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DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
  • Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.
  • His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.

‘Global Collaboration Village aims to digitize and democratize WEF dialogues’

DAVOS: The future of global collaborations is being shaped by innovation and the ubiquitous embrace of immersive technologies, which continue...
  • GCV expands WEF’s mission by bringing diverse global perspectives into Davos through digital platforms, Huang, GCV president tells TRENDS
  • GCV’s digital extension, in partnership with Accenture and Microsoft, fosters year-round collaboration, he adds

Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...
  • The key report findings highlighted that there will be 78 million new job opportunities by 2030 but urgent upskilling is needed to prepare workforces.
  • The fastest-growing skills by 2030 will include technological skills alongside human skills, such as cognitive skills and collaboration.

Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath

Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...
  • Lithium-sulfur batteries are about half the weight of a lithium-ion batteries, but they have twice the energy density.
  • These batteries work better in heat and, therefore, will be better suited to tropical countries that are expected to grow at a much faster pace.

‘Middle East is a promising area with a lot of initiatives going on in the UAE, Saudi Arabia’

Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson,...
  • The Middle East is emerging as a key investment hub, with the UAE, Saudi Arabia, and Qatar leading ambitious initiatives, Hanson tells TRENDS in an exclusive interview
  • Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, he adds

Public-Private collaboration is crucial to tackling physical inactivity crisis: WFSGI CEO Emma Zwiebler

Emma Zwiebler, CEO of the World Federation of the Sporting Goods Industry (WFSGI), sat down exclusively with TRENDS at the...
  • In many regions, over 80% of youth aren’t getting enough exercise, and it’s affecting their future health, says Zwiebler
  • Technology and sedentary lifestyles are driving a worrying trend in inactivity, especially among youth, she adds

Davos25: Qatar, Saudi, UAE to lead GCC transformation, says Cytomate COO

DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading...
  • Since the discovery of hydrocarbons, GCC has been experiencing several economic models. Some of them proved to be working, some not.
  • "We do have one of the most advanced educational ecosystems. Qatar is leading the way in terms of that," Bilel said.

Davos25: Kyrgyzstan beckons with lax tax regime, says CEO of country’s tech hub

Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative...
  • Companies in Kyrgyzstan High Technology Park enjoy 1% tax on turnover and zero tax on certain activities, including crypto.
  • Our main focus is to attract partners who value skilled talent and are looking to collaborate with us, Abakirov said.

Davos25: Working in silos can’t resolve systemic issues, says Catalyst Now’s Galtung

Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with...
  • From 200 organizations in 2020, Catalyst Now has grown to 3,800 organizations working in 140 countries.
  • It's for the first time that there's a Social Innovation House in Davos. There is a commitment to do it again next year.

Exclusive: ADP’s Nela Richardson on how AI is reshaping the global workforce

Davos Switzerland - The rapid adoption of AI and automation is redefining labor markets, reshaping industries, and transforming skills globally,...
  • Drawing from insights in the Future of Jobs Report 2025, Dr. Richardson emphasized the dual forces of opportunity and risk that AI introduces to labor markets
  • Reflecting on the findings of the report, Dr. Richardson highlighted the critical gaps that need to be addressed, including the skills gap and the employers-employee disconnect

Art and culture retain power to humanize the Intelligent Age, says WEF’s Fowler

Davos, Switzerland -- In an age where artificial intelligence is reshaping our lives, the World Economic Forum's Arts and Culture...

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Readying for jobs of tomorrow: WEF’s Till Leopold stresses upskilling

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...

Lithium-sulfur batteries will transform energy storage, says Lyten’s Horvath

Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer...

‘Middle East is a promising area with a lot of initiatives going on in the UAE, Saudi Arabia’

Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson,...

Most Read

Davos25: Qatar, Saudi, UAE to lead GCC transformation, says Cytomate COO

DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading...
  • Since the discovery of hydrocarbons, GCC has been experiencing several economic models. Some of them proved to be working, some not.
  • "We do have one of the most advanced educational ecosystems. Qatar is leading the way in terms of that," Bilel said.

Davos25: Kyrgyzstan beckons with lax tax regime, says CEO of country’s tech hub

Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative...
  • Companies in Kyrgyzstan High Technology Park enjoy 1% tax on turnover and zero tax on certain activities, including crypto.
  • Our main focus is to attract partners who value skilled talent and are looking to collaborate with us, Abakirov said.

Davos25: Working in silos can’t resolve systemic issues, says Catalyst Now’s Galtung

Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with...
  • From 200 organizations in 2020, Catalyst Now has grown to 3,800 organizations working in 140 countries.
  • It's for the first time that there's a Social Innovation House in Davos. There is a commitment to do it again next year.