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Israel hits targets near Damascus with air strikes
According to the Syrian Observatory for Human Rights, a Britain-based war monitor, the strikes had targeted "Hizbollah sites" in the Sayeda Zeinab district and near Damascus airport. Strong explosions were reported in the suburbs of Damascus, which have been previously targeted by strikes that Syrian authorities have blamed on Israel.A security official said that anti-aircraft defences shot down some missiles
Israel has launched hundreds of air strikes on Syria since civil war began in 2011
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Cloud security challenges haunt firms in UAE and KSA
Rapid cloud adoption in the two GCC countries is accompanied by increased security risks, leading to costly data breaches, reveals a latest study by Illumio.
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Mobilizing global efforts to achieve sustainability of supply chains through digitization and the adoption of advanced technologies is no longer a luxury, but a key factor in overcoming climate challenges, says Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of State for Foreign Trade.
"The UAE launched the 'Trade Tech Initiative' in partnership with the World Economic Forum. The initiative aims to accelerate the digitization of international supply chains, enhance customs procedures, improve developing countries' access to the global trading system, and spur a new era of trade growth," he adds.
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UN climate talks home in on fossil fuel deal
Negotiators have failed to produce a new draft agreement since the last text was released on Friday. The document includes four different paths out of fossil fuels, but it also has a fifth option: leaving the issue out of the final deal.
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Localization in focus as KSA raises military spending
Saudi Arabia's 2024 budget hikes military spending to $71 billion for industry localization and modernization, targeting 50% equipment spending localization by 2030.Economy
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Saudis, Iraq stand firm as COP28 mulls phase-out of fossil fuels
With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give their views in a "majlis" -- a traditional Gulf Arab meeting held in a circle. While Jaber called the gathering in an effort to produce a compromise, warning that "failure is not an option", countries...The European Union and members of Pacific islands states threatened by rising seas reiterated their calls for a phase-out of fossil fuels.
A Saudi official told the COP28 majlis that Riyadh's "perspectives and concerns" must be taken into account.
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‘Private sector plays key role in climate resilience’
Private sector has the ability to mobilize resources and foster innovative solutions for vulnerable communities, Dominica's Environment Minister Cozier Frederick tells TRENDS.COP28 UAE
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KSA, Russia plan fertilizer JV, deepen OPEC+ ties
Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.Geostrategy
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UN agency chief says Israel trying to force Gazans into Egypt
"The United Nations and several member states, including the US, have firmly rejected forcibly displacing Gazans out of the Gaza Strip," UNRWA chief Philippe Lazzarini said. "But the developments we are witnessing point to attempts to move Palestinians into Egypt, regardless of whether they stay there or are resettled elsewhere." "But the developments we are...
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Is 2030 the finish line for the Gulf Railway Project?
The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new era in regional transportation and economic integration.Economy
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COP28 President Sultan Al Jaber warns ‘failure is not an option’
With the conference in Dubai due to officially end on Tuesday, COP28 president Sultan Al Jaber urged the nearly 200 nations at the talks to "show flexibility, to act with urgency and to find the common ground". Jaber told reporters that lack of progress or "watering down my ambition" was not an option.What we are after is the common good. What we're after is what is in the best interest of everyone, everywhere," he said.
Jaber spoke ahead of a "majlis", a traditional Emirati assembly where people sit in a circle and try to resolve differences, which he organized in an effort to find a deal.
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Regenerative business models keep UAE ahead globally
With 57% of C-suite executives in the UAE prioritizing regenerative models, the country is leading the global shift towards sustainable and regenerative business practices.
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GCC equity markets record first gain in four months
The GCC equity market index rebounded notably in November 2023, with the MSCI GCC index rising 5.2%, led by Qatar and closely followed by Saudi Arabia and Dubai.Business
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UN Security Council ‘paralyzed’ over Gaza: UN chief
Antonio Guterres had convened an emergency meeting of the UN Security Council after two months of fighting in Gaza. He deployed the rarely-used Article 99 of the UN Charter to bring to the council's attention "any matter which in his opinion may threaten the maintenance of international peace and security".
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KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom
The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone, compared to $214m from 2013-20.Business
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Protestors demand end of fossil fuels, Gaza war at COP28
The demonstrators chanted "Climate justice!" and "Ceasefire now!" as they held pro-environment banners painted in the colors of the Palestinian flag in their hands. Mexican activist Isavela Lopez said, "It's the same fight, it's the same thing -- it's colonialism, it's genocide,"as she described the links between climate injustice and the war.The 'Blue Zone' where the COP28 talks are taking place is currently under UN control.
At least 17,490 people, mostly women and children, have been killed in Israeli attacks
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UAE leads global renewable energy drive: IRENA envoy
The UAE plays a pivotal role as IRENA headquarters and key renewable energy hub, Dr Nawal Al Hosany, the permanent representative of the UAE to IRENA, tells TRENDS.COP28 UAE
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Investments strengthen Türkiye-GCC economic ties
The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to significantly boost bilateral trade.Economy
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Cloud security challenges haunt firms in UAE and KSA
Rapid cloud adoption in the two GCC countries is accompanied by increased security risks, leading to costly data breaches, reveals...
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"The UAE launched the 'Trade Tech Initiative' in partnership with the World Economic Forum. The initiative aims to accelerate the digitization of international supply chains, enhance customs...By TRENDS STAFF
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Israel hits targets near Damascus with air strikes
According to the Syrian Observatory for Human Rights, a Britain-based war monitor, the strikes had targeted "Hizbollah sites" in the... -
UN climate talks home in on fossil fuel deal
Negotiators have failed to produce a new draft agreement since the last text was released on Friday. The document includes... -
Saudis, Iraq stand firm as COP28 mulls phase-out of fossil fuels
With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give... -
UN agency chief says Israel trying to force Gazans into Egypt
"The United Nations and several member states, including the US, have firmly rejected forcibly displacing Gazans out of the Gaza...
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Localization in focus as KSA raises military spending
Saudi Arabia's 2024 budget hikes military spending to $71 billion for industry localization and modernization, targeting 50% equipment spending localization...Economy
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‘Private sector plays key role in climate resilience’
Private sector has the ability to mobilize resources and foster innovative solutions for vulnerable communities, Dominica's Environment Minister Cozier Frederick...COP28 UAE
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Regenerative business models keep UAE ahead globally
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COP28 President Sultan Al Jaber warns ‘failure is not an option’
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Antonio Guterres had convened an emergency meeting of the UN Security Council after two months of fighting in Gaza. He... -
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Israelis demand release of hostages held by Hamas
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KSA, Russia plan fertilizer JV, deepen OPEC+ ties
Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.Geostrategy
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Largest asteroid samples brought to Earth
Scientists hope the samples will provide a better understanding of the formation of our solar system and how Earth became...Science
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Is 2030 the finish line for the Gulf Railway Project?
The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new...Economy
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GCC equity markets record first gain in four months
The GCC equity market index rebounded notably in November 2023, with the MSCI GCC index rising 5.2%, led by Qatar...Business
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KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom
The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone,...Business
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Investments strengthen Türkiye-GCC economic ties
The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...Economy
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Cloud security challenges haunt firms in UAE and KSA
Rapid cloud adoption in the two GCC countries is accompanied by increased security risks, leading to costly data breaches, reveals...
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"The UAE launched the 'Trade Tech Initiative' in partnership with the World Economic Forum. The initiative aims to accelerate the digitization of international supply chains, enhance customs...
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Israel hits targets near Damascus with air strikes
According to the Syrian Observatory for Human Rights, a Britain-based war monitor, the strikes had targeted "Hizbollah sites" in the... -
UN climate talks home in on fossil fuel deal
Negotiators have failed to produce a new draft agreement since the last text was released on Friday. The document includes... -
Saudis, Iraq stand firm as COP28 mulls phase-out of fossil fuels
With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give... -
UN agency chief says Israel trying to force Gazans into Egypt
"The United Nations and several member states, including the US, have firmly rejected forcibly displacing Gazans out of the Gaza...
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Localization in focus as KSA raises military spending
Saudi Arabia's 2024 budget hikes military spending to $71 billion for industry localization and modernization, targeting 50% equipment spending localization...Economy
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‘Private sector plays key role in climate resilience’
Private sector has the ability to mobilize resources and foster innovative solutions for vulnerable communities, Dominica's Environment Minister Cozier Frederick...COP28 UAE
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Regenerative business models keep UAE ahead globally
With 57% of C-suite executives in the UAE prioritizing regenerative models, the country is leading the global shift towards sustainable...
Latest News
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COP28 President Sultan Al Jaber warns ‘failure is not an option’
With the conference in Dubai due to officially end on Tuesday, COP28 president Sultan Al Jaber urged the nearly 200... -
UN Security Council ‘paralyzed’ over Gaza: UN chief
Antonio Guterres had convened an emergency meeting of the UN Security Council after two months of fighting in Gaza. He... -
Protestors demand end of fossil fuels, Gaza war at COP28
The demonstrators chanted "Climate justice!" and "Ceasefire now!" as they held pro-environment banners painted in the colors of the Palestinian... -
Egypt election offers more of the same despite crisis
In a country gripped by the most severe financial crisis in its recent history-- inflation has hovered near 40% after... -
Israelis demand release of hostages held by Hamas
Carrying placards with messages like "bring them home now", hundreds of Israelis took to streets in Tel Aviv on Saturday...
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KSA, Russia plan fertilizer JV, deepen OPEC+ ties
Russian President Vladimir Putin's visit to Riyadh underscores the deepening economic and diplomatic relations between the two countries.Geostrategy
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The Grand Renaissance Dam: Egypt’s Nile nemesis
Ethiopia's refusal to sign a binding agreement on the dam has dashed hopes of a settlement with Egypt and Sudan.Analysis
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Is 2030 the finish line for the Gulf Railway Project?
The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new...Economy
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GCC equity markets record first gain in four months
The GCC equity market index rebounded notably in November 2023, with the MSCI GCC index rising 5.2%, led by Qatar...Business
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KSA offers 30-year tax holiday for global corporations as regional HQ program fuels investment boom
The approaching 1 Jan deadline has seen investments on headquarters hit $242m in the first nine months of 2023 alone,...Business
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Investments strengthen Türkiye-GCC economic ties
The strategic partnerships, including substantial financial support from UAE and Qatar, mark a new era in Türkiye-GCC ties, promising to...Economy