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...

Closing the women’s health gap is a US$1 trillion opportunity to improve lives and economies, the WEF and McKinsey Health Institute (MHI) found. This report examines nine selected conditions that account for a third of the women’s health gap

The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,” highlighting the heavy human cost of the war where “millions of lives are being lost.

Davos, Switzerland -- The transformation seen in the labor market brought about by green transition and new technologies has raised concerns about how AI will impact the market, said Veronica Nilsson, General Secretary of the Trade Union Advisory Committee (TUAC) to the OECD.She spoke with TRENDS on the sidelines of...

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today.Calling for global collaboration to shape a prosperous future, Saudi Arabia’s Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah,...

Davos, Switzerland -- The world labor market is nearing the pre-Covid levels but gender gap and other concerns remain, International Labor Organisation (ILO) Director-General Gilbert F Houngbo told Trends in an interview.“In terms of the job trends, the ILO has issued its world economic and social outlook two weeks ago,...

In its latest annual inequality report, “Takers Not Makers”, Oxfam explores how most billionaire wealth is taken, not earned. At least five trillionaires are now expected within a decade. Meanwhile, the number of people living in poverty has barely changed since 1990

Davos, Switzerland: AI agents are set to revolutionize the way businesses operate, with tasks being divided into autonomous, AI-assisted, and manual processes. This transformative shift will redefine the future of work, Mihir Shukla, Chairman and CEO of Automation Anywhere, told TRENDS in an exclusive interview on the sidelines of the...

Davos, Switzerland - The world is grappling with challenges that demand collective action, but rising nationalism and geopolitical tensions are making cooperation increasingly difficult, Dr. Masood Ahmed, the president emeritus of the Center for Global Development, told TRENDS in an exclusive interview at the Davos meeting of the World Economic...

Muscat, Oman – Oman on Tuesday launched its New Nation Brand at the World Economic Forum in Davos in an effort towards enhancing the country’s global image.  “The launch of the New Oman Nation Brand at Davos represents Oman's commitment to the world as a cooperative and trustworthy partner,” a...

A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise an initial US$1.5 billion to help protect the Amazon

Gaza, Palestine - The United Nations Relief and Works Agency for Palestine Refugees (UNRWA), confirmed today that the reconstruction process in the Gaza Strip exceeds the agency's capabilities due to the severe damage and destruction that has befallen all aspects of life in the Strip, Palestinian News and Information Agency-WAFA...

In an exclusive interview with TRENDS, Swiss President Karin Keller-Sutter emphasized the critical role of financial stability in safeguarding global economic health, calling for nations to act from "inner strength."

Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace, drawing a standing ovation during his inauguration speech.

The 42-day truce's first phase involves prisoner exchanges and hostage releases, but the future remains uncertain as both sides navigate challenges toward achieving a sustainable and lasting peace agreement.

Kuwait -- The UAE has topped the Arab list as the best and most attractive destination for investment and business in auto sales activity for 2024, Arab Investment and Export Credit Guarantee Corporation (Dhaman) has said.The Kuwaiti-based Dhaman organization stated in its fourth sectoral report for 2024 on the automotive...

The profit surpassed AED 1 billion for the first time in bank's history.

As the first phase of the ceasefire takes effect, the world watches to see whether this temporary reprieve will be the first step toward lasting peace or whether the violence will soon resume.

Cairo, Egypt - A joint operations room has been established in Cairo to oversee the implementation of the Gaza Strip ceasefire agreement. The room, comprising representatives from Egypt, Palestine, Qatar, the United States, and Israel, aims to ensure collaborative efforts and consistent adherence to the agreement's provisions.A high-level Egyptian source...

The burgeoning creator economy presents an unprecedented opportunity for GCC to outpace global cities and establish itself as the epicenter of next-generation content, said Julien Hawari, CEO Million.

Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives like the Dubai Clean Energy Strategy 2050, targeting 75 percent clean energy by 2050, and Abu Dhabi Vision 2030, aiming for 30 percent renewable energy within five years.The "Solar Outlook...

A survey of over 900 experts reveals state-based armed conflict as the most pressing global risk for 2025, driven by escalating geopolitical tensions and global fragmentation in cooperation and governance

Geneva, Switzerland – The global economy is set to face significant challenges in 2025, with 56 percent of chief economists surveyed expecting conditions to weaken, according to the latest Chief Economists Outlook from the World Economic Forum.Only 17 percent foresee an improvement, pointing to heightened uncertainty in key regions and the...

Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought together a stellar lineup of speakers from across the Gulf Cooperation Council (GCC) and beyond. The conference also saw participation from regional and international experts, including Julien Hawari, CEO of Million...

The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian captives, alongside a sixfold

Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious goal of achieving 100 gigawatts (GW) of clean energy capacity globally by 2030."This ambitious target underscores Masdar's commitment to accelerating the global transition to clean energy and contributing to climate...

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring, delivering processed images within hours for informed decision-making.

Under the deal, AD Ports Group owns 51% stake.

Dhahran, Saudi Arabia -- Aramco's North Ghawar Oil Producing Complex has become the company's fifth facility to be added to the World Economic Forum Global Lighthouse Network, having been recognized for its comprehensive adoption of advanced Fourth Industrial Revolution (4IR) technologies that support its operational and environmental performance.Aramco said in...

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs, has announced a strategic partnership with X, the global social media platform to produce exclusive and original content.This groundbreaking collaboration aims to create purposeful, credible and quality global content that...

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the prestigious ‘One Billion Award’ to content creator Simon Squibb from the UK.The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering...

The acquisition was made by way of a capital increase.

Riyadh, Saudi Arabia -- Non-institutional foreign investors increased their stake in Tadawul-listed equities, excluding Saudi Aramco, from 9.70 percent to 9.72 percent, equivalent to SAR 334.55 billion, during the week ending January 9, according to market data.This category of ownership includes swap holders, residents, and qualified foreign investors (QFIs), Argaam...

The complexity arises from the rapid growth of emerging technologies, prevailing geopolitical uncertainty and the evolution of threats, says WEF's Global Cybersecurity Outlook 2025 Report.

Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together industry titans to explore the transformative impact of artificial intelligence (AI) on content creation. With participation from YouTube, Meta, and Duolingo, the Summit underscored the evolving landscape of digital media...

Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of the third edition of the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy.Organized by the UAE Government Media Office, the three-day summit is being...

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion in digital innovation and the adoption of cutting-edge technologies. This growth further solidifies the UAE’s stature as a global hub for innovation and an international beacon for tech companies.The UAE...

Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to shaping the content creator economy, is hosting over 300 keynotes, panels and main sessions.The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th...

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

We're likely to see more creators seeking alternatives to traditional gatekeepers, following in the footsteps of artists like Taylor Swift. At the same, a possible YouTube-Google split could significantly impact the digital advertising market, potentially creating new opportunities for other players in the entertainment industry, Hawari adds.

Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent, whereas Doha’s $1 billion investment focuses more on arts and sports-driven content creation.

The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured strategy to balance stability, diplomacy, and U.S. interests.

Riyadh, Saudi Arabia -- Saudi Arabia's Industrial Production Index (IPI) increased by 3.4 percent in November 2024, compared to Nov 2023, according to the kingdom's ]General Authority for Statistics (GASTAT).This increase is driven by growth in mining and quarrying, manufacturing, water supply, sewerage, and waste management and remediation activities.Furthermore, the...

The widening skills gap challenges employers, with over 59% of the workforce needing reskilling while millions risk redundancy due to insufficient training for future job market demands.

The company will acquire the remaining stake in mid-2027.

Doha, Qatar – Qatar’s non-energy private sector recorded robust growth in the final months of 2024, according to the latest Purchasing Managers' Index (PMI) data from the Qatar Financial Centre (QFC) and compiled by S&P Global.The labour market was a key driver of this growth, with employment and wages increasing...

Discussions led by the UAE include provisional administration, PA leadership overhaul, and Gaza reconstruction, requiring extensive international cooperation and adherence to a two-state solution framework.

The terms of the transaction have not been disclosed.

Cloudflare, a leading connectivity cloud company recently published an Op-Ed by Grant Bourzikas, CSO, tackling IT security predictions for 2025