Kuwait rises on the strength of collaboration: Airlines deal and sweeping reforms fuel economic revival
In addition, Kuwait hosted a major joint meeting between the GCC and the United Kingdom in October focused on a...
Economy
New-Age Growth Comes Home to the GCC
The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...
Opinion
Business
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
Business
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
Arts & Culture
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
Interview
‘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
Geostrategy
‘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
Interview
‘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.
Economy
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
Economy
‘This year will be difficult for global economy’
Around one-third of countries are likely to go through a recession, Sir Masood Ahmed, President of the Center for Global...
- One-third of the world is expected to go through a recession in 2023 due to slowing economies, high inflation, and other factors
- Oil-exporting countries are likely to be less impacted, while big importers of oil, gas, food, and fertilizers may face more difficulties
Interview
Healthcare, education key focus of MENA: Amanat CEO
The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells...
- The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells TRENDS during an interview
- Hamade also sheds light on how Amanat Holding balances profitability with social responsibility. He also hints at potential future investment plans and IPOs in the region
Interview
‘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
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Kuwait rises on the strength of collaboration: Airlines deal and sweeping reforms fuel economic revival
In addition, Kuwait hosted a major joint meeting between the GCC and the United Kingdom in October focused on a...
Economy
Company News
Latest News
WEF24: The story of Africa is being reclaimed
World Economic Forum
WEF24: Understanding regional nuances key to success
Industries are increasingly investing in transformative technologies, including cybersecurity, sustainable solutions and AI, Sapthagiri Chapalapalli tells TRENDS in an interview.
Business
WEF24: The story of Africa is being reclaimed
Africa is moving away from stereotypes of poverty and incapacity to a narrative of ability and competitiveness, Sithembile Ntombela maNdaba,...
World Economic Forum
WEF24: GenAI poised to revolutionize energy sector
The GCC -- with countries such as Saudi Arabia, the UAE, Kuwait, and Qatar -- plays an important role in...
Interview
Most Read
Interview
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...
- Geopolitical tensions, including the Russia-Ukraine conflict, Middle East unrest, and China-Taiwan ties are key economic disruptors, says Bill Browder of Hermitage Capital.
- Economic outlook remain tough with inflation-growth conflict as US stays stable, Europe stagnant, and China slowing, spotlighting on central banks' strategies, he adds.
Interview
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...
- ASI & AI Tutor is collaborating with the UAE Ministry of Education to democratize learning with AI tutors, its 20-year-old CEO Quddus Pativada tells TRENDS.
- Expanding its user base across Africa, Europe, and North America, the company plans to extend beyond the UAE, while developing tools to aid teachers, he adds.
Interview
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...
- There is a need for global policy alignment to meet the rising energy demands and tackle climate change challenges, Marco Arcelli, CEO of ACWA Power, tells TRENDS.
- AI revolutionizes energy production, including water desalination, spearheading the irreversible shift towards renewable sources and green molecules, Arcelli adds.