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Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Kuwait strips tens of thousands of citizenship since August 2024

The latest campaign abolishes naturalization by marriage, which only applied to women, and revokes citizenship granted to wives since 1987....

Masdar targets 100 GW of clean energy by 2030

Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...
  • Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint
  • In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector

UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...
  • Named in honour of the President Sheikh Mohamed bin Zayed Al Nahyan, the satellite was announced in 2020 by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum
  • MBZ-SAT marks a significant milestone in the UAE's satellite development journey, having been developed entirely by Emirati engineers at MBRSC

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...
  • The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy
  • This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...
  • The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy
  • Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators

1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo

Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...
  • YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content
  • Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation

Content creation key to awareness, culture, human development: Dubai ruler

Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...
  • The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,
  • For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place

UAE’s tech industry set to achieve record growth in 2025

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion...
  • The UAE has strengthened its position on the global map as an innovation-driven destination for the expansion of both global and emerging tech companies
  • International reports predict that the tech sector will continue to grow in areas such as artificial intelligence (AI), cloud computing, and emerging technologies like blockchain

Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition

Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...
  • The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025
  • Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally

Syria, Iran, Saudi Arabia, and Palestine test Washington’s strategy under Trump leadership

The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured...
  • Iran’s diminished influence in the region presents a potential opening for U.S. diplomacy, but Gause warns against the pitfalls of an aggressive regime-change agenda
  • Saudi Arabia’s regional strategy has undergone a significant transformation under Crown Prince Mohammed bin Salman, driven by the economic ambitions of Vision 2030

Global workforce transformation by 2030: WEF predicts 78 million new jobs amid disruptive changes

The widening skills gap challenges employers, with over 59% of the workforce needing reskilling while millions risk redundancy due to...
  • One of the most pressing challenges identified by the report is the widening skills gap, with 63% of employers citing it as a significant barrier to transformation
  • Upskilling remains the preferred strategy for workforce adaptation, with 77% of employers planning initiatives to enhance their employees' skills

Iraq’s water reserves lowest in 80 years after a dry rainy season

Baghdad, Iraq -- Iraq's water reserves are at their lowest in 80 years after a dry rainy season, a government...

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Israel will ‘take control of all’ of Gaza, says Netanyahu as WHO warns of famine risk

After more than two months of a total blockade, the World Health Organization issued a stark warning on the humanitarian...

AI talking trees feature at Chelsea Flower Show

London, United Kingdom -- Talking trees powered by AI, drought-resistant crops and sweet potatoes sprouting among flowers -- the prestigious...

Israel army announces ‘extensive ground operations’ in ramped-up Gaza campaign

Since a two-month ceasefire collapsed in March as Israel resumed its offensive, negotiations mediated by Qatar, Egypt and the United...

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General Gulf inflation rate logs 1.7% by end of Dec 2024

Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...
  • The increase is primarily driven by a 5.9 percent increase in housing prices and a 2.8 percent rise in the prices of goods and services.
  • The culture and entertainment group recorded a 1.8 percent increase, while both the food and beverages group and the education group rose by 1.2 percent each.

Saudi airline resumes first Iran hajj flights since 2015

Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first...
  • Flynas is a budget airline based in Saudi Arabia, which operates domestic and international routes.
  • Officials stressed that the flights were not commercial and were only for the hajj pilgrimage.

Pope Leo XIV: Mild-mannered American with global view

The 69-year-old pontiff saw the challenges facing the worldwide Catholic Church up close in two decades as a missionary in...
  • And he already has a keen grasp of the inner workings of the Vatican, thanks to two years in a powerful role within the Roman Curia.
  • With his calls this week for peace and in railing against inequality and social injustice, Pope Leo has drawn parallels with his reforming predecessor, Pope Francis.