Trump told Fox News Channel’s Bret Baier that "I would own it" and that there could be as many as six different sites for Palestinians to live outside Gaza -- under the plan which the Arab world has rejected.

Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning the Palestinian territories, its foreign ministry said in a statement on Sunday.The "emergency Arab summit" comes as Egypt has been rallying regional support against US President Donald Trump's plan to...

Abu Dhabi, UAE - The Ministry of Finance has announced the issuance of Cabinet Decision No. 142 of 2024 on the introduction of the Top-up Tax for Multinational Enterprises, providing further details on the UAE Domestic Minimum Top-up Tax (UAE DMTT). This follows the announcement made by the Ministry on...

The State Department has signed off on the sale of $6.75 billion in bombs, guidance kits and fuses, in addition to $660 million in Hellfire missiles, according to the US Defense Security Cooperation Agency.

The United Nations and the European Union also urged Trump on Friday to reverse the decision ordering asset freezes and travel bans against ICC officials, employees and their family members, along with anyone deemed to have helped the court's investigations.

Amazon and big tech peers Microsoft and Google saw their stock prices fall on concerns over high AI investment costs. They are investing heavily in AI data centers while meaningful returns remain uncertain.

Davos, Switzerland -- In an age where artificial intelligence is reshaping our lives, the World Economic Forum's Arts and Culture program showcased the cohabitation of technology and human creativity with a key focus on our shared humanity. TRENDS sat down with Joseph Fowler, Head of Arts and Culture at the...

Paris, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President Emmanuel Macron of France explored various aspects of the longstanding and strategic partnership between the two countries and discussed opportunities to expand bilateral cooperation, particularly in the economic, investment, and cultural fields.The two sides also addressed...

Israel's Defence Minister Israel Katz ordered the military to prepare a plan for voluntary" departures from Gaza, saying Palestinians could leave for "any country willing to accept them.

Asian markets rose Thursday, tracking gains on Wall Street and following the US Postal Service's U-turn on a ban on parcels from China and Hong Kong

Public-private partnerships are essential for advancing sustainable urban development and meeting net-zero targets, Vivian Brady Phillips, Head of Strategic Initiatives, Urban Transformation at the WEF tells TRENDS in an exclusive interview.

Abu Dhabi, UAE -- UAE's non-oil foreign trade increased by a record 14.6 percent in 2024, compared to 2023, reaching AED 3 trillion ($816 billion), according to Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade.In statements to the Emirates News Agency (WAM), Dr. Al Zeyoudi said,...

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Davos, Switzerland -- The Middle East, Africa, and India have an important role and influence in shaping the evolving world order and driving innovation, particularly in technology adoption and sustainable practices, said Ram Ramachandran, Senior VP India, Middle East, and Africa at Tech Mahindra, India’s leading provider of technology consulting and...

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health support and response to gender-based violence in the workplace.

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic tear that exemplifies the city's economic boom.

Riyadh, Saudi Arabia - Saudi Arabia said Wednesday it will not formalize ties with Israel unless a Palestinian state is established, after Israel's prime minister remarked that he thought normalisation with the Gulf kingdom was "going to happen"."Saudi Arabia will continue its relentless efforts to establish an independent Palestinian state with...

Trump said that by the time of the handover, Palestinians "would have already been resettled in far safer and more beautiful communities". Israel's defense minister meanwhile ordered the army to prepare for "voluntary" departures from Gaza, following Trump's remarks.

The company said it will maintain a $1.3bn dividend for 2025.

The Israeli military launched a major offensive in the West Bank on January 21 aimed at rooting out Palestinian armed groups from the Jenin area, which has long been a hotbed of militancy. On Sunday, the army said that it had killed at least 50 militants since it launched the...

Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos to discuss the key issues addressed in The Global Risks Report 2025 with insights from over 900 experts who identified state-based armed conflict as the most immediate risk for 2025. Misinformation and disinformation...

Trump has floated a controversial plan to relocate Palestinians to neighboring countries, but Egypt, Jordan, and ceasefire mediator Qatar have strongly rejected any forced displacement from Gaza.

By comparison, the share of electric cars in Europe was just 13.6 percent in the full-year 2024, a decline for the first time since 2020.

In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies have cut supply by almost six million barrels per day (bpd) since 2022. The OPEC+ alliance has repeatedly postponed putting some of the withheld barrels back on the market.

After a challenging year where M&A activity in the Middle East and North Africa took a tumble, Morgan Stanley forecasts 2025 will witness a significant “structural upswing” in transaction volume and value size, bolstered by policy shifts and regulatory reforms in the region

Syrian President Ahmed al-Sharaa met Saudi Crown Prince Mohammed bin Salman in Riyadh, marking his first foreign visit and signaling Syria’s realignment towards the Gulf after the overthrow of Bashar al-Assad.

Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded AED10.6 billion in transactions in January, totaling 2,514 property deals.According to DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED6.5 billion across 1,730 deals.Meanwhile, mortgage transactions from the beginning of the...

The Middle East must counter global economic divergence by enhancing regional financial integration to drive collective growth, Rudolph Lohmeyer tells TRENDS in an exclusive interview.

Visit Saudi, experience the warmth, generosity and hospitality of the people, Jerry Inzerillo tells TRENDS in an exclusive interview.

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was one of the contributors to the engaging discussions at the World Economic Forum in Davos last week. Jones is a leader of a kaimahi team that created a suite of...

Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and Canada. Russian oil sanctions open the market to more speculation.

DAVOS: The future of global collaborations is being shaped by innovation and the ubiquitous embrace of immersive technologies, which continue to drive industry transformations.For a glimpse into this future, TRENDS spoke with Chieh Huang, President of WEF’s Global Collaboration Village, during last week’s Davos meeting to discuss how VR and...

The partners commit to deploying $1.2bn in the next four years.

Davos, Switzerland -- In the next five years, millions of jobs will be created. Governments, employers, and education institutions, therefore, need to ready themselves for taking advantage of this opportunity, says Till Leopold, Head of Work, Wages and Job Creation at the World Economic Forum. Leopold spoke with TRENDS at...

The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according to reports.  The pause comes after the central bank cut rates three consecutive times to the end of 2024.

The Dubai College of Tourism (DCT) is driving innovation in hospitality training through technology, vocational education, and industry collaborations. With digital platforms like ‘Dubai Way’ and partnerships with Coursera and top hotels, DCT is equipping a skilled workforce to support Dubai’s growth as a global tourism hub.

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Lyten, a Silicon Valley-based company, is revolutionizing the energy storage market with its groundbreaking lithium-sulfur battery technology. These batteries offer significantly higher energy density and are significantly lighter than traditional lithium-ion batteries while eliminating the need for environmentally harmful mined minerals.Laszlo Horvath is responsible for international business development at Lyten....

UAE's Etihad Airways and Saudi Arabia's Flynas are preparing to listing on local stock markets, the first IPO by Gulf carriers in nearly two decades. Etihad will sound out investors next week ahead of a potential sale of around a 20 percent stake, and potentially raising around US$1 billion.

Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson, Chair of Jacksonville Global Shapers tells TRENDS in an interview.

Global investors dumped tech stocks following the emergence of a low-cost Chinese AI assistant startup DeepSeek that would threaten Nvidia. This led the tech-heavy Nasdaq to fall 3.1 percent on Monday.

Riyadh, Saudi Arabia - The National Housing Company (NHC) has signed a series of agreements, deals, and memoranda of understanding (MoUs) with government entities and private sector companies, totaling nearly SAR 30 billion (USD 8 billion). This milestone was achieved under the patronage of Minister of Municipalities and Housing Majed...

Distressed property sales in Hong Kong are beginning to bite banks with average prices of office buildings, shopping malls and other properties falling over 40 percent from their highs in 2018.

The Transitioning Industrial Clusters initiative aims to improve collaboration and develop a shared vision among co-located companies and public institutions, with the goals of driving economic growth and employment, and reducing CO2e emissions.

Emma Zwiebler, CEO of the World Federation of the Sporting Goods Industry (WFSGI), sat down exclusively with TRENDS at the World Economic Forum in Davos to discuss the growing crisis of physical inactivity, particularly in the UAE and across the Middle East. Leading an association that represents global brands like...

DAVOS, Switzerland -- Bilel Al Souaied is an entrepreneur and venture capitalist. He is the COO of Cytomate, a leading provider of security posture management and threat intelligence products. Bilel is attending Davos with the Global Shavers Community, a World Economic Forum initiative and the only youth delegation participating in...

Davos, Switzerland -- Aziz Abakirov, the CEO of the High Technology Park of the Kyrgyz Republic, represents a unique initiative aimed at positioning Kyrgyzstan as a global hub for technology and innovation. In an interview with TRENDS at Davos, Abakirov shares insights about the country’s vision, its human capital, and...

Davos, Switzerland -- Some of the biggest problems in the world today are systemic problems, which cannot be resolved with individual interventions or by working in silos, says Fredrik Galtung, Co-Chief Facilitator Catalyst Now. He shared his insights on the Social Innovation House at Davos 2025 and other collaborative efforts...

Davos Switzerland - The rapid adoption of AI and automation is redefining labor markets, reshaping industries, and transforming skills globally, Dr. Nela Richardson, Chief Economist and ESG Officer at ADP told TRENDS in an exclusive interview on the sidelines of the World Economic Forum at Davos.Dr. Richardson, spoke during her...

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...