MENA energy transition slips as Hormuz crisis exposes security gaps: WEF
Hormuz disruption and weakening policy commitment dragged down Middle East transition readiness in 2026. Saudi Arabia bucked the trend with...
Geostrategy
MEA market decision-making cycle is fast but risk-averse: Ralph MelisÂ
The Middle East and Africa (MEA) markets are characterized by rapid growth, high owner influence, diverse operator models, and a...
Interview
Business
Saudi table egg production crosses 8 billion, achieves 100% self-sufficiency
Riyadh, Saudi Arabia -- Saudi Arabia's poultry sector has reached complete self-sufficiency in table egg production, with output surpassing 8...
- Saudi agriculture ministry said the kingdom's egg production not only meets domestic demand but also generates a surplus, reinforcing national food security.
- The ministry also emphasized its commitment to enhancing food quality, safety, and availability across local markets.
Arts & Culture
West Bank eviction film ‘No Other Land’ wins best documentary Oscar
Jerusalem --Â No Other Land, a documentary about Israeli settlement in the occupied West Bank, has won the best documentary award...
- Shot in Masafer Yatta near the West Bank city of Hebron, the documentary follows a young Palestinian struggling with forced displacement.
- After a long legal battle with Palestinian communities, an Israeli supreme court ruling in 2022 paved the way for the eviction of the area's more than 1,000 residents.
Geostrategy
Future of Humanity – TRENDS’ yearly Special Issue now online
Dubai, UAE -- TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts...
- The edition delves into transformative themes such as GCC’s leadership in urbanization, smart cities, and logistics, as well as the role of AI in reshaping healthcare and finance.
- It also highlights cultural diplomacy, the evolving digital economy, and the power of travel in shaping the human experience.
Business
Abu Dhabi real estate transactions reach $4.69bn in Jan, Feb 2025
Abu Dhabi, UAE -- Real estate transactions in Abu Dhabi reached AED17.24 billion ($4.69 billion) in the first two months...
- Real estate sales transactions since the beginning of the year have totaled AED 9.8 billion across 2,676 transactions.
- The total value of usufruct transactions has exceeded AED229 million for 28 properties.
Geostrategy
Two lunar landings in a week for NASA’s private Moon fleet
Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...
- First up is Firefly Aerospace's Blue Ghost Mission 1, nicknamed "Ghost Riders in the Sky."
- Blue Ghost's arrival will be followed on March 6 by Intuitive Machines' IM-2 mission, featuring its lander, Athena.
Geostrategy
Europe backs Zelensky after White House showdown with Trump
German Foreign Minister Annalena Baerbock said the "unspeakable" row "underlined that a new age of infamy has begun". Friedrich Merz,...
- Russia backed Trump, who openly berated Zelensky on Friday and accused him of having "disrespected" the United States.
- European Union chiefs Antonio Costa and Ursula von der Leyen assured Zelensky in a joint statement that he was "never alone".
Arts & Culture
81 percent of Saudi population attends cultural events, activities in 2024: GASTAT
Riyadh, Saudi Arabia --Â Nearly 81.6 percent of Saudi individuals visited at least one cultural event or activity in 2024, according...
- The survey said that 85.3 percent attended at least one entertainment event or activity.
- The data showed that 65.8 percent of individuals visited parks and gardens, 40.5 percent attended national celebrations.
Business
How cyber criminals steal cryptocurrency
Hackers from North Korea have become notorious for their sophisticated and relentless tradecraft, according to Chainalysis. Nearly 60 percent of...
- A recent $1.5-billion heist of Ethereum from the Bybit platform -- attributed by the FBI to North Korean hackers -- is believed to be the largest yet.
- Cryptocurrencies are based on blockchain technology, which publicly records transactions between people holding and exchanging them.
Business
Clip of Gaza as seaside resort posted on Trump social media accounts
The video, which racked up more than 15 million views on Instagram and was shared thousands of times on Trump's...
- The 33-second clip remained on Trump's accounts without denial or retraction hours after the initial posting.
- Trump has floated the idea of a US takeover of Gaza under which its Palestinian population would be relocated -- a proposal met with global condemnation.
Business
AI to replace 4,000 jobs in Southeast Asia’s largest bank: DBS
Singapore, Singapore -- Southeast Asia's largest bank DBS said that 4,000 jobs could be cut in the next three years...
- A Bloomberg Intelligence report last month said banks worldwide will cut as many as 200,000 positions in the next three to five years due to AI.
- Last year, the International Monetary Fund said AI could affect around 40 percent of jobs around the world.
Most Read
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
MENA energy transition slips as Hormuz crisis exposes security gaps: WEF
Hormuz disruption and weakening policy commitment dragged down Middle East transition readiness in 2026. Saudi Arabia bucked the trend with...
Geostrategy
Company News
Latest News
Trump trade war pushes firms to consider stockpiling
Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...
Business
ATM 2025 to showcase 2,800 firms, 17 percent from Middle East
Dubai, UAE: The Arabian Travel Market, which will take place from Apr 28 to May 1 at the Dubai World...
Business
Saudi Arabia’s merchandise imports rise 8 percent to $19.34bn in Jan
Riyadh, Saudi Arabia -- Saudi Arabia’s merchandise imports increased 8 percent year-on-year (YoY) to SAR 72.6 billion ($19.34 billion) in...
Most Read
Geostrategy
US Pentagon chief says military ready to ensure Iran never gets a nuclear bomb
Washington, United States -- The US defense secretary reiterated Sunday that the United States hopes for a diplomatic solution to...
- US and Iranian diplomats opened indirect talks Saturday in Oman in an effort to resolve Western concerns about Iran's nuclear program.
- Trump said Wednesday that military action was "absolutely" possible -- in conjunction with Israel -- if the talks in Oman failed.
Geostrategy
US-funded Arabic network ends broadcasts after Trump cuts
The network went on air in 2004, when US officials were complaining about coverage of the Iraq war from Qatar-backed...
- But it has faced stiff competition from Al-Jazeera as well as Al-Arabiya, which is funded by Saudi Arabia, and more recently UAE-backed Sky News Arabia.
- The Trump administration, in part of a sweeping cost-cutting drive led by Elon Musk, in March said it was ceasing all financial transfers for US government-supported media.
‘Diriyah Tan’ unveiled to celebrate Saudi tourism hub’s rich heritage
Riyadh, Saudi Arabia -- Diriyah Company has collaborated with Pantone to produce "Diriyah Tan," a color that embodies the essence...