Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore,...
Global investors dumped tech stocks following the emergence of a low-cost Chinese AI assistant startup DeepSeek that would threaten Nvidia....
It aims to enhance global cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges. Saudi’s...Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of the Kingdom will head the Saudi delegation.
During their participation at WEF23, the delegation will outline progress achieved under Saudi Vision 2030.
- Dubai, UAE-- Emirates NBD has announced the successful pricing of its inaugural AED1 billion ($272 million) dirham-denominated bond, the first...
The three-year bond saw strong demand, with the order book peaking at over AED1.65 billion.
The issuance is the bank's first dirham-denominated bond since the Ministry of Finance created a medium-term yield curve.
- Paris, France--French luxury group LVMH announced a leadership shuffle on Wednesday, naming new chief executives at major brands Christian Dior Couture...
LVMH said in a statement that Delphine Arnault will become CEO of Dior perfume and fashion house
Bernard Arnault said in a statement that his daughter's appointment is the "continuation of a career of excellence in fashion and leather goods"
- TiKTok chief executive Shou Zi Chew held official talks for the first time with EU vice presidents Margrethe Vestager and...
TikTok has come under fierce Western scrutiny in recent months over concerns about how much access Beijing has to user data
Last month, TikTok admitted that ByteDance staff accessed data from the app to track journalists in a bid to identify the source of leaks to the media
The company formerly known as Facebook is facing increasing pressure and fines to curb its practice of delivering narrowly targeted...Meta said that the changes reflected feedback from parents and experts and would comply with new rules in several countries on content geared at young people
After a long legal tussle, Meta was handed a 390-million-euro ($413-million) fine last week as part of a years-long tussle with the European Union over advertising
The latest statistics of the Central Bank attributed the monthly increase in foreign assets to the rise in bank balances...The latest statistics of the Central Bank attributed the monthly increase in foreign assets to the rise in bank balances with banks abroad by 2.2 percent
Central Bank statistics indicated that other foreign assets reached AED58.12 billion at the end of last October, a decrease on a monthly basis of 8.3 percent
Dubai, UAE--Dubai Chamber of Commerce has launched the printing and publishing business group to boost the sector’s competitiveness and support...According to Sharjah Publishing City, the UAE’s publishing sector is expected to grow to US$650 million by 2030
The newmbusiness group is part of the chamber’s plans to increase the number of business groups that represent economic sectors and activities in Dubai
As Emiratization and Saudization requirements are mandatory for all businesses operating in the region, and large expatriate workforces are also...In the fast-paced and adapting modern world, businesses must strive to stay on-top of ever-changing regulations and environments in which they operate
Technology is helping to maintain business organization through detailed management software, to structure, analyse, review, assess and monitor employees as well as businesses
- Airbus sold 661 planes as against Boeing's 480.
In terms of deliveries, Airbus finished the year having 661 planes arrive with clients, much higher than Boeing's 480
Both companies have been forced to reset expectations about their capacity to build planes as quickly as the industry would like
Face and iris recognition technology vary by country in the region, and expecting it to be implemented in many airports...Facial recognition techniques vary in each country, and expecting it to be implemented in many large airports around the world in a short time is unrealistic, says an expert
People and organizations involved in the passenger moving process must strike a proper balance in terms of how they can begin implementing biometric technologies, he adds
