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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Global workforce transformation by 2030: WEF predicts 78 million new jobs amid disruptive changes

The widening skills gap challenges employers, with over 59% of the workforce needing reskilling while millions risk redundancy due to...
  • One of the most pressing challenges identified by the report is the widening skills gap, with 63% of employers citing it as a significant barrier to transformation
  • Upskilling remains the preferred strategy for workforce adaptation, with 77% of employers planning initiatives to enhance their employees' skills

Study: Legacy technology not impeding adoption of AI and Machine Learning in UAE and Saudi Arabia

Manufacturers see AI as critical for decarbonization (66%), improving ESG scores, energy monitoring (55%), advancing digital twins (68%), and enabling...
  • The study, conducted by S&P Global Market Intelligence, surveyed over 120 digital transformation leaders from the utility, data center, building, and manufacturing sectors
  • It reveals that only 23% of respondents in 2024 identified legacy technology as a significant impediment to digitalization, a notable decrease from 33% in 2022

How public-private partnerships can ensure ethical, sustainable and inclusive AI development

Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies...
  • The rapid pace of AI development, growing awareness of its societal impact and the need to harness AI for good makes bridging the 'AI divide' essential
  • By collaborating, stakeholders can ensure AI advances responsibly, equitably and for the greater good, helping to build a more just and sustainable future for all

Advanced nuclear technologies and their role in the energy transition

New policies, public trust, and partnerships are crucial to accelerating these nuclear solutions. Platforms like the Forum’s Advanced Energy Solutions...
  • Nuclear energy is experiencing a renaissance but concerns around safety and cost remain
  • Advanced nuclear technologies can help address these concerns but some are only in the early stages of realization

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...

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Meta’s AI talent war raises questions about strategy

New York, United States -- Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates...

World Economic Forum unveils framework highlighting transformative technology convergences across key industries

Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions...

New WEF report reveals how tech convergence will reshape industries

Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries...

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ADNOC expands its STEM Education Programme to empower UAE students in AI

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...
  • Launched in January 2025, the Future of AI Schools Challenge received 14,500 applicants from 351 schools across the country
  • During the final, ADNOC and AIQ showcased how ENERGYai, the world’s first agentic AI solution for the energy industry

Google makes case for keeping Chrome browser in US court

Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off...
  • US government attorneys have called for divesting Google of Chrome browser, contending that AI is poised to ramp up it's dominance
  • They also want Google barred from agreements with partners such as Apple and Samsung to distribute its search tools

Generative AI’s most prominent skeptic doubles down

Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...
  • Marcus's criticism centers on a fundamental belief: generative AI, the predictive technology that churns out seemingly human-level content, is too flawed to be transformative.
  • The large language models (LLMs) that power these capabilities are inherently broken, he argues, and will never deliver on Silicon Valley's grand promises.