INSEAD Day 4 - 728x90

Uncategorized

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Turkey starts supplying Azerbaijani gas to boost Syria’s power output

Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...
  • Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day
  • A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day

UAE begins pipeline project to ease Gaza water shortage

Jerusalem, Undefined -- The United Arab Emirates has begun construction on a major pipeline to carry desalinated water from Egypt...
  • Technical teams sent by the UAE have started transporting equipment needed for the project, the Emirati state news agency WAM reported.
  • The project would link a desalination plant in Egypt to the Al-Mawasi area along Gaza's coast and could supply about 600,000 people daily, COGAT said.

Saudi Arabia, UAE rank among top 20 nations globally for AI talent density

With the goal of becoming one of the world’s top 10 countries in AI research and application by 2030, Saudi...
  • King Abdullah University of Science and Technology (KAUST) enters top 150 universities globally for producing AI talent, becoming the highest-ranked university in Middle East
  • Saudi Arabia offers some of the most competitive compensation packages for AI talent globally, with top scientists earning a median annual salary of USD 420,000, tax-free

BRICS call for ‘unconditional’ Gaza ceasefire, condemn air strikes on Iran

The BRICS also called for a "full withdrawal of Israeli forces from the Gaza Strip and all other parts of...
  • The bloc's statement came as Gaza truce talks between Israel and Hamas resumed in Doha, and as pressure mounted to end the war.
  • The BRICS gathering includes Israel's arch foe Iran, but also nations like Russia, which have close ties with the country.

Gaza truce talks: Netanyahu says sending a team to Qatar after Hamas nod

But Netanyahu, who is due to meet with President Donald Trump in Washington on Monday, said the Palestinian group's proposals...
  • Trump has been making a renewed push to end nearly 21 months of war in Gaza, where the civil defense agency said 42 people were killed in Israeli military operations on Saturday.
  • Hamas said Friday it was ready "to engage immediately and seriously" in negotiations, and was sending its responses to the truce proposal.

Musk creates America Party to challenge US’s ‘one-party system’

The world's richest person -- and Trump's biggest political donor in the 2024 election -- had a bitter falling out...
  • Musk has clashed with Trump over the president's massive domestic spending plan, saying it would explode the US debt, and vowed to defeat lawmakers who voted for it.
  • Musk also shared a meme depicting a two-headed snake and the caption "End the Uniparty."

Iran says no plan for new US nuclear talks, plays down impact of strikes

Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and...
  • Iran's Foreign Minister Abbas Araghchi shut down what he said was "speculation" that Tehran would come to the table and said it "should not be taken seriously."
  • "I would like to state clearly that no agreement, arrangement or conversation has been made to start new negotiations," he said on state television

US hits back at accounts Iran moved enriched uranium before bombing

Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
  • Trump has lashed out angrily at media accounts of a classified report that doubted the extent of damage to Iranian nuclear sites
  • Vice President JD Vance, asked about the uranium on Sunday, had sounded less definitive and said the United States would discuss the issue with Iran

Arab states erupt in condemnation after US strikes on Iran

Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023,...
  • Many of the oil-rich countries host major US assets and bases and fear that a spillover from the war could threaten their security and economy.
  • Qatar, host of the biggest US military base in the Middle East, said it feared "catastrophic consequences" for the region and the entire world.

Turkey to export 48 fighter jets to Indonesia, deal valued at 10 billion dollars

Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
  • Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues
  • The contract, valued at 10 billion dollars, includes the production and delivery of the Kaan fighter jets to Indonesia over a ten-year period

Miral, Warner Bros announce two new DC attractions for Yas Island

Dubai, UAE -- Miral and Warner Bros. Discovery Global Experiences have announced two new DC-themed attractions for Warner Bros. World...

Latest News

Trump launches ‘Board of Peace’ at Davos after Greenland u-turn

A group of leaders and senior officials from 19 countries -- including Trump allies from Argentina and Hungary -- gathered...

How To Enhance Human Potential? The answer: Cognitive Cities, AI, and Leadership in MENA

Joseph Bradley, former CEO of Tonomus, shares with TRENDS his views on how AI and leadership can help MENA build...

Dubai Media City bets on AI to cement its global creative hub status

Dubai Media City has moved decisively beyond real estate into intellectual and digital value creation to support the next generation...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

The Middle East has become our living lab for digital reinvention

In the MENA region, we see an extraordinary opportunity to shape a digitally empowered workforce aligned with national transformation agendas,...
  • The Middle East has become our living lab for digital reinvention, where ideas rapidly evolve into impactful, real-world solutions.
  • AI, cloud, and IoT are no longer enablers but strategic levers reshaping productivity, resilience, and value creation across MENA.

G42 launches ‘digital embassies’ model to help governments deploy sovereign AI

Abu Dhabi-based artificial intelligence group G42 on Tuesday launched what it calls a Digital Embassies framework and an operating model...
  • It allows governments to deploy AI while retaining legal authority and control over data and systems, even when infrastructure is located outside national borders.
  • The initiative comes as governments seek to accelerate the use of AI in areas such as public services, healthcare, national security and energy.

MENA’s gaming sector projected to ‘touch $6 billion by 2027

Nikita Matsokin, Executive Director of MGVC (MY.GAMES, shares his thoughts on the MENA region’s creative talent, government support, and rapid...
  • The region’s gaming sector is already a multibillion-dollar powerhouse, projected to reach $6 billion by 2027—twice its 2021 value.
  • Dubai alone is home to more than 350 gaming companies, including 260 specialized developers, and the program aims to create 30,000 new jobs.