Qatar’s Producer Price Index for Feb down 0.33 percent year-on-year
Doha, Qatar -- Qatar's general Producer Price Index (PPI) for the industrial sector for February recorded 114.01 points, showing stability...Business
Aramco acquires stake in BHIG
The 50% equity interest in BHIG is Aramco-APQ joint venture.Company News Business
The Transformative Power of Travel
The framework for future-proofing tourism revolves around three core pillars: People, Planet, and Purpose. This vision is particularly evident in...The UAE’s We the UAE 2031 national development blueprint positions tourism as a key driver of economic growth, targeting a $123 billion contribution to GDP.
Similarly, Saudi Arabia’s Vision 2030 places tourism at the core of its diversification efforts.
AI’s US$19.9tn contribution: Insights from Tealium on digital economy’s future
By 2030, every dollar spent on AI-powered solutions is expected to generate US$4.60 in economic value, according to global analyst...Scaling AI solutions across industries presents significant challenges, particularly around data quality and privacy, Coyne said.
At Tealium, we take an active role in educating and empowering our customers to maximize AI’s potential while mitigating risks, he added.
GCC a key player in global freight and logistics industry, says Trukkin’s Dalmia
The region leverages a strategic major hub, advanced infrastructure, and economic diversification to fuel logistics demand, says Janardan Dalmia, Founder...The GCC Freight and Logistics market size is valued at US$76 billion in 2024 and is projected to reach US$110 billion by 2030.
Governments in the GCC are also reducing bureaucracy, and spending money on improving the infrastructure, Dalmia said.
Logistics: At the heart of economic activity
The global logistics market is expected to be around US$10 trillion in 2024, and is estimated to reach US$21.91 trillion...The logistics market revenue in 2023 was US$485 billion by airways, US$2.85 trillion by waterways, US$2.09 trillion by railways and US$3.52 trillion by roadways.
In the Arabian Gulf countries, the focus of the logistics and transport industry is moving from the UAE to Saudi Arabia.
The future of luxury residential development needs to be green and smart
The GCC luxury market segment has experienced significant growth, driven by an increase in the number of high-net-worth individuals. Accommodating...In the GCC, there's also a real focus on community. Dubai is the United Nations of the world, wherein one residential building might have neighbors from different nations.
We try to future-proof our building, technologically speaking, to allow people to evolve and go forward, says Belton.
New-Age Growth Comes Home to the GCC
The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...The GCC’s ongoing “giga” projects, economic diversification, focus on the digital economy, and emerging technologies all signal a promising future.
With over US$2 trillion invested in capital-intensive projects, the GCC’s future looks increasingly secure, despite persistent negative portrayals in parts of the Western media.
The future is already here
Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.
Salik 2024 net profit before taxes $348m
The toll operator's revenue increased by 6% to $626 million.The company said that EBITDA for the full year reached AED1.6 billion, a 13.6 percent YoY growth.
The Board of Directors proposes a dividend of AED619.8 million to be paid during H1 2025 (equivalent to 8.2645 fils per share).
China, Canada retaliate to Trump tariff war as markets fall
Washington, United States -- Mounting trade wars between the United States and its largest economic partners deepened Tuesday as huge...Trump had announced -- and then paused -- blanket 25 percent tariffs on imports from major trading partners Canada and Mexico in February.
The duties will hit over $918 billion in US imports from both countries, and are set to hamper supply chains for key sectors like automobiles and construction materials.
Future of Humanity – TRENDS’ yearly Special Issue now online
Dubai, UAE -- TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts...The edition delves into transformative themes such as GCC’s leadership in urbanization, smart cities, and logistics, as well as the role of AI in reshaping healthcare and finance.
It also highlights cultural diplomacy, the evolving digital economy, and the power of travel in shaping the human experience.
