Building Smart Cities Starts with Listening to People
Successful smart cities address real challenges, like Mexico City’s digitalization of government services.
Economy
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...
Interview
Economy
China’s manufacturing activity drops despite lifted Covid restrictions
For more than two years, China had insisted on a zero-Covid strategy of stamping out outbreaks with strict quarantines, lockdowns...
- The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 47 points, down from November's 48
- The index has not been in positive territory since September, and December's figure was lower than the 47.8 reading predicted by Bloomberg analysts
Economy
UAE secured 41.5% of Japan’s crude oil needs in November
Japan imported a total of 77.53 million barrels in the month, according to the Japanese Ministry of Economy, Trade and...
- Japan imported a total of 77.53 million barrels in the month, according to the Japanese Ministry of Economy, Trade and Industry
- Over 95%, originated from six Arab countries: UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman, with the Emirates being the Asian nation's top exporter of oil
Economy
UAE tops Arab world in exports worth US$142.5bn in 2021
Abu Dhabi--The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with...
- The UAE's manufacturing industry exports account for 43.9 percent of overall Arab exports of manufacture, owing to strong growth in the field of re-exports
- In Arab countries manufacturing industry exports totaled $325 billion in 2021, up from $244 billion in 2020, a 33.2 percent increase
Economy
Gold set for strong quarterly rise after interest rate-driven drop
Gold prices moved up on Friday, as the non-yielding metal is on course to close its best quarter since June...
- Gold prices moved up on Friday, as the non-yielding metal is on course to close its best quarter since June 2020
- Back-to-back rate hikes by the US central bank pushed gold to a more than two-year low in September
YEARBOOK 2023
Inflation, uncertainty rule as 2022 comes to an end
The country profiles -- arranged in alphabetical order -- summarize recent data, presenting statistical narratives of a country that include...
- As the new year is set to begin, TRENDS wishes all its readers a very happy and prosperous New Year.
- We also consider it crucial to review and document the profiles of the important countries in the region and across the world.
YEARBOOK 2023
Data set to drive GCC telecom growth in 2023
Mobile data service revenues are expected to reach 60 percent of the total GCC mobile service revenues by 2026.
- The GCC mobile market is forecasted to grow meagerly at a CAGR of 1.9 percent during 2021-26.Â
- To arrest a further decline in voice revenues, mobile operators have been selling mobile voice and data service bundles.
Business
Dubai records US$2.6bn in weekly real estate transactions
DUBAI, UAEÂ - A total of 2,790 real estate transactions worth US$2.6 billion (AED9.6 billion) were conducted during the week...
- A total of 2,790 real estate transactions worth $2.6 billion were conducted during the week ending December 30, 2022.
- The DLD report showed that 179 plots were sold for $378 million.
Business
Dubai Courts, Moro Hub ink pact to enhance cooperation in cyber security
DUBAI, UAE - Dubai Courts signed a Memorandum of Understanding with Moro Hub, a subsidiary of Digital DEWA, the digital...
- Leveraging on Moro’s capabilities, the MoU will serve the society’s interest in providing a comprehensive legal framework to combat cybercrimes.
- The MoU will help in exchange of knowledge and leverage on expertise as per Dubai Courts mission of achieving precise and swift justice.
Geostrategy
10 oil field workers killed in Syria attack, says state media
BEIRUT, LEBANON -  An attack in eastern Syria killed 10 oil field workers, state news agency SANA reported on Friday, a...
- In addition to 10 dead, two others have been wounded in a terrorist attack that targeted three buses transporting workers from al-Taim oil field, state media said.
- The agency did not provide any information on the nature of the attack in the Kurdish-held area or who may be behind it,
Science
EAD imposes fines worth US$89,312 over environment violations
ABU DHABI, UAE - The Environment Agency – Abu Dhabi (EAD) has imposed 32 administrative fines, totaling US$89,312 (AED328,000) since...
- The Agency followed up with the violating establishments to ensure that corrective measures were taken to remove or mitigate the causes.
- Violations included submitting incorrect data to EAD, changing data contained in licenses, or polluting the soil, water or air in protected areas.
Building Smart Cities Starts with Listening to People
Successful smart cities address real challenges, like Mexico City’s digitalization of government services.
Economy
Company News
Latest News
Innovations spur Qatar’s petrochemical sector growth
"A fair, safe, and sustainable transition to low-carbon energy is crucial for protecting the planet and fostering economic growth. Achieving...
Economy
UAE president and UN chief discuss ‘collective action’ to address climate challenges
Dubai, UAE-- UAE President Sheikh Mohamed bin Zayed and UN Secretary General António Guterres discussed the importance of the conference...
COP28 UAE
Is 2030 the finish line for the Gulf Railway Project?
The Gulf Railway aiming for completion by 2030, will link GCC nations with a comprehensive rail network, marking a new...
Economy
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Economy
Morocco gardening school cultivates hope for marginalised youth
Launched by the Islamic Culture Foundation in 2018, Bouregreg Med-O-Med school provides free training to dropouts and other marginalized youths...
- Bouregreg Med-O-Med school in Morocco aims to raise awareness about climate change while promoting the social inclusion of marginalized young people
- The school has a nursery of local plants that are better adapted to water stress, which is crucial for Morocco as the country suffers its worst drought in almost 40 years
COP28 UAE
COP28 unveils oil and gas ‘Decarbonisation Charter’ to speed up climate action
Dubai, UAE--The COP28 Presidency Saudi Arabia have launched a landmark Oil and Gas Decarbonisation Charter (OGDC), a global industry charter...
- Around 50 companies, representing more than 40 percent of global oil production, so far have signed on to the OGDC
- COP28 President Dr. Sultan Al Jaber said several oil companies have adopted net-zero 2050 targets for the first time
Economy
COP28 ignites key climate change talks in Arab world
"The event focuses on transitioning the energy sector, demonstrating how strategic investments can foster prosperity without solely relying on fossil...
- Colombia's President Gustavo Petro emphasizes the significance of COP28 for addressing climate issues.
- Petro stresses on the transition from traditional energy sources to sustainable alternatives to save the Earth.