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Aramco, unit and Sinopec ink $4bn deal

The two companies will establish a joint venture company.

Etihad unveils new A321LR aircraft

A321LR features First Suite - a private, enclosed space with a sliding door.

stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Putin orders three-day ceasefire; Zelensky slams it as manipulative ahead of Victory Day

Before Putin's announcement, US Secretary of State Marco Rubio held new talks with Russian counterpart Sergei Lavrov, having declared that this will be a crucial week in a US decision on whether to halt its peace efforts.

Amazon launches first Starlink-rival internet satellites

Project Kuiper, a subsidiary of the online retail giant founded by Jeff Bezos, is playing catch-up with Starlink - SpaceX's sprawling network of internet satellites that has reshaped the sector and handed Musk significant geopolitical clout.

The game of ‘chicken’ being played with the world economy can be brought to a cooperative end

The EU, Japan, and other nations have wisely responded with restraint to President Trump’s improvised tariff threats. With a 90-day pause in execution, there's a chance to craft a cooperative solution. The stakes are high—continued escalation risks global recession, while collaboration could stabilize markets and rebalance the structural imbalances long plaguing the world economy., writes Richard Samans, Non-Resident Senior Fellow, Brookings Institution.

A meaningful “G3” accord between the US, Europe, and China must include coordinated fiscal, monetary, development, and trade policies. From reducing the US fiscal deficit to boosting China’s domestic consumption and reforming global trade norms, such a grand bargain could modernize outdated systems and spark a long-overdue recalibration of global economic governance, he adds.

Richard Samans

GCC is rewriting the narrative on cultural diplomacy

Partnerships with institutions like the Victoria & Albert Museum, Venice Biennale, and Hollywood productions elevate the GCC’s cultural landscape.

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some...

A dirham and a dream: Matthews Southwest’s Jay French on future of UAE real estate

From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a credit to what they've been able to build from a critical mass point of view, said French.

UAE’s steady economic rise fertile ground for growth of facilities management

A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan Jabri, General Manager of Ontegra Facilities Management.

Humanity’s future is increasingly inseparable from AI

Private sector, governments, and nonprofits must invest in AI education, Jason Alan Snyder tells TRENDS in an exclusive interview.

Chinese firms extend EV range with petrol generators

The generator, known as a range extender, is connected to the cars' batteries and feeds them only when needed. Since it is not connected to the wheels, the vehicles, known as EREVs, always run in 100% electric mode even though they consume petrol and emit toxic gases.

The future of logistics: Insights from DHL’s Amadou Diallo

The future of logistics is a convergence of technology, sustainability, and human ingenuity, which are transforming supply chains into more innovative, greener, and inclusive systems, says Diallo

Putin orders three-day ceasefire; Zelensky slams it as manipulative ahead of Victory Day

Before Putin's announcement, US Secretary of State Marco Rubio held new talks with Russian counterpart Sergei Lavrov, having declared that...

Amazon launches first Starlink-rival internet satellites

Project Kuiper, a subsidiary of the online retail giant founded by Jeff Bezos, is playing catch-up with Starlink - SpaceX's...

Latest News

UN ‘alarmed’ by US strikes in Yemen that Huthis say killed 68 migrants

The United Nations expressed deep alarm on Monday at reports that US strikes on Yemen killed scores of people at...

Brazil calls for Israeli withdrawal from Gaza at BRICS ministers’ meet

The meeting comes at a critical moment for the world economy after the International Monetary Fund this week slashed growth...

China says on ‘right side of history’ in trade standoff with US

Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading...

Trump thinks Zelensky ready to give up Crimea to Russia

US President Donald Trump said he believed Ukrainian President Volodymyr Zelensky was ready to concede Crimea to Russia as part...

Qatar Prime Minister sees some progress on Gaza truce

"We need to find an answer for the ultimate question: how to end this war. That's, that's basically, I think,...

The game of ‘chicken’ being played with the world economy can be brought to a cooperative end

A meaningful “G3” accord between the US, Europe, and China must include coordinated fiscal, monetary, development, and trade policies. From reducing the US fiscal deficit to boosting...

Richard Samans

GCC is rewriting the narrative on cultural diplomacy

Partnerships with institutions like the Victoria & Albert Museum, Venice Biennale, and Hollywood productions elevate the GCC’s cultural landscape.

EDITOR'S PICK

3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs...

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie...

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private...

TikTok under fire: Espionage claims, election influence campaigns and controversies

The platform faces accusations of espionage in the United States, while the European Union has...

A dirham and a dream: Matthews Southwest’s Jay French on future of UAE real estate

From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a...

Latest News

Qatar Prime Minister sees some progress on Gaza truce

"We need to find an answer for the ultimate question: how to end this war. That's, that's basically, I think,...

Massive explosion at Iran’s Shahid Rajaee Port kills 18, injures 800

Although the cause of the blast was not immediately clear, the port's customs office said in a statement carried by...

Russia says retook Kursk from Ukraine with North Korean help

The Russian army has fully liberated the border Kursk region from Ukrainian control with the help of North Korean soldiers,...

Trump, Zelensky meet on sidelines of pope’s funeral

US President Donald Trump on Saturday criticized Russian President Vladimir Putin for attacks on civilian areas of Ukraine in recent...

Huge crowds flock to Vatican for Pope Francis’s funeral

Tens of thousands of mourners flooded into St Peter's Square on Saturday for the funeral of Pope Francis, the champion...

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...

Chinese firms extend EV range with petrol generators

The generator, known as a range extender, is connected to the cars' batteries and feeds them only when needed. Since...

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some...

UAE’s steady economic rise fertile ground for growth of facilities management

A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan...

Humanity’s future is increasingly inseparable from AI

Private sector, governments, and nonprofits must invest in AI education, Jason Alan Snyder tells TRENDS in an exclusive interview.

The future of logistics: Insights from DHL’s Amadou Diallo

The future of logistics is a convergence of technology, sustainability, and human ingenuity, which are transforming supply chains into more...

China says on ‘right side of history’ in trade standoff with US

Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading...
  • The US, China said, "play cards out of thin air, bully and go back on their word", condemning Washington's "unilateralism and bullying."
  • Beijing, however, has vowed to fight a trade war "to the end" and denied US claims it is in talks with Washington

Trump thinks Zelensky ready to give up Crimea to Russia

US President Donald Trump said he believed Ukrainian President Volodymyr Zelensky was ready to concede Crimea to Russia as part...
  • Trump also stepped up pressure on Vladimir Putin, saying the Russian president should "stop shooting" and sign an agreement to end the grinding war
  • Trump's comments came a day after he met Zelensky during the funeral of Pope Francis, breaking the ice after a major row between the US and Ukrainian leaders at the White House

Khamenei orders probe into port blast as Iran’s nuclear talks, regional tensions simmer in background

The New York Times quoted a person with ties to Iran's Islamic Revolutionary Guard Corps, speaking on condition of anonymity...
  • His instructions came after President Masoud Pezeshkian visited the blast scene in Shahid Rajaee Port near the strategic Strait of Hormuz
  • Defence ministry spokesman Reza Talaei-Nik later told state TV that "there has been no imported or exported cargo for military fuel or military use in the area."