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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

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

Fourth Industrial Revolution centers announced for Riyadh, Muscat, Pretoria

The Fourth Industrial Revolution will create new job categories that did not previously exist. AFP
By TRENDS Desk
January 24, 2025 8:19 pm
  • 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.”

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