Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...
New York, United States - OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence...
Davos, Switzerland - Pakistan and Dubai signed two agreements totaling over $3 billion on the sidelines of the World Economic...One of the key agreements involves the establishment of a rail-based dedicated freight corridor
It will run from Karachi Port on the Arabian Sea through Karachi to the Pipri Marshalling Yard
Dubai, UAE-- Saudi Arabia's Finance Minister Mohammed Al-Jadaan said the Middle East needs a strong Saudi Arabia to contribute and...The World Economic Forum meeting in Saudi Arabia will address economic issues, international cooperation and global challenges
The kingdom's finance minister said the region requires a strong Saudi Arabia to contribute and that future outlook looks positive
- Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor...
As the world confronts the challenges of global warming and the transition to a sustainable future, the impact on labor markets looms large.
The direct consequences of climate change, including displacement, migration, and fluctuations have become increasingly pervasive.
DOHA, QATAR – The Industrial Production index (IPI) of Qatar in November 2023 reached 91.7 points which is a fall...The IPI, which is released by the Planning and Statistics Authority, is a short-term quantitative index that measures the growth of various industrial sectors in the economy.
The relative weight of main economic sectors under this indicator include mining (82.46 percent), manufacturing (15.85 percent), electricity (1.16 percent), water (0.53 percent).
Beijing, China--China's economy is likely to pick up the pace and grow steadily in 2024 after a bumpy recovery last...Many experts believe that China needs to set an annual GDP growth target of around 5 percent to boost business confidence
The Chinese economy grew 5.2% in the fourth quarter of 2023 year-on-year, following a 4.9% growth in the third quarter
- “We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose...
DEWA’s state-of-the-art infrastructure bolsters Dubai's global economic and trade hub status.
World's largest solar-powered desalination plant is set to enhance the emirate's water security.
Apple will permit developers to include buttons or links in apps.The move came after the US Supreme Court on Tuesday declined to hear appeals by Apple and Epic of a lower court ruling in which the iPhone maker was seen as the victor.
Epic in 2020 launched a case aiming to break Apple's grip on the App Store, accusing the tech giant of operating a monopoly in its shop for digital services
The head of the international trade body said weaker global economic growth, "worsening geopolitical tensions, the new disruptions we see...Before the outbreak of war in Gaza, the WTO had predicted trade would grow by 0.8 percent in 2023 and projected growth of 3.3 percent this year.
"We think there are a lot of downside risks to the forecasts we had made last year of 3.3% of growth of merchandise volumes this year. So we expect weaker performance," she said.
- Davos, Switzerland--A new World Economic Forum report titled the Future of Growth Report 2024 foresees a significant economic slowdown, estimated...
The WEF report offers a re-evaluation of global economic growth, introducing a new framework that takes a holistic look at GDP
The report adds that high income economies in 2023 saw average annual GDP per capita growth of 1.01% over the past five years
- Dubai, UAE - Gold prices extended losses on Wednesday as the US dollar strengthened after comments from a Federal Reserve...
Spot gold was down 0.2% at $2,023.49 per ounce, as of 0415 GMT, after stooping 1.3% in the previous session - its biggest single-day decline since 4th December 2023
The US Dollar Index, which gauges the dollar's strength against a basket of major currencies from key US trading partners has surpassed the 103.30 level
