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DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory

Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could leave for "any country willing to accept them.

Fossil fuel demand is high in Central Eastern Europe. Here’s how it can make the energy transition

Anticipating a softening of policy, some of the industry has been quick to lower their energy transition ambitions, while other players are fast-tracking their low-carbon growth promise. How should the rest of the industry react to this divergence? Are we pivoting back to fossil fuels or refocusing our policies? Or is a wider alignment on energy transition goals needed more than ever? One thing is clear: the moment in time is unique and calls for both strategic flexibility and pragmatism in addressing these challenges and uncertainties, writes Konrad Jar Executive Director, Strategy and Innovation, ORLEN.

This “responsible transition” is not only defined by the development principles, but primarily by a selective investment approach in our conventional business; we will continue to grow this where market fundamentals are healthy. This includes investing in gas and LNG (from upstream through midstream and downstream), which acts as a transition fuel, especially in our...

There’s nothing more interlinked and global as international financial markets: Swiss president

In an exclusive interview with TRENDS, Swiss President Karin Keller-Sutter emphasized the critical role of financial stability in safeguarding global economic health, calling for nations to act from "inner strength."

GCC leaders explore regional growth and opportunity at Doha investment meet

The burgeoning creator economy presents an unprecedented opportunity for GCC to outpace global cities and establish itself as the epicenter of next-generation content, said Julien Hawari, CEO Million.

‘Middle East is a promising area with a lot of initiatives going on in the UAE, Saudi Arabia’

Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson,...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by escalating geopolitical tensions and global fragmentation in cooperation and governance

Rudolph Lohmeyer: The Gulf is redefining the global future, not just adapting to it

The Middle East must counter global economic divergence by enhancing regional financial integration to drive collective growth, Rudolph Lohmeyer tells TRENDS in an exclusive interview.

Exclusive: Green investments lead to tangible returns, says WEF’s Philips 

Public-private partnerships are essential for advancing sustainable urban development and meeting net-zero targets, Vivian Brady Phillips, Head of Strategic Initiatives, Urban Transformation at the WEF tells TRENDS in an exclusive interview.

Norway nears 100% goal of all-electric cars

By comparison, the share of electric cars in Europe was just 13.6 percent in the full-year 2024, a decline for the first time since 2020.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health support and response to gender-based violence in the workplace.

Israel orders army to prepare Gaza exodus plan as Trump rules out US troop deployment in the territory

Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could...

Fossil fuel demand is high in Central Eastern Europe. Here’s how it can make the energy transition

This “responsible transition” is not only defined by the development principles, but primarily by a selective investment approach in our conventional business; we will continue to grow...

Latest News

Trump condemned for ICC sanctions over Israel, US probes

The United Nations and the European Union also urged Trump on Friday to reverse the decision ordering asset freezes and...

Big Tech’s AI spending rattles markets

Amazon and big tech peers Microsoft and Google saw their stock prices fall on concerns over high AI investment costs....

Asian markets advance after Wall St gains, US Postal Service U-turn

Asian markets rose Thursday, tracking gains on Wall Street and following the US Postal Service's U-turn on a ban on...

Dubai airport clocks record 92.3 million passengers

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic...

West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...

‘Authenticity, experiences, culture, generational and solo travel to lead tourism trends’

Visit Saudi, experience the warmth, generosity and hospitality of the people, Jerry Inzerillo tells TRENDS in an exclusive interview.

There’s nothing more interlinked and global as international financial markets: Swiss president

In an exclusive interview with TRENDS, Swiss President Karin Keller-Sutter emphasized the critical role of financial stability in safeguarding global...

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...

WEF’s risks report 2025: Rising geopolitical tensions, environmental threats, disinformation dominate future threats

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by...

Latest News

West Bank’s Jenin camp going in ‘catastrophic direction’: UNRWA

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed...

OPEC+ sticks to oil output plan after Trump’s price demand

In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies...

Morgan Stanley sees upswing in MENA M&A deal volumes and values

After a challenging year where M&A activity in the Middle East and North Africa took a tumble, Morgan Stanley forecasts...

Oil prices on the rise despite down week

Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and...

FED keeps interest rates unchanged

The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according...

GCC leaders explore regional growth and opportunity at Doha investment meet

The burgeoning creator economy presents an unprecedented opportunity for GCC to outpace global cities and establish itself as the epicenter...

Norway nears 100% goal of all-electric cars

By comparison, the share of electric cars in Europe was just 13.6 percent in the full-year 2024, a decline for...

‘Middle East is a promising area with a lot of initiatives going on in the UAE, Saudi Arabia’

Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson,...

Rudolph Lohmeyer: The Gulf is redefining the global future, not just adapting to it

The Middle East must counter global economic divergence by enhancing regional financial integration to drive collective growth, Rudolph Lohmeyer tells...

Exclusive: Green investments lead to tangible returns, says WEF’s Philips 

Public-private partnerships are essential for advancing sustainable urban development and meeting net-zero targets, Vivian Brady Phillips, Head of Strategic Initiatives,...

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

Tech Mahindra’s Ram Ramachandran: MEA, India key to shaping future in multipolar world

Davos, Switzerland -- The Middle East, Africa, and India have an important role and influence in shaping the evolving world order...
  • The representation accorded to the Middle East, Africa, and India at Davos shows the growing promise of the region towards global world order, he said.
  • We are going to see innovation happening from the Middle East outwards, which has never happened earlier, Ramachandran said.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...
  • UNFPA emphasizes that corporate strategies can empower vulnerable communities, particularly women, by driving positive change in workplaces, Cutillo said
  • UNFPA's presence in 150 countries allows us to work with women and implement these targeted initiatives effectively, she added.

Dubai airport clocks record 92.3 million passengers

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic...
  • The UAE has now been ranked as the world's busiest international air hub for a decade
  • The airport was targeting 400 international destinations, up from 272 currently