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Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Fourth Industrial Revolution centers announced for Riyadh, Muscat, Pretoria

The Fourth Industrial Revolution will create new job categories that did not previously exist. AFP
  • The upcoming centers in Muscat, Pretoria, and Riyadh will tackle critical global challenges with innovative solutions tailored to national and regional needs.
  • Additionally, the WEF announced that the C4IR United Arab Emirates has been renewed.

Davos, Switzerland — The World Economic Forum (WEF) has announced signing agreements for three new Centers for the Fourth Industrial Revolution (C4IR) launching in 2025.

Additionally, the WEF announced that the C4IR United Arab Emirates has been renewed.

The upcoming centers in Muscat, Pretoria, and Riyadh will tackle critical global challenges with innovative solutions tailored to national and regional needs.

These announcements are complemented by the release of Forum’s C4IR Network 2023-2024 Impact Report, which highlights how the expanding global network is advancing technological solutions to humanity’s most pressing challenges.

“The upcoming launches of three new C4IR Centers underscores our commitment to shaping a future where technology better serves humanity,” said Børge Brende, President and CEO of WEF.

“Together, with our growing network of global partners, we will continue to harness the power of innovation to address society’s most pressing challenges and create localized solutions with global reach.”