blocked access to various social media platforms over the years but many people in the country use proxies and virtual private networks, or VPNs, to access them. It banned WhatsApp and Google Play in 2022 during mass protests against the government over the death of a woman held by the country’s morality police. That ban was lifted late last year.
WhatsApp had been one of Iran’s most popular messaging apps besides Instagram and Telegram.