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Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

PIF sets up sarcc company

The new entity will address growing staff accommodation demand.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

Trump wins White House in stunning comeback

The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable given an unprecedented criminal conviction, a near-miss assassination attempt, and warnings from a former chief of staff that he is a "fascist."

IoT Connectivity: The Backbone of Modern Business

Reliable IoT connectivity fuels sectors like healthcare, transportation, and energy, transforming industries by enabling data-driven solutions and real-time monitoring. From smart cities to remote patient care, IoT is a catalyst for innovation and efficiency, bridging the gap between digital insight and real-world impact. With advanced protocols like LoRaWAN and 5G, businesses gain access to seamless, scalable solutions that optimize resource use and drive operational excellence. This connectivity not only powers smarter infrastructure but also supports sustainability efforts, creating new pathways for growth, writes Rashid Alahmedi, the Chief Operating Officer of InfraX.

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to intelligent lighting in cities. This connectivity reshapes industries, powering smarter, more sustainable solutions for modern challenges.

Rashid Alahmedi,

Altegio in UAE market to local boost digital transformation

Unlike other automation platforms that redirect customers to third-party websites, Altegio keeps booking processes within the client’s own ecosystem.

Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him

War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says that Hezbollah tried to kill him.

AI and the future workforce: Navigating the transition

AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of Computer Science at the University of California, Berkeley told TRENDS in an exclusive interview.

WEF Dubai: UAE fosters global dialogue

The UAE has agile governance and it is not beholden to short-termism, Maroun Kairouz, Head of Regional Agenda for the...

GCC tourism growth skyrockets as diversification drive gains momentum post-Covid

GCC countries collaborate on comprehensive tourism strategy, leading global recovery post-pandemic with remarkable growth rates and ambitious plans for sustainable development.

Rethink needed to make sustainable tourism work

"Growth at all costs no longer an option," says world-renowned tourism policy, planning and development expert Dr Marina Novelli in an interview.

Securing the digital future: AI and global cooperation foster cyber resilience

While AI accelerates the detection and management of threats, cybercriminals also leverage this technology for sophisticated attacks, says WEF's cybersecurity expert Filipe Beato.

Dubai’s night beaches a cool solution to summer heat

With temperatures regularly topping 40 degrees Celsius, outdoor activities are severely limited. More than one million people have visited the night beaches since last year.

How harmful are microplastics to human health?

A New England Journal of Medicine study found microplastics in blood vessels are linked to higher risks of heart attack, stroke, and early death.

Trump wins White House in stunning comeback

The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to intelligent lighting in cities. This connectivity reshapes...

Rashid Alahmedi,

Latest News

US Fed expected to look beyond Trump win and cut rates again

The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...

AI-Driven technologies drive operational excellence, helping meet sustainability goals

Industrial AI and digital technologies are revolutionizing energy infrastructure, helping companies across asset-intensive sectors achieve operational excellence

Republicans seize control of US Senate: networks

Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...

UAE stablecoin usage up 55% yoy as new regulations drive market momentum

Stablecoins account for the largest share of crypto activity in the UAE (51%), which stands significantly higher than both Bitcoin...

Netanyahu sacks defense minister Gallant over differences on Gaza

Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...

Altegio in UAE market to local boost digital transformation

Unlike other automation platforms that redirect customers to third-party websites, Altegio keeps booking processes within the client’s own ecosystem.

Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him

War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...

EDITOR'S PICK

UAE, Saudi Arabia, Qatar emerge as soft power leaders

The surge of three GCC nations in the Global Soft Power Index, with UAE leading...

Empowering Arab women Sheikha Bodour’s key focus

Sheikha Bodour Al Qasimi, from the American University of Sharjah, advocates for diversity, inclusion, and...

Arabic in demand as non-English content rules market

This trend shift reflects not only changing consumer preferences but also highlights the significant potential...

Shifting dietary trends boost MEA’s protein market

Rise of flexitarian and vegan diets in the region is driving demand for alternative proteins,...

GCC tourism growth skyrockets as diversification drive gains momentum post-Covid

GCC countries collaborate on comprehensive tourism strategy, leading global recovery post-pandemic with remarkable growth rates and ambitious plans for sustainable...

Latest News

Netanyahu sacks defense minister Gallant over differences on Gaza

Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...

Low carbon investments in arrears of climate needs

Upstream investments in the oil and gas industry are still healthy and dwarf those made in low carbon projects and...

Most Asian markets rise ahead of toss-up US election

Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...

Eight OPEC+ members extend oil supply cuts until year end

Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...

Expected impact of the U.S. election on business 

35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...

AI and the future workforce: Navigating the transition

AI systems exceeding human capabilities across all fields could render many jobs obsolete in a decade, Stuart Russell, Professor of...

Dubai’s night beaches a cool solution to summer heat

With temperatures regularly topping 40 degrees Celsius, outdoor activities are severely limited. More than one million people have visited the...

WEF Dubai: UAE fosters global dialogue

The UAE has agile governance and it is not beholden to short-termism, Maroun Kairouz, Head of Regional Agenda for the...

Rethink needed to make sustainable tourism work

"Growth at all costs no longer an option," says world-renowned tourism policy, planning and development expert Dr Marina Novelli in...

Securing the digital future: AI and global cooperation foster cyber resilience

While AI accelerates the detection and management of threats, cybercriminals also leverage this technology for sophisticated attacks, says WEF's cybersecurity expert Filipe Beato.

How harmful are microplastics to human health?

A New England Journal of Medicine study found microplastics in blood vessels are linked to higher risks of heart attack,...

Azerbaijan embraces regenerative tourism to protect culture and nature

The rapid, ongoing expansion of global tourism has brought with it opportunities for communities around the world to share cultures...
  • Azerbaijan’s tourism strategy is integrated into the country’s broader national plan for sustainable development.
  • Slow Food Travel is another emerging concept in tourism, that encourages tourists to actively contribute to the cultural preservation and revitalization.

Low carbon investments in arrears of climate needs

Upstream investments in the oil and gas industry are still healthy and dwarf those made in low carbon projects and...
  • Countries are turning towards renewables such as solar PV and wind following a 40 percent drop in their costs
  • The global upstream industry is projected to maintain its hydrocarbon investment level of about US$580 billion in 2024

Most Asian markets rise ahead of toss-up US election

Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
  • Uncertainty about the outcome led to warnings that investors could be in for a period of volatility
  • Wall Street's three main indexes ended in the red