SpaceX launched two Falcon 9 rockets from opposite US coasts just 38 minutes apart on Saturday, setting a new launch...
Dubai, UAE -- Kuwait's consumer price index (CPI), a key measure of inflation, increased by 2.19% year-on-year at the end...
Dubai, UAE -- Global cereal production is expected to decline by 2% in the 2026/27 season to 2.982 billion tons,...Record 2025/26 harvests helped build global cereal inventories despite forecasts of tighter supplies in the coming season.
Lower wheat and barley trade volumes are expected to offset stronger maize and rice shipments worldwide.
Dubai, UAE -- Annual inflation across the Organisation for Economic Co-operation and Development (OECD) accelerated to 4.4% in April from...Energy inflation reached 13.2% across the OECD, with 31 member countries reporting higher energy costs during April.
U.S. inflation rose to its highest level since May 2023, while Britain's core inflation fell to four-year lows.
A report published by the World Economic Forum (WEF) and consulting firm Oliver Wyman found that fragmentation accelerated through 2025...Annual economic losses from fragmentation already total up to $307 billion as tariffs and investment restrictions proliferate globally.
Emerging economies outside major geopolitical blocs could suffer output losses nearly twice the global average under escalation scenarios.
Dubai, UAE -- OpenAI's ChatGPT surpassed 1 billion monthly active users in May, becoming the fastest application to reach the...Sensor Tower estimates ChatGPT reached one billion monthly users roughly three years after launching in late 2022.
Growing enterprise adoption and multimodal capabilities have helped fuel demand amid intensifying competition across artificial intelligence markets.
Non-oil activities drove growth as construction, finance, real estate and transport sectors posted robust gains, underscoring diversification efforts and long-term...Trade remained the largest non-oil contributor, accounting for 16.9 percent of GDP, ahead of finance sectors.
Officials highlighted investments in technology, innovation and digital economy initiatives as drivers of future readiness.
- About $650 billion in trade flows are affected, with global maritime routes facing growing disruption and uncertainty risks.
GCC countries are redirecting cargo flows through alternative gateways, increasing transit costs and causing longer delivery times
Saudi Arabia could leverage Red Sea access and East African investments to reduce dependence on vulnerable maritime choke points
76% of younger investors and 75% of older investors have acted on a recommendation by an AI engineYounger investors favour future-facing sectors and mature investors are more likely to support industries that are well established in the UAE
Both groups share the same top three investing goals: to achieve financial independence, to supplement income, and to provide long-term security
Eight technology domains, including AI, robotics, engineering biology and advanced materials are no longer advancing in isolation.The United States alone could face a shortfall of between 10,100 and 19,900 surgeons by 2036.
Organizations are urged to assess where bottlenecks sit in their value chains, determine which technology combinations could shift those constraints.
- The PMI report finds that MENA will require up to 330,794 construction project management professionals by 2035 under a high-growth...
Even under a low-growth scenario, the region would still face a shortfall of more than 88,561 professionals.
Retirement-driven attrition will widen the gap further, compounding pressure on an already strained talent market.
The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...Among the fastest-growing threats is deepfake-enabled social engineering.
The United Arab Emirates and Saudi Arabia have the potential to take a leading role in next-generation fraud prevention.
