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Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

‘Cultural initiatives key to nation’s advancement’

"Poetry holds a distinguished position among literary arts, especially within the Arabic language. As the foundational literary form in Arabic,...

Ajman eyes endowment-driven growth, social solidarity

"Reports with statistics on the number, types, values, and uses of endowments enable us to make appropriate decisions regarding endowment...

UAE emerges as a new leader in global healthcare

“This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but...
  • The Gulf country maintains its competitive edge in healthcare through advanced infrastructure and a skilled workforce, underscoring its commitment to healthcare excellence.
  • The UAE's ministry along with key departments showcases innovative health initiatives on the 'Emirates Health' platform, highlighting strategies for future healthcare development.

Embracing renewables secures UAE’s green future

"COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair,...
  • UAE, under Dr. Sultan bin Ahmed Al Jaber's leadership, actively promotes global renewable energy.
  • The 'UAE Consensus' at COP28 sets specific goals for a zero-carbon energy system, Al Jaber adds.

UAE leads in cybersecurity for unmanned systems

"The digital transformation, which relies on artificial intelligence technologies, has touched all sectors and contributes to improving the quality of...
  • Dr. Mohamed Hamad Al Kuwaiti stresses the importance of cybersecurity in unmanned and autonomous systems.
  • The UMEX and SimTEX exhibitions showcased the UAE's esteemed position as a global hub for unmanned systems.

Qatar’s strategic initiatives boost sustainable infra

"The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are...
  • Maha Sultan Al Sowaidi, Qatar Central Bank Assistant Governor, emphasizes technology's role in shaping prosperity and economic resilience.
  • Second edition of the Qatar Financial Market Forum focuses on "Trends Shaping Emerging Markets and Sustainable Infrastructure and Mobility.

Airports fly into technology, security innovations

“The future of travel heavily depends on the transformative power of biometrics and touchless passenger experiences. These innovations aim to...
  • Thani Alzaffin of Emaratech Group highlights the crucial role of advanced technologies in modernizing airport security.
  • Middle Eastern airports are adopting state-of-the-art security measures, including facial recognition and iris scans.

‘Multilateral cooperation remains crucial for peace’

"The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians,...
  • UAE Minister Khalifa Shaheen Almarar emphasizes on multilateralism, cooperation, and adherence to international law and UN Charter.
  • Almarar also highlight of the UAE's relief efforts in Gaza and contributions as a non-permanent UN Security Council member.

Global leaders need digital skills for AI management

"Governments should design solutions to face these challenges rather than ignoring them, leveraging the positive effects and significant opportunities presented...
  • Equipping global leaders with digital skills will ensure effective implementation across various economic sectors.
  • The success of governments is tied to their proactive approach in adapting to new technological advancements.

Dubai at forefront of sustainable energy innovations

“We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose...
  • DEWA’s state-of-the-art infrastructure bolsters Dubai's global economic and trade hub status.
  • World's largest solar-powered desalination plant is set to enhance the emirate's water security.

Saudi Arabia leads world in innovation and investment

"This is in the service of humanity and in building an interconnected and innovative future in various fields, including public...
  • Saudi Arabia has emerged as a major technology hub with a $43 billion market.
  • The Kingdom sees significant growth in women's empowerment and digital capabilities.

Saudi Vision 2030 aligns with global eco-goals

"The Davos meeting provides a platform for showcasing Saudi Arabia’s significant efforts and progress in these areas ... International partnerships...
  • Saudi Arabia commits to economic diversification through Fourth Industrial Revolution technologies.
  • The Kingdom's participation in the World Economic Forum highlights its role in global challenges.

‘Cultural initiatives key to nation’s advancement’

"Poetry holds a distinguished position among literary arts, especially within the Arabic language. As the foundational literary form in Arabic,...

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Finland, UAE eye collaborations in clean technologies

"There's considerable work to be done to establish a level playing field where low-energy technologies can be freely traded. I...

WTO reforms essential to meet global challenges

“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...

UAE’s economy rides on tech and renewable energy

"The UAE's dedication to innovation and international partnerships as vital to enhancing its position on the global economic stage, bolstering...

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Bank plays crucial role in funding sustainable future

"We continue to capitalize on the promising opportunities in this market through innovative offerings and solutions, while strengthening our substantial...
  • ADIB launches a framework aimed at supporting environmental protection and social justice projects.
  • The Abu Dhabi-based bank is first global financial institution to issue US dollar-denominated green sukuk.

Strategic initiatives help UAE lead digital economy

“This economy merges national skills and technological solutions, creating an advanced model that contributes to achieving the goals of the...
  • The UAE is aiming to significantly boost the digital economy's contribution to the non-oil GDP over the next decade.
  • Efforts are being ramped up to accelerate the adoption of digital solutions across various sectors in the Gulf country.

WEF24: Pragmatic actions to help in carbon neutrality

Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact...
  • Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact Partners tells TRENDS.
  • He stresses the need for concrete action, emphasizing the importance of pragmatic strategies and sustained investment to overcome the challenges of climate finance.