INSEAD Day 4 - 728x90

Economy

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Fourth Industrial Revolution centers announced for Riyadh, Muscat, Pretoria

Davos, Switzerland -- The World Economic Forum (WEF) has announced signing agreements for three new Centers for the Fourth Industrial...
  • The upcoming centers in Muscat, Pretoria, and Riyadh will tackle critical global challenges with innovative solutions tailored to national and regional needs.
  • Additionally, the WEF announced that the C4IR United Arab Emirates has been renewed.

WEF25: Saudi delegation calls for nations to put “greater good” first

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to...
  • Saudi Arabia urges global cooperation and prioritizes private sector-led economic diversification
  • Key initiatives focus on AI, sustainability, and transforming industries for future growth

Billionaires on the rise globally- Oxfam Davos report

In its latest annual inequality report, “Takers Not Makers”, Oxfam explores how most billionaire wealth is taken, not earned. At least five...
  • At least five trillionaires are now expected within a decade
  • In 2024, the number of billionaires rose to 2,769, up from 2,565 in 2023

EXCLUSIVE: AI agents to reshape the future of work, says CEO Automation Anywhere

Davos, Switzerland: AI agents are set to revolutionize the way businesses operate, with tasks being divided into autonomous, AI-assisted, and...
  • Mihir Shukla reveals AI agents will revolutionize work, blending autonomous, assisted, and manual tasks
  • The company operates 300 million AI agents globally, with a growing presence in the Middle East

Oman launches New Nation Brand at Davos to enhance global presence

Muscat, Oman – Oman on Tuesday launched its New Nation Brand at the World Economic Forum in Davos in an...
  • Speaking at the event, Oman’s Minister of Economy Dr Said Mohammed Al Saqri expressed confidence in the brand’s ability to enhance the country’s standing on the global stage
  • He continued that the launch of the brand  in Davos was not only as an invitation to international investors and media to explore Oman's opportunities

There’s nothing more interlinked and global as international financial markets: Swiss president

In an exclusive interview with TRENDS, Swiss President Karin Keller-Sutter emphasized the critical role of financial stability in safeguarding global...
  • Keller-Sutter emphasized that financial stability is vital for maintaining global economic health, highlighting the deeply interconnected nature of international financial markets
  • She stressed the importance of countries acting from internal strength to ensure resilience and contribute effectively to global financial stability.

UAE leads solar energy growth with strategic projects

Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives...
  • The "Solar Outlook Report 2025" report outlines the rapid growth of solar energy in the Middle East and North Africa (MENA) region and the UAE’s key role in this transformation
  • Solar energy's share in the regional energy mix grew significantly, with solar capacity in MENA rising 23% in 2023 to 32 GW peak, and projected to exceed 180 GW by 2030

Social media’s evolving role in GCC spotlighted at Doha conference

Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought...
  • The conference, co-hosted by Msheireb Properties and The Business Year, explored critical themes critical to the GCC’s position as a leading investment hub
  • Julien Hawari, CEO of Million and Sirius Lab, highlighted key social media trends in the region, such as the rise of content driven by younger, tech-savvy demographics

UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...
  • Named in honour of the President Sheikh Mohamed bin Zayed Al Nahyan, the satellite was announced in 2020 by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum
  • MBZ-SAT marks a significant milestone in the UAE's satellite development journey, having been developed entirely by Emirati engineers at MBRSC

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...
  • The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy
  • This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

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...

Latest News

Tech leaders unite to propel future-critical sectors at GITEX GLOBAL 2025

Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding,...

OpenAI signs multi-billion dollar chip deal with AMD

OpenAI signed a multi-year partnership Monday with chipmaker Advanced Micro Devices as the ChatGPT-maker continues an investment spree to secure...

China’s chip challenge: the race to match US tech

Beijing, China - China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

AI in an ‘industrial bubble’ but will benefit society: Bezos

Turin, Italy - Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in...
  • "Investors don't usually give a team of six people a couple billion dollars with no product... and that's happening today," Bezos told an audience at Tech Week in Turin
  • Multiple technologies are in a kind of "golden age," he said, echoing language used by US President Donald Trump. "There's never been a better time to be excited about the future."

Abu Dhabi GDP grows 3.8% to $83.40bn in Q2 as non-oil sectors hit record

The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted...
  • Manufacturing remained the largest non-oil contributor at AED30.1 billion, accounting for 9.8 percent of total GDP.
  • Finance and insurance activities expanded 10.3 percent to a record AED21.8 billion, reinforcing Abu Dhabi’s position as a regional and global financial center.

Amazon adds AI muscle to connected home lineup

New York, United States - Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence capabilities...
  • Nearly 20 years after the launch of the Kindle e-reader, the Seattle-based online retail giant now offers a family of connected devices
  • The company has already made a major move into AI enhancements with the February launch of Alexa+, an upgraded version of the Alexa voice assistant