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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.

‘Building strong professional army is the UAE’s goal’

Armed with science and knowledge, the heroes of this army, make the ultimate sacrifice for their homeland and are always...
  • Since the foundation of the Union, the UAE’s leadership has been working tirelessly to ensure security, stability, development and peace, says an official
  • The UAE has invested heavily in hosting military exhibitions and conferences, most prominent of which are the IDEX and NAVDEX, he adds

Quality finance crucial to deal with climate change

"We cannot neglect any element of the climate crisis, including its clear implications for international peace and security,” he adds....
  • Majid Al Suwaidi, Director-General and Special Representative of COP28, calls for catalyzing greater and higher quality climate finance for fragile and vulnerable communities
  • The UAE will host COP28 in Dubai from 30th November to December 12, which will include the first Global Stocktake to assess progress toward implementation of the Paris Agreement

New mechanisms to boost international cooperation in a multipower world, says WEF President Klaus Schwab

Regarding structural transformations to be witnessed in various vital economic sectors, Schwab says there will be about 10 billion people...
  • There is an urgency to develop new mechanisms that strengthen international cooperation in today’s multipower world, says WEF chief Klaus Schwab
  • Technological transformation and the Fourth Industrial Revolution will impact the world for years to come, adds Schwab while speaking at WGS 23

Private sector has potential to support govts, global organisations, says UNICEF Director

“Large numbers of boys and girls being out of school since the pandemic, failing to resuming their education as quickly...
  • The world needs massive attention across the public and private sector to efficiently address the successive crises besetting the globe, says a key UN official
  • Private sector must bring its core assets to the table to support the governments and international organizations, adds UNICEF Director Carla Haddad Mardini

UAE played key role in stabilizing Egypt: El Sisi

In 2013, Sheikh Mohamed bin Zayed ordered the transfer of ships carrying vital petroleum commodities via Mediterranean to Egypt to...
  • In 2013, Sheikh Mohamed bin Zayed ordered the transfer of ships carrying vital petroleum commodities via Mediterranean to Egypt to help it overcome the crisis, says El Sisi
  • The Egyptian President, while speaking at the WGS 2023, urges Arab states to stand against any interference that aims to disrupt the strong relations in the region

Dubai’s Urban Plan 2040 ‘a pathway to wellbeing’

The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations....
  • Dubai 2040 aims to provide sustainable and flexible mobility options to ease the mobility of people, says said Mattar Al Tayer
  • The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations, he adds

AI, learning models can’t replace human creativity

“AI, Web3 and NFTs have opened new markets. We must embrace and seize the opportunity. As artists, it provides us...
  • The rise of Web3 and NFT photography, along with AI and deep learning models, are transforming the landscape of photography and the creative industry at large, says an expert
  • As artists, it provides us with new avenues for monetising our work and reaching new audiences. It's crucial that we address the security concerns, adds another expert at Xposure

Realty growth in Saudi Arabia, UAE to build on strong private sector and robust spending via govt initiatives

While 2022 saw record levels of demand for commercial office space as a result of ‘Programme HQ’, 2023 looks set...
  • Pent-up demand from travelers and increased spending by residents led the post-pandemic recovery of the real estate sector in Dubai
  • The post-COVID recovery of the Saudi real estate sector is led by increasing tourist demand and government spending on infrastructure projects

Saudi ministry signs MoU with Standard Chartered to boost mining investment

Riyadh, Saudi Arabia – The Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) and Standard Chartered Bank (SCB) have...
  • The MoU will assess the requirements for sustainable investment in the mining sector in Saudi Arabia as per the objectives of Vision 2030
  • The deal also aims at promoting knowledge transfer, tech enablement, job creation and implementation of Future Minerals Forum outcomes

A nation or business can’t leave talent off the field

“If you leave people off the field, you have a blind spot – as a country, as a business, in...
  • If you are not inclusive as a country, all you are doing is punishing yourself because you are leaving your talent off the field, says Steven Bartlett, a British entrepreneur
  • "It is a competitive advantage to be inclusive in the boardroom when key decisions are made because if you are not, you are only hurting yourself," Bartlett adds

UAE rises to seventh rank globally in UN gender balance index

Dubai, UAE -- The UAE advanced to the seventh rank globally in the Gender Inequality Index 2024, issued by the...

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‘Gulf nations should unite for Palestinian cause’

"Our stance on the Palestinian issue is unequivocal. The Palestinian people's right to resistance, including reclaiming their occupied land and...

Intrinsic values, futuristic strategies elevate Dubai

Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate...

Many Western Socialists back Israel in Gaza conflict

This TRENDS report delves into the nuanced positions of Western political figures, unveiling a multifaceted blend of support, criticism, and...

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Non-oil revenue boost shows GCC’s financial wisdom

The GCC nations exemplify financial prudence. Their continuous efforts to boost non-oil revenues, reform tax policies, and modernize and digitize...
  • GCC countries embark on a transformative economic journey, underpinned by national economic plans
  • The Gulf economies showcase resilience, recovering from the COVID-19 pandemic amidst global challenges

Gaza becomes a dangerous ground for journalists

Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of...
  • Amidst the escalating Israel-Hamas conflict, an alarming number of journalists have been killed, injured, or missing, underscoring the importance of ensuring their safety
  • Amid the ongoing Middle Eastern conflict, ensuring the safety of journalists is paramount, as the world depends on their reporting to grasp the crisis's complexities

Collaboration crucial for renewable energy transition

"World peace and security, along with social, economic, and political stability, hinge on two pivotal factors: addressing climate issues and...
  • The UAE is actively supporting global efforts to mitigate the effects of climate change at both regional and international levels
  • World peace, security and stability hinge on addressing climate issues and investing in clean and renewable energy sources