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Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.

ADNOC L&S to pay $136.5m dividend

This is equivalent to 6.78 fils per share, the company said.

‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant group's overall leader in August after the killing of political chief Ismail Haniyeh in Iranian capital city Tehran on July 31, 2024.

United by innovation and progress: The enduring US-UAE partnership

The United States of America and the United Arab Emirates share enduring security ties and a commitment to a peaceful, stable, and prosperous Middle East region, said Ambassador Martina Strong of the United States of America to the UAE, and Ambassador Yousef Al Otaiba of the United Arab Emirates to the USA, in a joint Op-Ed ahead of the official visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the United States of America.

‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and Sudan. Our ongoing defense and counterterrorism cooperation makes our countries and the world more secure. U.S. and UAE troops have stood shoulder to shoulder in six conflicts over the last 30 years; their valor and...

Major tech companies turn to nuclear energy to power data centers and AI initiatives

Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman Sachs says that data centers will consume eight percent of the US power by 2030, up from three percent in 2022.

October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas and restore security across its borders.

“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle criminals.

Waldorf Astoria to open in Madinah by 2028

With more than 300 luxury rooms, three dining concepts, and various facilities, the hotel will merge global luxury with Madinah’s...

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.

Oregon leverages coastal adventures and diverse landscapes to expand its tourism market

Oregon's tourism strategy focuses on year-round visitation, sustainability, and regenerative travel, aiming to optimize economic impact while preserving natural beauty and cultural heritage, Travel Oregon CEO Todd Davidson tells TRENDS in an interview.

Real-time carbon footprint data crucial for effective actions, reducing emissions

AI-powered tools are crucial for measuring emissions accurately, enhancing accountability in achieving climate goals, Naim Yazbeck, the General Manager of Microsoft UAE, told TRENDS in an exclusive interview.

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.

‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’

Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala tells TRENDS in an exclusive interview.

Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation

Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...

United by innovation and progress: The enduring US-UAE partnership

‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and Sudan. Our ongoing defense and counterterrorism cooperation...

Latest News

‘Starvation tactics’ being used against 25 million people in Sudan

UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...

UN report says 1.1 billion people in acute poverty

More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...

Middle East crisis top-of-mind at first EU-Gulf summit in Brussels

Confirmed at the last minute, the presence of Saudi Arabia's Crown Prince among the six Gulf leaders in attendance heightened...

Asian markets track Wall Street losses on worries over tech rally

Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...

Trio wins economics Nobel for insights into income inequality

By examining the various political and economic systems introduced by European colonizers, the three have demonstrated a relationship between societal...

Major tech companies turn to nuclear energy to power data centers and AI initiatives

Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...

October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...

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

Trio wins economics Nobel for insights into income inequality

By examining the various political and economic systems introduced by European colonizers, the three have demonstrated a relationship between societal...

Tech helps Singapore economy top forecasts in third quarter

Singapore's economy grew more than expected in the third quarter as a rush for everything related to artificial intelligence drove...

World merchandise trade to rise by 2.7% in 2024: Global Trade Outlook

There was a 2.3% year-on-year increase in the first half of 2024 and WTO economists anticipate the volume will increase...

Blinken says US wants Lebanon solution, not ‘broader conflict’

"So Israel has a clear and very legitimate interest in doing that. The people of Lebanon want the same thing....

Japanese group wins peace Nobel, says Gaza like Japan 80 years ago

Nihon Hidankyo, a grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, also known as Hibakusha, received the honor...

“Sextortion” of teens puts Instagram in trouble; Meta announces new combat measures

Instagram and Facebook's parent company Meta accepts the rise of child/teen predators on Instagram and subsequently announces measures to battle...

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...

Waldorf Astoria to open in Madinah by 2028

With more than 300 luxury rooms, three dining concepts, and various facilities, the hotel will merge global luxury with Madinah’s...

Oregon leverages coastal adventures and diverse landscapes to expand its tourism market

Oregon's tourism strategy focuses on year-round visitation, sustainability, and regenerative travel, aiming to optimize economic impact while preserving natural beauty...

Real-time carbon footprint data crucial for effective actions, reducing emissions

AI-powered tools are crucial for measuring emissions accurately, enhancing accountability in achieving climate goals, Naim Yazbeck, the General Manager of...

‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’

Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala...

Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel

In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
  • Netanyahu's comments came as the United States ramped up pressure over Israel's conduct of the wars in Lebanon and Gaza
  • Netanyahu has insisted there must be a buffer zone along Israel's border with Lebanon where there is no presence of Hezbollah fighters

Deals worth $4.26 billion signed at inaugural Global Logistics Forum

Riyadh, Saudi Arabia -- More than 65 agreements and Memoranda of Understanding worth SAR 16 billion were signed at the...
  • The forum was attended by more than 130 experts and leaders in the global transport and logistics sector, as well as 13,000 visitors.
  • Among the attendees were over 15 ministers and 77 leaders in the transport and logistics industry from more than 30 countries.

WEF Global Future Councils meet in Dubai to tackle pressing global issues

More than 500 experts are expected to attend the meeting. Amid a rapidly shifting global landscape of geopolitical tensions, climate...
  • The GFC network, representing 80 countries and diverse sectors and disciplines, is uniquely positioned to break down silos and foster cross-sector dialogue.
  • Key themes of the meeting programme will include inclusive growth, climate action and the energy transition, and rebuilding trust for global collaboration