INSEAD Day 4 - 728x90

Economy

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Celebrities, AI giants urge end to quest for superintelligence capable of outsmarting humans

Signatories include the "Godfather of AI" and 2024 winner of the Nobel Prize in Physics Geoffrey Hinton; Computer Sciences Professor...
  • Most major AI developers are striving for artificial general intelligence (AGI), a stage where AI would match all human intellectual capabilities, and even superintelligence
  • Speaking at an event organised by the media group Axel Springer in September, OpenAI CEO Sam Altman said that superintelligence could be achieved within the next five years

Norway’s wealth fund to enlist AI for managing climate risks

Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
  • The fund's head of active ownership, Wilhelm Mohn, said AI along with its own analysis tools would allow it to "streamline processes and enhance decision-making".
  • The fund urges the more than 8,600 companies it invests in worldwide to commit to net-zero carbon emissions by 2050.

OpenAI unveils search browser in challenge to Google

San Francisco, United States - ChatGPT-maker OpenAI on Tuesday announced an "Atlas" search browser, leveraging its artificial intelligence prowess in...
  • "This is an AI-powered web browser built around ChatGPT," OpenAI chief Sam Altman said in a streamed presentation
  • OpenAI has ramped up its challenge to Google, which has responded by rapidly building more AI capabilities into search and across its platform

Gold falls again as rally comes to halt, Asian markets drop

Gold and silver tumbled for a second day Wednesday, bringing a rally in the precious metals to a juddering halt,...
  • Bullion has seen an eye watering run-up since the turn of the year, helping it climb more than 60 percent and hitting multiple records
  • The rally has been built on a range of issues including a weaker dollar, expectations of interest rate cuts, falling bond yields and central bank buying

Iraq bans Roblox game platform citing ‘moral values’

Iraq has banned US gaming platform Roblox over what it described as sexual content, blasphemy and risks of online blackmail...
  • The popular site, which lets players build their own games, has repeatedly been accused of failing to protect its youngest players in recent years
  • Iraq's communications ministry said late Sunday that it wanted to "protect social order, preserve moral values" and "ensure the safety of internet users in Iraq."

US soliciting new bids for Moon mission amid SpaceX delays: NASA chief

The US space agency's Artemis program hopes to return humans to the Moon as China forges ahead with a rival...
  • Blue Origin is the Jeff Bezos-founded rival of SpaceX. That company currently has the contract for the fifth planned mission of the multibillion-dollar Artemis program.
  • US President Donald Trump's second term in the White House has seen the administration pile pressure on NASA to accelerate its progress.

OpenAI big chip orders dwarf its revenues – for now

New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence...
  • In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering 26 gigawatts of sophisticated data processors from Nvidia, AMD, and Broadcom
  • Silicon Valley-based Nvidia has announced plans to invest up to $100 billion in OpenAI over several years to build the world's largest AI infrastructure

China’s power paradox: record renewables, continued coal

Bangkok, Thailand -- Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal...
  • China accounted for 93 percent of new global coal construction in 2024, the Centre for Research on Energy and Clear Air (CREA) found.
  • China wants 3,600 gigawatts of wind and solar by 2035, but that may not meet future demand, risking further coal increases.

Non-Human Identities: How Agentic AI is creating a new, unseen frontier in enterprise cybersecurity risk

Adept at grasping context, planning and adaptive problem-solving, the agentic AI execute complex, multi-step processes with minimal human intervention or...
  • In order to interact with different systems on our behalf, agentic AI has given rise to non-human identities (NHIs)
  • The proliferation of NHIs in security blindspots, including leveraging cryptography assets, vastly increases the attack surface for malicious actors

OpenAI halts MLK videos as deepfakes spark outrage

Washington, United States -- OpenAI has suspended its Sora 2 artificial intelligence tool from creating videos of civil rights icon...
  • The slain civil rights leader's estate and OpenAI said the company would pause generations depicting King while it "strengthens guardrails for historical figures."
  • Videos reanimating other dead figures including Malcolm X, Michael Jackson, Elvis Presley and Amy Winehouse have flooded social media since Sora 2's launch on September 30.

Middle East conflict slows global growth outlook, World Bank says

Most economies saw forecasts downgraded as rising energy costs, inflation and borrowing expenses create fresh challenges for growth and development...

Latest News

GCC agriculture sectors post strong performance

Muscat, Oman -- Gulf Cooperation Council countries recorded strong performance in agriculture, livestock and fisheries during 2024, reflecting the growing...

MENA’s next tech breakthrough depends on infrastructure, not hype

Jamil Shinawi, CEO and Co-founder of AHOY and co-founder of Actual VC, speaks to TRENDS about risk, capital efficiency, and...

GCC startups will surprise the world by building culture-first tech

Snap’s regional chief Hussein Freijeh outlines growth plans across MENA and APAC in an interview with TRENDS, highlighting startups, creators...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

We are witnessing the rise of a maturing Web3 world: Nicole Valentine

The world has known the Middle East for its oil. But a new fuel is taking the main stage: knowledge,...
  • The key to alignment always starts with the numbers. Data has the power to tell a story that resonates with policy, business, and tech.
  • Today’s entrepreneur has a blockchain superhighway, they can access round the clock to conduct, transact, and build their businesses.

Six Middle East cafés feature in the world’s 100 best coffee shops 2026 list

Six coffee shops from the Middle East have secured places in The World’s 100 Best Coffee Shops 2026 list, highlighting...
  • The United Arab Emirates led the region with two cafés making the Top 100, reinforcing its position as a fast-expanding specialty coffee hub
  • Qatar and Oman achieved their first-ever entries in the global ranking, while Turkey’s Meet Lab Coffee returned to the list

Why the GCC should stop trying to build Silicon Valley and focus on owning it

Fahad AlSharekh says the GCC’s edge isn’t startup mimicry but global investment power — backing AI, infrastructure and category leaders...
  • The GCC’s strength is global investment power, not startup mimicry, Fahad AlSharekh tells TRENDS
  • Without exits and deep tech talent, chasing local VC hype is a mirage, he adds