Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Qatar to set up Centre for Fourth Industrial Revolution

The index of the manufacturing sector showed a fall of 5.2 percent in November 2023 compared to the previous month (October 2023).
By Hadeel Karnib
January 17, 2024 9:56 pm
  • A Centre for the Fourth Industrial Revolution will also be established in Vietnam.
  • WEF and GovTech Campus Deutschland announces the establishment of the Global Government Technology Centre Berlin.

Davos, Switzerland — The war in Ukraine, tensions in the Middle East, monetary policy in 2024, jobs, equitable economic growth, energy demand, artificial intelligence, and the need to find a common ground were some of the issues discussed at the third day of Davos summit.

C4IR to be established in Qatar

Several initiatives were also announced today. The World Economic Forum has signed a collaboration agreement with Qatar to establish a Centre for the Fourth Industrial Revolution (C4IR) in the Gulf state. A Centre for the Fourth Industrial Revolution will also be established in Vietnam.

HRI initiative

The World Economic Forum’s Humanitarian and Resilience Investing (HRI) Initiative announced more than 50 commitments, from over 40 partners, to boost impact investment in frontier markets.

Global Government Technology Center established in Berlin

The World Economic Forum and GovTech Campus Deutschland announced the establishment of the Global Government Technology Centre Berlin. Also, the First Movers Coalition (FMC) has reached 96 members, with more than 120 commitments to purchase near-zero emission goods and services by 2030.

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

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 role in the 4IR.

[adinserter block="4"]