Lab-grown diamonds robbing southern Africa of riches
Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for...Business
Stock markets strike records despite geopolitical unrest
Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...Business Economy
Meraas awards construction contract
The $272m contract has been awarded for Bluewaters Bay.The contract is aimed at creating Dubai’s next iconic waterfront destination, with completion scheduled for Q4 2027, the company said.
Bluewaters Bay will feature two residential towers linked by a dynamic podium, offering 678 apartments, ranging from one to four bedrooms, including penthouses.
Hong Kong’s property distress hurting banks
Distressed property sales in Hong Kong are beginning to bite banks with average prices of office buildings, shopping malls and...Nearly 40 percent of the US$4.36 bn in Hong Kong commercial real estate transactions in 2024 suffered losses
Rising office vacancies and softening rents threaten the quality of US$80 billion in commercial real estate loans at five major banks
Davos2025: 33 industrial clusters from 16 countries commit to economic growth, jobs creation and emissions cuts
The Transitioning Industrial Clusters initiative aims to improve collaboration and develop a shared vision among co-located companies and public institutions,...The initiative’s 33 members from 16 countries represent combined potential greenhouse gas emissions reductions comparable to the annual emissions of Saudi Arabia
A new report highlights the critical role that industrial clusters play in accelerating the deployment of clean-energy infrastructure at scale worldwide
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.
US$1.5 billion Amazon protection plan launched in Davos
A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise...The Amazon closer to the point where it becomes a net emitter of carbon emissions
EU's 27-nation bloc will stick to the landmark Paris climate accord
Social media’s evolving role in GCC spotlighted at Doha conference
Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub
Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics
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
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,
