INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

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.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake
  • Aldar Estates has become the region’s largest integrated real estate services company with over AED3 billion worth of active contracts.
  • The platform manages more than 155,000 residential units, which is a 15 percent increase in the past two years.

India again refuse handshake with Pakistan in Asia Cup

Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he...
  • India angered Pakistan with a 'no handshake' stance in their previous meeting at the same venue in Dubai.
  • It was the first cricketing clash between the rival nations since a four-day cross-border conflict in May left more than 70 people dead.

UAE Council warns 98% of cyberattacks rely on social engineering

Abu Dhabi, UAE -- The UAE Cyber Security Council has cautioned that social engineering remains the most common tool used...
  • The Council’s Cyber Pulse campaign is raising awareness about the risks of social engineering and urging the public to verify sources before sharing personal data.
  • The council recommended monitoring official alerts and keeping up to date with cybersecurity guidance to remain protected.

UNGA80: World leaders to discuss framework for inclusive, accountable AI governanc

As there is no recognised body to govern AI on a global level, world leaders will gather in New York...
  • The UN says Artificial AI has been rapidly transforming the world including everything from self-driving cars to the analysis of medical images
  • However, it notes that the benefits of AI are unevenly distributed, and many countries struggle to access the tools which could transform their societies by supporting development

MBZUAI, G42 launch K2 Think: Leading open-source system for advanced AI reasoning

Abu Dhabi, UAE -- The Institute of Foundation Models at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and G42...
  • K2 Think embodies a new approach to building smarter, more efficient AI, as with just 32 billion parameters, it outperforms flagship reasoning models that are 20X larger.
  • This breakthrough in parameter efficiency makes K2 Think a powerful alternative for advanced reasoning, redefining what is possible with compact architectures

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.
  • The company's primary hot metal production remained steady at 1.34 million tons.
  • EGA sold 1.37 million tons of cast metal to over 400 customers in more than 50 countries, up from 1.31 million tons in H1 2024.

NYU Abu Dhabi team develops wireless pill to control gut neurons

Abu Dhabi, UAE -- Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate...
  • The technology was created by Khalil Ramadi, Assistant Professor of Bioengineering at NYU Abu Dhabi and NYU Tandon, and his team.
  • The capsule works without a battery, receiving power wirelessly through magnetic induction from an external transmitter.

Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
  • UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks.
  • According to the Council, these incidents account for nearly 35 percent of the total cyberattacks reported in the UAE.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • The two-year tenor also aligns well with TAQA’s maturity profile, as the Group has no corporate debt maturities scheduled in 2027.
  • This facility complements TAQA’s existing corporate funding framework, which includes a US$20 billion Global Medium Term Note (GMTN) program.

Big-ticket events boost international tourism and economic growth

Dubai, UAE --  ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to...
  • In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029.
  • Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030.

Embed AI in workflows so deep that it becomes invisible: Matt Cloke

Becoming AI-native starts with a shift in mindset. To harness its full potential, we need to see AI not as...

Latest News

GITEX GLOBAL Day 4: Security in a world driven by AI and data takes center stage

Dubai, UAE-- On the day 4 of GITEX GLOBAL 2025, policymakers, cybersecurity leaders, and innovators convened to address the most...

AI, robotics, energy systems, sensor networks: Four technologies driving the future of work

The report, Jobs of Tomorrow: Technology and the Future of the World's Largest Workforces, developed by the WEF's Global Future Council on...

Global experts and cybersecurity leaders convene in Dubai to inform future-ready solutions

The World Economic Forum will convene more than 500 experts from government, business, academia, international organizations, civil society and media,...
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INSEAD Day 4- 300x600

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Abu Dhabi GDP grows 3.8% to $83.40bn in Q2 as non-oil sectors hit record

The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted...
  • Manufacturing remained the largest non-oil contributor at AED30.1 billion, accounting for 9.8 percent of total GDP.
  • Finance and insurance activities expanded 10.3 percent to a record AED21.8 billion, reinforcing Abu Dhabi’s position as a regional and global financial center.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake
  • Aldar Estates has become the region’s largest integrated real estate services company with over AED3 billion worth of active contracts.
  • The platform manages more than 155,000 residential units, which is a 15 percent increase in the past two years.

India again refuse handshake with Pakistan in Asia Cup

Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he...
  • India angered Pakistan with a 'no handshake' stance in their previous meeting at the same venue in Dubai.
  • It was the first cricketing clash between the rival nations since a four-day cross-border conflict in May left more than 70 people dead.