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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.

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.

Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce

US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's strongholds in Lebanon.

BRICS integral to Arab trade diversification strategy

Arab economic powers are diversifying trade by strengthening ties with BRICS nations like China, India, and Russia while maintaining Western relationships. This strategic shift reflects their pragmatic approach to evolving global dynamics, writes Atique Naqvi, a senior journalist based in Toronto.

The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This shift highlights the growing importance of BRICS partners in the Arab economic strategy, signaling a rebalancing of trade priorities to ensure sustainable growth, economic resilience, and diversified global partnerships.

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.

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.

“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.

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.

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.

Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce

US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's...

BRICS integral to Arab trade diversification strategy

The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This shift highlights the growing importance of BRICS...

Latest News

Troubled Boeing faces investors and awaits strike vote

Boeing, the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking...

IMF predicts slightly slower global growth in 2024 and 2025

In its new World Economic Outlook (WEO) report, the International Monetary Fund also estimates that global inflation will continue to...

Is Musk’s million-dollar US voter lottery legal?

Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day...

In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...

Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles

The KDP is the largest party in the outgoing parliament, with 45 seats against 21 for the PUK. The KDP's...

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...

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

Oil-rich Iraqi Kurdistan votes, shadowed by economic struggles

The KDP is the largest party in the outgoing parliament, with 45 seats against 21 for the PUK. The KDP's...

States helping Israel’s occupation may be ‘complicit’: UN experts

"Israel's internationally wrongful acts give rise to state responsibility, not only for Israel, but for all states," said Navi Pillay,...

Drought forces Big Tech to rethink thirsty LatAm data centers

A prolonged drought in much of South America has forced tech giants Google and Amazon to rethink their plans for...

‘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,...

“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...

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...

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...

In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...
  • 11 Israeli strikes on Beirut's southern suburbs targeted Al-Qard Al-Hassan.centers
  • UNIFIL, said an Israeli "army bulldozer deliberately demolished an observation tower and perimeter fence of a UN position

BRICS integral to Arab trade diversification strategy

The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This...
  • Arab economic powers such as Saudi Arabia and the UAE have intensified efforts to diversify their strategic business relations with China, Russia, and India
  • Arab powers have also kept their traditional ties with the nations in the European Union and the Americas, particularly the United States, intact

China’s central bank cuts two key rates to boost economy

Beijing, China - China's central bank on Monday said it had cut two key interest rates to historic lows, in the...
  • The cuts come just days after the country posted its slowest quarterly growth in a year and a half, underlining the deep economic woes the country faces
  • Leaders are targeting annual growth of five percent this year, but that goal is being challenged by weak consumption and a prolonged and debilitating debt crisis