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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Forty-day ceasefire offered to Hamas: UK foreign secretary

US Secretary of State Antony Blinken renewed US opposition to an Israeli offensive on Gaza's southernmost city of Rafah. "We...

Saudi Arabia, Japan sign 26 new cooperation deals

The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the...
  • The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the Saudi-Japanese Vision 2030
  • The two nations' trade volume reached $47.489 billion in 2022 as Saudi Arabia continues to be a key energy partner to Japan, providing 40 percent of its oil needs

ADX grew 20 percent in 2022, says CBUAE

ABU DHABI, UAE - The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX...
  • The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion ($122.78bn)
  • Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24 billion ($6.53bn) in 2022

Dubai to expand EV charging points by 170 percent till 2025

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) aims to grow the city’s network of public charging stations by 170...
  • Dubai Electricity and Water Authority aims to grow the city’s network of public charging stations by 170 percent in less than three years.
  • The emirate’s Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050 seek to generate 100 percent of its power from clean energy sources by 2050.

AI and real doctors review medical cases in China

CHENGDU, CHINA - AI doctors and real doctors held an evaluation for the first time in Chengdu Haiersen Hospital, Southwest...
  • In the 91 cases reviewed, an AI doctor, "MedGPT", and the attending doctors reached 96 percent agreement on case results
  • There were seven departments and eight consultation desks on-site, including two cardiology units, urology, orthopaedics, etc

Russian security crisis eases as Wagner forces leave Russia

Wagner fighters, who had launched a mutiny to overthrow Russia's military leadership, are reported to be leaving the Voronezh region...
  • Kremlin announces the end of the mutiny after Wagner chief agrees to exile in Belarus
  • The deal averts immediate assault on Moscow but highlights vulnerabilities in Putin's rule

Iraq’s finance and business center to be a hub for trading, selling

BAGHDAD, IRAQ - The Finance and Business Center in Iraq is set to become a hub for trading and selling...
  • The Prime Minister's financial advisor emphasized the center's role in Iraq's financial and banking development strategy.
  • He said that the center would cater to both the banking and non-banking financial businesses, such as insurance companies.

Rebels seize military base, pose serious challenge to Putin’s rule

Rebel mercenaries have seized a crucial military base and are making their way north towards Moscow, presenting a serious security...
  • Counter-terrorist operation initiated to halt their advance towards Moscow
  • Wagner force moves through Lipetsk region; civilians urged to stay home

‘Domestic violence is overlooked in custody rulings’

"When custody decisions are made in favour of the parent who claims to be alienated without sufficiently considering the views...
  • Reem Alsalem, a UN human rights expert, uncovers substantial gender bias in family courts, frequently ignoring past domestic violence incidents in custody rulings
  • Violence persistently threatens women and children, causing significant hardship. For minority women, stereotypes and justice hurdles further exacerbate challenges, she adds

Rate hikes, tech, government support boost GCC banks

GCC banks see continued growth on the back of innovation, tech focus and sustained government support. TRENDS Special Report analyzes...

‘EU acknowledges, appreciates Qatar’s labor reforms’

The EU also lauds the exceptional execution of FIFA 2022 in Qatar. It helped refine Qatar's reputation and correct misconceptions....
  • European Union commends Qatar's successful organization of FIFA World Cup and its positive impact
  • The bloc has also vowed to strengthen relations with Islamic countries and combat hatred against Islam

Forty-day ceasefire offered to Hamas: UK foreign secretary

US Secretary of State Antony Blinken renewed US opposition to an Israeli offensive on Gaza's southernmost city of Rafah. "We...

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WEF24: DCO leads in bridging global digital divide

Digital Cooperation Organization's initiatives are key to empower emerging economies through digitalization's full potential, its Secretary General Deemah AlYahya tells...

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...

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...

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Watch: Experts discuss how Arab world reshapes future

At the HUB Davos 2024 conference, UAE's Minister of Economy Abdulla Bin Touq Al Marri highlights the nation's commitment to...
  • Amid the regional challenges, the Arab world showcases its resilience and forward-thinking at the World Economic Forum in Davos.
  • Sessions by TRENDS under 'The Arab Future' theme focus on the Middle East's economic future and the burgeoning Creator Economy.

Global crises, AI key focuses of World Economic Forum

The upcoming Davos summit is set to become a melting pot of discussions on critical global issues, including the conflicts...
  • The upcoming Davos summit is set to become a melting pot of discussions on critical global issues, including the conflicts in Gaza and Ukraine, and the rapid rise of AI.
  • With leaders like President Volodymyr Zelensky attending, the forum promises intense dialogues on geopolitical challenges and opportunities for rebuilding trust.

Tawazun Council acquires TASNEEF

Subsidiaries of TASNEEF were also acquired.
  • This strategic move aims to enhance the council's role in developing national defense industries, the Council said.
  • TASNEEF has established a number of services, including issuing rules of relevance to the classification of ships.