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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

‘KSA bets big on technology and AI, makes global supply chain excellent’

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef highlighted his ministry’s role in the country’s development in...
  • Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef highlighted his ministry’s role in the country’s development in a interview with TRENDS at DAVOS 2023
  • ‘As for our industry, we have certain programs to train young people and make our new investments more and more technology-based,’ says the Saudi minister AlKhorayef

Riyadh Expo 2030 bid gathers steam in Davos

More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, Fahd Al-Rasheed,...
  • More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, says Fahd Al-Rasheed, the CEO of the Royal Commission of Riyadh City
  • The Saudi capital city is all set to announce its specific Riyadh Strategy in the next four months, which would supercharge the city’s economy

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

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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...

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...

‘Business-based peace initiatives to ease tensions’

The Ukraine-Russia conflict and Gaza crisis are impacting investor confidence and economies in Jordan, Egypt, and Israel, Iyad Malas, CEO...

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‘ESG, AI and robotics remain FII’s investment focus’

FII Institute remains committed to innovative and sustainable technology investments, Anthony Berkley, ACT Director and Head of Investments, tells TRENDS.
  • FII Institute remains committed to innovative and sustainable technology investments, Anthony Berkley, ACT Director and Head of Investments, tells TRENDS.
  • Its portfolio includes pioneering firms in AI and robotics, reflecting a focus on impactful solutions in critical areas like sustainability, health, and education.

‘Strategic position makes UAE key blockchain, Web 3 player’

There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci,...
  • There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci, former White House Communications head
  • The blockchain and Web 3 are the future, and UAE's well-designed cities of Dubai and Abu Dhabi make them critical players in the industry, adds SkyBridge Capital founder Scaramucci

Conflict may get us before climate, warns Professor Rangan

A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Prof Subramanian Rangan of...
  • A multi-plural world that embraces diversity and contradictions is crucial for peaceful coexistence free of conflicts, Subramanian Rangan of INSEAD tells TRENDS in an interview
  • Businesses need to revise their models to integrate income and impact, market and society, and humanity and nature. Also, education is key in using technology responsibly, he adds