Uncategorized

Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

Hamas tells AFP ready to transfer Gaza governance to Palestinian committee

"Protocols are prepared, files are complete, and committees are in place to oversee the handover, ensuring a complete transfer of...
  • The 15-member National Committee for the Administration of Gaza (NCAG) is a team of Palestinian technocrats created as part of the US-sponsored ceasefire agreement.
  • It is charged with managing the day-to-day governance of post-war Gaza and will work under the supervision of the "Board of Peace", which US President Donald Trump will chair.

Beyond entertainment: How storytelling is shifting in the digital age

In a world where our screens shape how we think, feel, and connect, entertainment has become more than an escape...
  • Digital technology, with a boost from AI, is rapidly lowering the cost of production and democratizing the ability to produce.
  • The key to success is to find your audience. Influencers have shown the way to galvanize audiences into communities.

Jury selection begins in landmark social media addiction trial

Los Angeles, United States -- Jury selection begins Tuesday for a landmark trial that could establish a legal precedent on...
  • Defendants in the suit are Alphabet, ByteDance and Meta, the tech titans behind YouTube, TikTok and Instagram.
  • Meta co-founder and Chief Executive Mark Zuckerberg is slated to be called as a witness during the trial.

A matchmaking made in Gulf Heaven

The Gulf combines an interrelated web of business habitats and tech infrastructure to create rapid, policy-driven media and knowledge hubs...
  • State-backed hubs across the Gulf are shifting from incubation models toward globally competitive, investable innovation ecosystems.
  • RAK’s RAKEZ welcomed over 13,000 new companies in 2024, a 66 percent year-on-year growth.

Lessons from Davos: From digital health tools to health intelligence

Despite ongoing disagreements over economic and geopolitical shifts, there remains a strong commitment to collaboration, says Andrew Moose, Head of...
  • Culture, food options, office design, and management behavior all shape outcomes.
  • Research shows that 60–80 percent of productivity gains from well-being initiatives happen at the team level.

Gold tops $5,000 for first time on Trump policy unrest

While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...
  • The precious metal's price has risen also owing to the wars in Ukraine and Gaza, as well as Washington's intervention in Venezuela.
  • Gold demand by value jumped 44 percent year-on-year to a record $146 billion in the third quarter of last year, the World Gold Council has said in its latest report.

Qadi partners with Core42 to power sovereign AI compliance platform

Qadi, the Middle East’s first sovereign regulatory compliance platform, has partnered with Core42, a G42 company, to power its artificial...
  • Qadi’s AI agents automate regulatory compliance by translating local laws into workflows embedded directly within enterprise operations.
  • Core42’s sovereign cloud ensures sensitive legal data remains protected under UAE jurisdictional controls and enterprise-grade governance frameworks.

Saudi Arabia’s UAE ‘mudslinging’ threatens new Gulf crisis

The United Arab Emirates is "investing in chaos and supporting secessionists" from Libya to Yemen and the Horn of Africa,...
  • The two neighbors are traditional allies with deeply intertwined economies, and the UAE's president, Sheikh Mohamed, was considered a mentor to Crown Prince Mohammed bin Salman.
  • Now, commentators in Saudi Arabia accuse the UAE of growing too bold, backing forces at odds with Saudi interests in conflicts including Yemen, while also aligning with Israel.

To build a knowledge economy, the GCC must bet on its young minds

In Saudi Arabia, more than 60 percent of the population is under 30, and across the GCC, over 50 percent...
  • This generational shift has been accelerated by national visions across the GCC, from Saudi Arabia’s Vision 2030 to Bahrain’s Economic Vision 2030.
  • The dynamic, which combines wisdom and creativity, is precisely what national visions need to scale.

Saudi’s Humain secures $1.2 bn to expand AI, digital infrastructure

Riyadh, Saudi Arabia -- Saudi Arabia's Humain artificial intelligence company has secured up to $1.2 billion in financing to expand...
  • The non-binding framework agreement with Saudi Arabia's National Infrastructure Fund outlines the development of up to 250 megawatts in data center capacity.
  • Humain, backed by Saudi's nearly trillion-dollar sovereign wealth fund, launched last May as the world's biggest oil exporter bets on AI to help diversify its economy.

UAE ranks first in MENA, sixth globally in AI-human skills readiness

Coursera’s new AI-Human Skills Synergy Index says AI course enrollments in the UAE increased 75% year over year, with AI...

Latest News

Iran floats 30-day roadmap to end conflict; Trump signals scepticism

Iran has put forward a fresh 14-point proposal to the United States, calling for a resolution of tensions within 30...

Saudi Arabia Railways launches 5 new logistics routes

Riyadh, Saudi Arabia -- Saudi Arabia Railways (SAR) has launched five new logistics routes designed to enhance supply chain efficiency...

Dubai property market rises 31% to $68 billion in first quarter

Dubai, UAE -- Dubai’s real estate transactions rose 31 percent year-on-year to 252 billion dirhams ($68.6 billion) in the first...

Most Read

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.
  • Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
  • In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.

‘Strait of Hormuz disruption could trigger long-term shift in global trade and energy flows’

Kelsey Goodman of the World Economic Forum discusses Strait of Hormuz disruptions, global trade risks, and how GCC economies can...
  • Prolonged disruption in the Strait of Hormuz could accelerate supply-chain diversification and shift global trade routes, Kelsey Goodman tells TRENDS
  • Despite short-term volatility, GCC economies remain well positioned to strengthen their role in logistics, finance and digital trade, she adds

Supply chain attacks emerge as top cyber threat to businesses: Study

The study found that large enterprises are particularly vulnerable because of their extensive vendor networks.
  • Global survey finds rising risks from third-party vendors as companies become more digitally interconnected
  • The report found that about 31% of companies worldwide experienced a supply chain-related cyber incident during the past year