Asia markets mixed as investors assess China inflation data
Asia-Pacific markets were mixed Monday as investors assessed China’s stronger-than-expected April inflation data, CNBC reported China’s consumer price index climbed...
Economy
Dubai’s media revamp key to navigate new horizons
"There is a need to double efforts to develop a comprehensive blueprint outlining necessary policies to drive the media sector...
Economy
Infographics
Middle East makes mark in Global Soft Power Index
TRENDS Infographics explores prominent Arab nations in the latest Global Soft Power Index, with the UAE leading the way by...
- TRENDS Infographics explores prominent Arab nations in the latest Global Soft Power Index, with the UAE leading the way by entering the top 10, a first for the Middle East
- Other GCC countries, including Oman, also show improvements in the index, which measures nations' influence and reputation across various sectors and a variety of metrics
Business
GCC power and water projects benefit from lower risks, government support: Report
LONDON —Strategically important power and water projects controlled by GCC governments or government-related entities (GRE), are benefitting from the support...
- GCC governments play multiple roles, including offtakers, gas suppliers, grid operators, and land lessors
- Robust contractual provisions include 20- to 30-year fuel supply and offtake agreements with fixed prices.
Economy
‘UAE’s compliance level high in anti-money laundering’
She adds that the Ministry’s participation in this workshop forms part of its commitment to fostering regional and international cooperation...
- The UAE has achieved the highest compliance levels in anti-money laundering, developing an advanced ecosystem in line with global best practices
- The Gulf country seeks to foster regional and international cooperation with partners, contributing to establishing a sustainable AML ecosystem
Arts & Culture
Teachers play key role in shaping future generations
“The real development of the education sector requires attracting the expertise of Emirati educators. Without empowering them to perform effectively,...
- Sheikh Abdullah bin Zayed, the UAE’s Minister of Foreign Affairs and Chairman of the EHRC, underscores the pivotal role of teachers in shaping the future
- The UAE minister emphasizes that teachers are not just imparting academic knowledge but are also instrumental in the formation of balanced personalities
Riyadh, Jeddah among world’s least expensive cities
Key global reports list Saudi Arabia's Riyadh and Jeddah among the world's least expensive cities for living. TRENDS finds out...
- Key global reports list Saudi Arabia's Riyadh and Jeddah among the world's least expensive cities for living. TRENDS finds out the cost of living in other cities of the Kingdom
- Affordability and stability of Saudi cities make them attractive destinations for both locals and expatriates seeking a cost-effective living environment, TRENDS points out
Economy
Saudi Arabia aims for 30% marine reserves by 2030
Dr Faqeeha commends the G20's support for the global platform CORDAP (Collaborative Action on Coral Reefs and People), which was...
- Saudi Arabia is collaborating with regional countries and the International Maritime Organization to establish the Red Sea as a special marine zone by 2025
- The Kingdom has implemented a circular strategy for the carbon economy and introduced a new waste management law to increase recycling rates
Economy
Tourism turns the Kingdom into a rising global star
In just few years, Saudi Arabia has leapt up the global rankings to become a leading destination for international tourists,...
Business
Sharjah records first half real estate deals worth $3.65 billion
The city of Sharjah accounted for the largest (3,794) share of the transactions.
- A total of 40,483 transactions took place in the first half of 2023, and the value of real estate mortgages amounted to AED4.1 billion ($1.12bn)
- The number of sales transactions in the various regions of the emirate during H1 2023 reached 4,187 transactions, with a value of AED5.7 billion ($1.55bn)
Business
Rise in foreign sukuk offset by local currency decline
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a...
- Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a surge in foreign currency issuances, says a report
- A new report by S&P Global Ratings indicates mixed activity levels, suggesting the need for harmonization of Sharia standards to attract non-core jurisdictions
Business
Middle East tackles AI hurdles, embraces opportunities
The region, rich in history and culture, is expected to accumulate substantial global AI benefits, reshaping its traditional sectors and...
- The region, rich in history and culture, is expected to accumulate substantial global AI benefits, reshaping its traditional sectors and driving innovation, reports suggest
- Tradition and technology harmoniously coexist in Middle East as it stays committed to AI integration despite some industries grappling with implementation challenges
Asia markets mixed as investors assess China inflation data
Asia-Pacific markets were mixed Monday as investors assessed China’s stronger-than-expected April inflation data, CNBC reported China’s consumer price index climbed...
Economy
Company News
Latest News
Bahrain Steel raises $450m SLL
Business
RAK cultivates communities with arts and culture
“Culture and arts are an integral part of building communities and a key pillar of Ras Al Khaimah’s sustainable development,”...
Arts & Culture
Robots save UAE’s finance ministry 39,000 working hours
Dubai, UAE -- UAE's Ministry of Finance has saved 39,000 hours of human labor by using bots, software applications that...
Business
Arab Bank Group net profit $829.6m
The Group posted a 52% increase in net income compared to 2022.
Business
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Business
Saudi Arabia’s real estate deals fall 11 percent in 2023: Ministry
Riyadh, Saudi Arabia -- The value of Saudi Arabia's real estate transactions fell year-on-year by 11 percent to nearly SAR...
- The number of real estate transactions reached around 172,070 by the end of 2023, while the total number of sold property reached 177,500.
- Meanwhile, transactions value increased in the remaining five months, led by July at 65 percent.
Videos
WEF discusses politics, climate, but not Gaza crisis
Khalid Janahi, CEO of Vision3, in an exclusive interview with TRENDS, delves into why this vital topic was overshadowed in...
- Khalid Janahi, CEO of Vision3, in an exclusive interview with TRENDS, delves into why this vital topic was overshadowed in global forums like the recenty concluded WEF.
- His insights reveal the complexities behind the limited discussion of the conflict on the world stage and its ramifications for international policy and humanitarian efforts.
Geostrategy
Digital rights of Palestinians, supporters widely violated: Report
“Those developments had a significant impact on the digital world, freedom of speech, privacy, and security, leading to a deterioration...
- Nearly 3 million instances of violent, hateful, or otherwise negative content in the Hebrew language was directed against Palestinians, the report said.
- It also shed light on the practices of Meta’s noticeable discrimination against the content published in Arabic on its various platforms.