- Abu Dhabi, UAE--ADQ has launched a vertical farming project in partnership with ZERO, a technology company based in Italy. Dubbed...
It is designed to enhance indoor farming locally and also to explore and push the boundaries of desert-climate farming in the UAE
The joint project draws on the benefits of growing crops in vertical layers, which includes higher yield, shorter growing times and lower water usage
- The central banks of Saudi Arabia, Bahrain and Qatar raised their benchmark borrowing rates after the US Federal Reserve raised...
The Saudi Central Bank, also known as SAMA, raised its repo and reverse repo rates by 25 bps each to 5.5 percent and 5 percent, respectively
The Central Bank of the United Arab Emirates (CBUAE) will raise its base interest rate by 25 basis points to 4.9%, effective Thursday
- “We have a short window of opportunity to deliver a system-wide transformation. But if we make the right investments, we...
There is a need for accelerated pathways to net zero and critical finance across all pillars, says COP28 President-Designate Dr Sultan bin Ahmed Al Jaber
He also reminds climate ministers of various countries about the approaching Global Stocktake at COP28 and calls for action to keep 1.5C within reach
- Companies are spending more on employee salaries and retention, such as increasing insurance premiums and investing in employee benefits, says...
Companies are spending more on employee salaries and retention, such as increasing insurance premiums and investing in employee benefits, Brian Habibi of Bayzat tells TRENDS
Although the UAE has remained extremely resilient, the market is not immune to global economic conditions, adds the Co-Founder and Chief Customer Officer of the platform
- The ECB president insisted, however, that if the most recent forecasts were confirmed, "we will still have ground to cover...
International financial markets went into turmoil after recent crashing of three US lending banks and takeover of Credit Suisse.
The ECB chief Christine Lagarde said that there was "additional uncertainty" when it came to the bank's projections.
- A flurry of Chinese companies including Alibaba, JD.com, Netease and TikTok-parent Bytedance have rushed to develop services that can mimic...
The popularity of ChatGPT in China - where users have to scale Beijing's internet firewall using VPNs - has left Baidu and others scrambling to regain its dominance on home turf
China has announced ambitious plans to become a global leader in the field of AI by 2030, and McKinsey estimates the sector could add about $600 billion every year in China's GDP
- More than 60 percent of employees worldwide have chosen hybrid work structures, and over 66 percent of UAE employees prefer...
More than 60% of employees worldwide have chosen hybrid work structures, and over 66% of UAE employees prefer to work from home, says an expert
Remote workers face IT challenges that impede productivity, from UCaaS quality concerns to VPN access challenges, adds Gaurav Mohan of NETSCOUT
- The first Emirati rover to land on the moon is now on its way to completing the third milestone, the...
The first Emirati rover to land on the moon is now on its way to completing the third milestone, the Arrival Phase, which will be the most intense part of the mission
The ambitious mission aims to study the surface of the moon and is funded by the ICT Fund of the Telecommunications and Digital Government Regulatory Authority
- Washington, United States--Syria's economy is expected to contract 2.3% more than it otherwise would have due to the impact of last...
The World Bank said that the damage from earthquake will cost the Syrian economy $5.2 billion, including physical damages of $3.7 billion and losses of $1.5 billion
It added that the quake effect is likely to widen Syria's economic contraction by 2.3 percent to 5.5 percent this year, worsening economic woes in the war-scarred nation
- New Delhi, India - The first ever meeting of senior officials of India and the Gulf Cooperation Council (GCC) was...
India has been steadily stepping up institutional engagement of the GCC in addition to regular bilateral meetings with its member countries
As a trade bloc, the GCC is the largest trade partner of India with a total trade of US$154 billion during the last financial year




















