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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...

UHNWIs drive Dubai’s luxury real estate growth

"The ultra-high-net-worth individuals (UHNWIs) have transformative impact on the real estate market. These individuals, with their discerning tastes and substantial...

Comprehensive data protection strategies are crucial

A solid Data Protection and Ransomware Recovery strategy includes several components, such as Data Identification and Flow Management, Data Risk...
  • Ransomware attacks are growing in size and scope, with 85% of organizations hit at least once, a significant increase from 76% the previous year, writes Mohamad Rizk of Veeam
  • Cyber insurance doesn't cover all ransomware costs, and policies are getting pricier. A comprehensive Data Protection and Ransomware Recovery strategy is vital for resilience

Russia, Africa build a new, fairer global architecture

"I would like to note that the African continent is emerging as a new center of power right before our...
  • Russia and Africa share a strong bond of friendship and mutually beneficial ties, with foundations laid in mid-20th century
  • Russia and African states are working together to build a new, fairer global architecture and protect international law

Expo bid validates Saudi Arabia’s diplomatic skills

While challenges remain in Saudi Arabia's bid for the Expo 2030 despite increasing global support, the Kingdom seems determined to...
  • Saudi Arabia's deepening relations with countries across the world are reflected in the growing support for its Expo 2030 bid
  • Despite competition from Busan and Rome, Saudi Arabia is strong contender due to global support and noticeable transformations

Erdogan’s visit a game-changer for Turkish-Gulf ties

For the wealthy Gulf states, combining their resources with Turkiye's defense and industrial achievements will produce lasting benefits not only...
  • Erdogan's visit was aimed to boost economic relations and tackle Turkey's economic challenges, writes Turkish Professor Ibrahim Karataş
  • Major agreements were signed with Saudi Arabia and the UAE, with a strong focus on defense and economic cooperation, he adds

GCC governments focus on service fee reform

"Sometimes, the fees have undermined their intended purpose as a cost recovery tool for the provision of a service. For...
  • GCC governments grapple with a complex web of service fees hindering businesses and residents
  • Unintended consequences turn fees into long-term taxes, undermining their original purpose

Towards the next 50 years between Japan and UAE

"In education, Japan is working to promote study exchanges and internships for Emirati students and young professionals. Japan continues to...
  • Japan has contributed significantly to the development of the UAE's oil industries and infrastructure since the 1960s, writes Japanese Prime Minister Fumio Kishida
  • Cooperation between Japan and the UAE spans sectors such as climate change, education, science and technology, space, and defense, the Japanese PM points out

US is on course for soft landing, may avoid recession

During periods of economic stability, government focus typically gravitates towards infrastructure development. Investments in sectors like construction, transportation, energy, utilities,...
  • The Consumer Price Index (CPI) rose just 0.2% in June and was up 3% from a year ago, says Nigel Green, the CEO and Founder of deVere Group
  • The Federal Reserve seems to be successfully controlling inflation without pushing the United States into a recession, opines Nigel Green

Act wise as institutional investors fuel Bitcoin’s rise

This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could...
  • As Bitcoin charts an impressive course, hitting a 12-month high, one major catalyst can be attributed to the growing interest of institutional investors in the cryptocurrency
  • This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could be the US's first Bitcoin spot ETF

Gulf states’ sovereign funds drive climate innovation

"The SWF investment in climate tech will help sustain the shift away from the Gulf States' traditional source of income...
  • Gulf States, with their vast land reserves, can provide the necessary space for setting up factories and infrastructure to facilitate climate tech companies
  • Sovereign Funds have potential to play a leading role in supporting the transition to a cleaner economy and ensuring a sustainable future for the region

Word power: Gender-neutral language need of the hour

"Despite all of the lovely words spoken by every company and organization during events such as International Women’s Day to...
  • Many airlines and airports continue to use gender-specific language despite efforts towards gender equality in the Gulf region
  • Gender-specific language is a reminder of historical bias that hinders efforts towards gender equality and this needs to change

IoT Connectivity: The Backbone of Modern Business

As IoT protocols evolve, companies are building robust infrastructure to support applications across sectors, from asset tracking in logistics to...

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Bahrain emerges as a thriving hub for tech startups

Entrepreneurs equipped with the right skills, a robust business strategy, and the ability to forge meaningful collaborations are well-positioned to...

Acute hunger, healthcare collapse worsen Gaza crisis

The situation in Gaza is a humanitarian catastrophe, with hospitals like Al-Shifa and Al-Sahaba facing dire shortages of medical supplies...

Navigating the rising tide of cyber threats in GCC

"Critical infrastructure organizations are distinct from other enterprises; their downfall could bring entire sectors of the economy down with them....

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Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
  • Earth's vital signs are failing with record emissions and extreme weather events, signaling a climate emergency.
  • UN makes an urgent call for global leaders to prevent a planetary catastrophe by meeting Paris Agreement goals.

Time to transform climate commitments into action

"At COP28, governments need to focus on two timeframes: an immediate surge in climate action and a springboard for the...
  • The climate crisis escalates, demanding bold action at COP28 in Dubai, says UN Climate Change Executive Secretary Simon Stiell.
  • Developing nations require substantial financial support for climate resilience and renewable energy initiatives, he adds.

Social media plays key role in shaping online trading

"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
  • Social media has opened up opportunities for independent and self-motivated online traders.
  • Financial guidance is actively sought on social media platforms, especially by young investors.