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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

WEF24: AI-generated drugs promise cost reduction

AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says...

‘European Space Agency to intensify cooperation with UAE’

"I have decided to send a group of people from my ESA team to the UAE to see which domains...
  • Aschbacher says ESA's plan is to establish navigation and communication around the moon and on the moon surface, just like having a mobile phone on Earth
  • He believes unifying people is one of the beauties of space exploration, besides developing technology, attracting young talents, fostering stem education, and economic growth

Fusion energy will be game-changing viable energy source

Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power...
  • Private sector partners can leverage the scientific work done in public laboratories to develop the technology needed for fusion power plant applications, says top US physicist
  • The recent discovery in inertial confinement fusion marks a significant milestone in the development of fusion energy as a viable energy source, highlights Kimberly Budil

‘AI, blockchain complementary, must be used responsibly’

The responsible AI must enhance education, everyday life, and work, while blockchain protocols must be democratized in a decentralized society,...

Overuse of technology may lead to polarization: Expert

Technology, however, can be a powerful tool to deal with global challenges such as climate change, poverty, and inequality, says...
  • Technology, however, can be a powerful tool to deal with global challenges such as climate change, poverty, and inequality, says MIT's Senseable City Lab director Carlo Ratti.
  • It's up to us to ensure that we use technology in a responsible and ethical way to create a better future for all, adds Ratti, the founder of CRA-Carlo Ratti Association

UAE has incredible position in the world: Salesforce CEO

All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero...
  • All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS
  • Benioff advocates for global commitment to green initiatives, net zero emissions, and has expedited One Trillion Tree initiative to tackle climate change

Greed fueling suffering around the world, says US rapper Will.i.am

Greed is the biggest problem in the world, leading to wealth inequality and suffering for many, American rapper and songwriter...
  • Greed is the biggest problem in the world, leading to wealth inequality and suffering for many, American rapper and songwriter Will.i.am tells TRENDS in an exclusive interview
  • Will.i.am's philanthropic initiative has impacted over 12,000 students in LA, equipping them with the skills to become job creators and establish future-ready businesses

‘Morocco economy robust, 80% of exports manufactured products’

The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and...
  • The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and Trade Minister Ryad Mezzour tells TRENDS.
  • Moroccan automotive industry produced 700,00 cars in 2022 and we expect the production to hit 1 million in the next three years, adds Mezzour during the interview

‘US role in Middle East is stabilizing but diminishing’

The world is facing a new environment where powerful global leaders and corporate leaders are creating uncertainty and risk, Eurasia...
  • Putin is becoming the most powerful rogue actor on the global stage in a way that Iran is the most powerful rogue actor in the Middle East, says Ian Bremmer
  • The bigger issue is that the Russians are now in a hot war with the West and they’re performing very badly and their economy is deteriorating, he adds

‘Bad governance, lack of solid regulation fuel blockchain violations’

There is chaos in the crypto market and the dust rises with an episode of failure, but failures must not...
  • Dubai not only inspires the world to embrace new financial instruments, but it has been a hub for digital financial products, says Tapscott.
  • Banks need to work hard to find ways to avoid intermediation. but we intermediate to create new value in the middle, he adds.

Uncertainty haunts macroeconomy, says US professor

Significant technology development is going on in the climate space in the UAE, distinguished Professor Laura D'Andrea Tyson tells TRENDS...
  • Economists expect more interest rate increases and a fairly significant chance of a recession, says Laura D'Andrea Tyson of University of California
  • The UAE's significant technology development in the climate space will reduce carbon emissions and generate alternative energy, she adds

Liberal media and rifts between Biden-Harris teams cost Dems 2024 election

Party insiders cite a damaging rift between Biden and Harris teams as a major factor in the Democrats' 2024 defeat....

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WEF24: Geopolitical upheaval to affect global economy

Geopolitical tensions, including the Russia-Ukraine conflict, Middle East unrest, and China-Taiwan ties are key economic disruptors, says Bill Browder of...

WEF24: AI becomes a catalyst in education equality

ASI & AI Tutor is collaborating with the UAE Ministry of Education to democratize learning with AI tutors, its 20-year-old...

WEF24: AI stays at forefront of energy revolution

There is a need for global policy alignment to meet the rising energy demands and tackle climate change challenges, Marco...

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WEF24: Investor confidence fuels sustainable growth

GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE,...
  • GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE, its CEO tells TRENDS in Davos.
  • To counter potential US recession and inflation, the group's strategy emphasizes investing in digital payments, mobile apps, and AI technologies for robust growth.

WEF24: Unified approach key to resolve challenges

Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai...
  • Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
  • During interview, Belhoul emphasizes the role of technology as a unifying force and discusses the Foundation's plans for research, development, and international partnerships.

Government, financial sectors top cyberattack targets

The Middle East's oil and gas sector also stays on hit list of of cyberattackers, Trellix CEO Bryan Palma tells...
  • The Middle East's oil and gas sector is a key target for cyberattacks, Trellix CEO Bryan Palma tells TRENDS, stressing the need for widespread cybersecurity investments.
  • He emphasizes the critical risks faced by the public sector and financial services, and discusses how XDR and AI technologies are advancing cybersecurity in the region.