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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.

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.
  • World Economic Forum unveils framework highlighting transformative technology convergences across key industries

    Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions...

    The 3C framework – combination, convergence and compounding – identifies standout technology combinations such as cognitive robots and digital twin ecosystems

    The framework can help industry leaders drive systemic change across infrastructure, energy, transportation and healthcare by investing in ecosystem readiness

  • New WEF report reveals how tech convergence will reshape industries

    Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries...

    AI is a key enabler, making many emerging tech synergies commercially viable across industries.

    Digital twins, enhanced by AI and sensors, are expanding efficiency in sectors from aerospace to healthcare.

  • Lebanon on bumpy road to public transport revival

    Beirut, Lebanon - On Beirut's chaotic, car-choked streets, Lebanese student Fatima Fakih rides a shiny purple bus to university, one...

    Lebanon's public transport system never recovered from the devastating 1975–1990 civil war that left the country in ruins, and in the decades since, car culture has flourished

    Even before the economic crisis that began in 2019, the country was running on empty, grappling with crumbling power, water and road infrastructure

  • Oil under $65 a boon for consumers, but a burden on producers

    London, United Kingdom -- US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by...

    The fall in oil prices has contributed to a global slowdown for inflation, while also boosting growth in countries reliant on importing crude, such as much of Europe.

    Cheaper crude "increases the level of disposable income" consumers have to be spending on "discretionary items" such as leisure and tourism, experts say.

  • How social media can ‘trigger’ eating disorders in young people

    Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake,...

    Young women and girls are much more likely to suffer from illnesses such as anorexia, bulimia and binge eating disorder, though rates among men have been increasing.

    Research has shown the percentage of people worldwide who have had some kind of eating disorder during their lives rose from 3.5 percent in 2000 to 7.8 percent in 2018.

  • ADNOC expands its STEM Education Programme to empower UAE students in AI

    Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...

    Launched in January 2025, the Future of AI Schools Challenge received 14,500 applicants from 351 schools across the country

    During the final, ADNOC and AIQ showcased how ENERGYai, the world’s first agentic AI solution for the energy industry

  • Google makes case for keeping Chrome browser in US court

    Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off...

    US government attorneys have called for divesting Google of Chrome browser, contending that AI is poised to ramp up it's dominance

    They also want Google barred from agreements with partners such as Apple and Samsung to distribute its search tools

  • Generative AI’s most prominent skeptic doubles down

    Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...

    Marcus's criticism centers on a fundamental belief: generative AI, the predictive technology that churns out seemingly human-level content, is too flawed to be transformative.

    The large language models (LLMs) that power these capabilities are inherently broken, he argues, and will never deliver on Silicon Valley's grand promises.

  • Chief Economists warn global growth under strain from trade policy shocks and AI disruption

    The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel...

    The report reveals that 79% of surveyed economists view the current geoeconomic developments as signs of a significant structural shift for economy than a temporary disruption

    Nearly all the chief economists (97%) place trade policy among the areas of highest uncertainty, followed by monetary policy (49%) and fiscal policy (35%)

  • OPEC+ ministers, led by Saudi Arabia and Russia, meet as oil output hike looms despite falling prices

    The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and...

    The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and six other members surprised markets recently by sharply raising output

    The move has put pressure on prices, which have also fallen as investors worry that US President Donald Trump's tariff onslaught will cause an economic slump and weigh on demand