GCC as the bridge in a fragmented global ad tech market
S4 Capital founder Martin Sorrell tells TRENDS digital dominance, AI disruption and consolidation are reshaping global advertising, urging agile, tech-first...
Weaker dollar creates window for international property buyers in Dubai
Dubai faces substantial supply headwinds that may absorb currency-driven demand without triggering significant price gains. Approximately 45,000-50,000 new residential units...
3 ways travel drives economic growth while enhancing global connections and sustainability
WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and...
- Effective cross-sector and cross-border partnerships are key to unlocking the full potential of global connectivity
- Innovations and investments in technology can be leveraged to enhance connectivity through travel
Cybersecurity in 2024: From talent shortages to resilience against emerging tech risks
In 2024, cybersecurity remained central, addressing skill gaps and the impact of generative AI. A Strategic Cybersecurity Talent Framework offered...
- Cybersecurity in 2024 focused on talent gaps, emerging tech, and resilience
- Public-private efforts tackled cybercrime and evolving digital threats
Asian markets retreat as China pledges fail to spark excitement
Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders...
- Beijing began unveiling in September a raft of policies to reverse a growth slump
- All three main indexes in New York closed in the red
Business
Fifth France-Arab Summit: Forging partnerships for a sustainable tomorrow
As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...
- The event, under the high patronage of French President Emmanuel Macron, brings together governments, businesses, and visionaries
- By working together, France and the Arab world have the opportunity to shape the future
ECB to cut rates again amid bleak eurozone outlook
The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...
- The central bank hiked rates aggressively from mid-2022 to tame surging energy and food costs
- Eurozone's anaemic growth rates are weighing down the broader single currency area
World Bank announces record $100 bn support for world’s poorest countries
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some...
- The Bank can use this money to borrow on financial markets
- This funding will be deployed to support the 78 countries that need it most
OPEC+ expected to extend oil supply cuts to avoid drop in prices
Without a new agreement, the eight countries which have been making voluntary additional production cuts of 2.2 million barrels per...
- The supply cuts are only having a muted impact on the market, with US president-elect Donald Trump expected to adopt policies to boost US oil output
- OPEC+ nations are holding back six million barrels of oil a day, including the 2.2 million barrels a day of output that they have been discussing putting back on the market
Seoul stocks sink amid S. Korea drama as Asian markets struggle
South Korean stocks sank more than two percent Wednesday while the won rebounded from earlier losses after President Yoon Suk...
- The Kospi index shed as much as 2.3 percent at the open
- The won tumbled more than three percent to a two-year low of 1,444 per dollar
Economy
Non-oil sectors drive robust growth in GCC countries, says World Bank report
While developing countries paid a record US$1.4 trillion to service debts, the non-oil sectors in the GCC countries are fueling...
- "The [GCC] region has shown remarkable resilience in the face of global disruptions, moving steadily on their diversification agenda."
- Saudi Arabia's growth is expected to accelerate to an average of 4.7 percent in 2025-2026 as oil production increases.
Desertification talks open in Saudi Arabia as experts fire warning
UN talks aimed at halting the degradation and desertification of vast swathes of land start in Saudi Arabia. Forest loss...
- 3.7 billion acres must be restored by decade's end to combat crises
- Forest loss and degraded soils were reducing resilience to climate change and biodiversity loss
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
GCC as the bridge in a fragmented global ad tech market
S4 Capital founder Martin Sorrell tells TRENDS digital dominance, AI disruption and consolidation are reshaping global advertising, urging agile, tech-first...
Company News
Latest News
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
Business
Floating wind power sets sail in Japan’s energy shift
Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a "trump card" in its drive to...
Geostrategy
UNGA80: World leaders to discuss framework for inclusive, accountable AI governanc
As there is no recognised body to govern AI on a global level, world leaders will gather in New York...
Science
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Business
Stocks rise on $5 billion Nvidia-Intel deal, Fed rate cut
Nvidia announced a $5 billion investment in struggling US rival to jointly develop chips for PCs and data centers. The...
- Investors were also reacting to Wednesday's US central bank decision to lower rates by 25 basis points, its first cut of the year.
- The decision to cut came even as US inflation runs well above policymakers' two-percent target, but analysts said the main focus was on the jobs market.
Economy
US Fed makes first rate cut of 25 basis points over employment risks as Trump mounts pressure
Fed Chair Jerome Powell stressed that the central bank remains "strongly committed" to maintaining its independence from politics, however, when...
- Fed Chair Jerome Powell stressed that the central bank remains "strongly committed" to maintaining its independence from politics
- He added that the Fed was "right to wait and see how tariffs and inflation and the labor market evolved" before lowering rates
Science
Scientists train AI model to predict future illnesses
Paris, France - Scientists said Wednesday that they had created an AI model able to predict medical diagnoses years in...
- Based on a patient's case history, the Delphi-2M AI "predicts the rates of more than 1,000 diseases" years into the future
- Researchers trained the model on data from Britain's UK Biobank -- a large-scale biomedical research database with details on about half a million participants