Asian equities were up on Monday after a rally on Wall Street last week, but analysts say fears of a recession due to surging inflation and Covid-driven supply chain woes still have investors worried. World markets have been volatile for much of 2022, fueled by uncertainty over supply chain snarls

Defying grim expectations of economic recession battering the world economy, Dubai has burnished itself by attracting a heavy dose of foreign investment to the tune of $7bn in 2021.

It bought a 9.8% stake for $4.4bn in the British firm.

One of the biggest challenges for women in the GCC is the lack of possibilities in the workplace, Novonda founder Jean-Pierre Calvez tells TRENDS.

Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against the backdrop of soaring energy prices due to Russia's war in Ukraine. "Iran is studying this subject but we have not reached a conclusion yet," deputy oil minister Majid Chegeni was quoted as...

The Public Investment Fund (PIF) today announced the launch of the Saudi Coffee Company. The company is established to enable Saudi Arabia’s coffee bean to be a global product in the future.

Bassel Gamal, the Group CEO of Qatar's second-largest bank, tells TRENDS that leaders should empower their employees to make decisions.

Surge in oil prices benefited the world's most valuable company.

Commercial Bank of Dubai CEO Dr. Bernd van Linder tells TRENDS that today’s business leaders must not only be consummate in their field but also have leadership qualities.

Lebanese writer, journalist, and human rights activist Joumana Haddad tells TRENDS why she is unperturbed despite being one of the ‘most hated’ persons in her country.

The UAE and Saudi stock exchanges posted losses this week, taking cue from the world markets that fell in reaction to galloping inflation, and rate hikes by central banks in many countries.

India, the world's second-largest wheat producer, said that factors including lower wheat production and sharply higher global prices because of the war meant that it was now worried about its own "food security"

The locals, residents, and visitors have once again started flocking to museums, historical and heritage sites, and public libraries, according to DCAA data. Trips to these locations totaled 521,753 during 2021, with heritage sites accounting for half of those visits, followed by libraries at 39 percent and museums at 11...

Ukraine's IT sector is booming despite the Russian invasion. Workers with stickers on their laptops recline on beach chairs outside a warehouse for start-ups in the west Ukraine city of Lviv giving off major Silicon Valley vibes. Through the glass doors of the complex, young Ukrainians zig-zag between stacks of...

In Chennai and Hyderabad, DP World is the only operator with a presence in three major Indian ports.

Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, pressuring shares of the microblogging platform amid skepticism on whether the deal will close. In an early morning tweet, Musk said the $44 billion takeover was "temporarily on hold," pending questions over the social media company's estimates of the...

New business models must be developed to take advantage of the metaverse's technology, says Fadi Kassatly, Partner, Enterprise Systems and Cloud Solutions Leader at KPMG. The biggest challenge appears to be that metaverse is not ready yet for the masses to digest immediately across different impactful use cases. A lot...

The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly two trillion dollars recently. A week-long rout has wiped away tens of billions of dollars from that value and spread panic throughout the market.  Bitcoin blues Bitcoin is the premier cryptocurrency and...

It posted 15% jump in revenue for Q1 to AED5.068 billion.

Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the Beirut port explosion to denounce high-level corruption that has helped to wreck the country.

Net profit was up 41 percent year-on-year to AED306 million.

Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained bleak as inflation, the Ukraine war and Chinese lockdowns weigh on sentiment. World markets have been volatile for much of 2022, with investors fretting about supply chain snarls due to...

Elon Musk said he is putting his bid to buy Twitter on hold, a few weeks after agreeing to take the company private in a $44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said.

Losses came in at 3.9 billion dirhams ($1.1 billion) in the 2021-2022 financial year to March, with revenues up 91 percent, as the airline expanded its global capacity and reinstated flights, Emirates said in a statement.

Kayvon Beykpour, a general manager, said he was ousted from the company.

The company reported financial results for 3 months ended March 31

Amanat recorded a total income of AED46.9 million

The company raised its H1 2022 dividend guidance to at least $700 million.

Global tourism is roaring back to life despite Covid travel headaches and the effects of the war in Ukraine, but it has yet to return to its pre-pandemic health. International tourist arrivals worldwide have more than doubled, up 130 percent in January 2022 on the same period last year, according...

They will explore ways to offer travel incentives to SMEs.

Ukraine is a major supply route for Russian gas to Europe and the two sides have kept flows going even after the Kremlin sent troops into Ukraine on February 24

World food prices hit an all-time high in March following Russia's invasion of Ukraine, which accounted for 20 percent of global wheat and maize exports over the past three years

Hub71, Abu Dhabi’s global tech ecosystem, has accepted 16 startups to join its community. By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than AED 231 million in funding, will have the opportunity to develop advanced technologies and gain access to the market, investment,...

Iraq has agreed to pay $1.6 billion in debt to Iran by June 1 to secure a steady gas supply for power generation through the summer, its electricity minister said.

The chemical giant of KSA has posted SR6.47bn profit in Q4.

Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech share rout and a regulatory crackdown in China. The company reported losses of 1.71 trillion yen ($13.2 billion) in the year to March 2022.

The climate commitments of global energy giants lack credibility as they rely on costly technologies that have yet to be proven at scale, according to a report published Thursday by Carbon Tracker. The non-profit think tank that researches the impact of climate change on financial markets noted that despite a...

Russia sanctions have cut the company's earnings by 600m euros

The profits were up 756% compared to $9.26 million in 2021.

A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and Industry and the Oman Chamber will be held Friday.

America recorded its first coronavirus death, on the West Coast, in early February 2020. By the next month, the virus was ravaging New York and the White House was predicting up to 240,000 deaths nationwide. But those projections were way off.

The 32-year-old has a huge online following, with 111 million subscribers on YouTube, but has faced controversy over offensive jokes in the past.

Google is also working on a Pixel tablet computer, which is expected to be released next year.

The company’s streaming service gained 7.9 million more subscribers.

The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at $2.42 trillion based on the price of its shares at close of market. Apple, meanwhile, has seen its share price drop over the past month and was valued...

The regional economies in the creative sector are growing at a faster rate than inflation, says Michael Garin, General Director of Abu Dhabi Creative Authority.

The terminals provides hybrid connectivity with both the Long-Range (LoRa) IoT terrestrial network operated by InfraX, and DEWA's nanosatellites.

The flagship carrier’s chairman, Ahmed Al Maktoum was reported to have announced plans by Emirates to repay 15 billion dirhams ($4.1 billion) in pandemic-related support to the Dubai government

Apple said it is working on enabling iPhones to more precisely locate AirTags to help people find any planted without their consent

The Rock, currently in the hands of an unnamed owner from North America could break records at a sale in Geneva.