Business - TRENDS MENA

Beijing, China -- The United States has taken aim at China's Huawei over the cutting-edge chips powering artificial intelligence (AI),...
The Trump administration is seeking to change the ways the US limits China's access to state-of-the-art semiconductors needed to develop AI.
Chinese firms like Alibaba and Xiaomi have announced huge investments in AI in what experts say feeds into a national goal to cut reliance on foreign suppliers.
Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the...
With the XRING O1, it becomes only the second smartphone brand globally after Apple to mass produce its own 3-nanometre chips, among the most advanced on the market.
Xiaomi took early steps into semiconductors for smartphones with the launch of the firm's first in-house chip, the Surge S1, in 2017.
Abu Dhabi, UAE -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the...
The total bids received reached AED 6.93 billion ($1.88bn), reflecting an oversubscription rate of 6.3 times.
The auction results highlighted competitive, market-driven pricing with a Yield to Maturity (YTM) of 3.99 percent for the May 2027 tranche and 4.06 percent for the May 2030 tranche
San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure...
The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition from ChatGPT.
A new AI Mode enables conversational interaction with Google during search queries, providing answers in diverse formats, such as video, audio or graphs.
Damascus, Syria -- Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports...
Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the country's infrastructure and economy after almost 14 years of civil war.
The conflict badly damaged Syria's power infrastructure, leading to cuts that can last for more than 20 hours a day.
London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...
Marks last week revealed that some personal data of its customers had been stolen in a cyberattack that has crippled its online services for weeks.
The news came as Marks on Wednesday reported operating profit before adjusting items of £985 million for its financial year to the end of March.
Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...
There are fears that such a sharp escalation could tip the Middle East into a war, with tensions already high over Israel's strikes on Gaza.
While safe haven gold pushed higher, the news from CNN appeared to be having little detrimental effect on Asian equities, with most extending the previous day's rally.
This is a 30% YoY increase over Q1 2025.
Total revenue saw a 15 percent rise compared to Q1 2024, supported by both passenger and cargo business.
With nearly 20 million passengers carried over the last 12 months, Etihad is the fastest-growing airline in the region.
Net income rose to $36.4 million, a 17% YoY increase.
From immersive local experiences to AI-powered personalization, Muzzammil Ahussain, CEO of Almosafer, shares key trends shaping the future of travel.
Japan, Korea, Singapore, Malaysia, and Thailand are growing heavily from this region as connectivity improves.
Europe remains strong, but even in Europe, they're exploring more. Before, it was much more London only.