INSEAD Day 4 - 728x90

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AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Global alliances key to educational advancement

    "We are dedicated to supporting scientific research and innovation through strategic partnerships and pioneering initiatives, focusing on future-oriented sciences for students,” he adds during his participation in the Bett EdTech exhibition and conference in the United Kingdom.
  • WEF24: Corruption puts institutions, growth at risk

    Despite existing laws, global corruption has not decreased due to lack of enforcement and judicial independence, Francois Valerian of Transparency International tells TRENDS.
  • Mediators push for Gaza truce as UNRWA warns its activities may stop

    UNRWA chief Philippe Lazzarini said that "if the funding remains suspended, we will most likely be forced to shut down our operations by end of February not only in Gaza but also across the region". Jordanian Foreign Minister Ayman Safadi said after talks with Lazzarini that he "emphasized the immediate...
  • The DCO Council announces multilateral initiatives to bridge digital divide

    Manama, Bahrain - The Digital Cooperation Organization (DCO), a global intergovernmental organization dedicated to fostering digital prosperity for all by accelerating the inclusive growth of the global digital economy, has announced the launch of new initiatives to bridge the global digital divide. The DCO Council also announced the joining of...
  • Rise of GenAI boosts phishing threats during holidays

    The sophistication of GenAI-driven phishing attacks requires robust security, including advanced DDoS protection and proactive cyber resilience strategies, says an expert.
  • WEF24: Geopolitical upheaval to affect global economy

    Geopolitical tensions, including the Russia-Ukraine conflict, Middle East unrest, and China-Taiwan ties are key economic disruptors, says Bill Browder of Hermitage Capital.
  • UN says Israel-Hamas war leaves Gaza ‘uninhabitable’

    Since the relentless Israeli aerial and ground assault, triggered by Hamas's deadly October 7 attacks inside Israel, the United Nations said the decline in living conditions had been "precipitous". The UN Conference on Trade and Development (UNCTAD) estimated that by late November, 37,379 buildings -- the equivalent of 18 percent...
  • Norway warns of consequences over UNRWA funding cut

    "We urge fellow donor countries to reflect on the wider consequences of cutting their funding to UNRWA," Norwegian Foreign Minister Espen Barth Eide said in a statement to AFP. "UNRWA is a vital lifeline for 1.5 million refugees in Gaza," he said, adding that "to avoid collectively punishing millions of...
  • Dubai is a key player in global business landscape

    "The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs – particularly in the field of modern digital technologies – creating more opportunities, building promising partnerships, and developing effective solutions and pioneering projects," he adds.
  • WEF24: AI becomes a catalyst in education equality

    ASI & AI Tutor is collaborating with the UAE Ministry of Education to democratize learning with AI tutors, its 20-year-old CEO Quddus Pativada tells TRENDS.
  • Israeli strikes on Gaza continue as mediators push for new truce

    Heavy Israeli strikes and urban combat across the besieged Gaza Strip killed 128 more people overnight, the health ministry in the Palestinian territory said. The epicenter of fighting has been the southern city of Khan Yunis, where vast areas have been reduced to a muddy wasteland of bombed-out buildings.
  • Choice and opportunity are crucial for empowerment

    "These are all campaigns into which I have poured my heart and soul. True empowerment, the kind I want for my daughter, involves the opportunity and tools to make your own choices," adds Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America.
  • Saudi envoy to US deplores Western media criticism of women rights in kingdom

    Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of the kingdom's hosting of the Women's Tennis Association Finals and broader issues concerning women's rights in Saudi Arabia. In response to an opinion piece published by The Washington Post, she...
  • WEF24: AI stays at forefront of energy revolution

    There is a need for global policy alignment to meet the rising energy demands and tackle climate change challenges, Marco Arcelli, CEO of ACWA Power, tells TRENDS.
  • Iran and Turkey to set up free trade zone at border in Khoy city

    Tehran, Iran--Iran and Turkey will join hands to set up a free trade zone at the border crossing in Khoy city. Head of the Iranian-Turkish parliamentary friendship group in the Iranian shura council Adel Najafzadeh said during the recent visit of the Iranian President Ebrahim Raisi to Turkey, Raisi and...
  • SAIF Zone signs MoU with Tokai Optical

    The Japanese firm will lease a warehouse in the free zone.
  • WEF24: Creative leap diversifies Nigerian economy

    Nigeria is diversifying its economy, moving beyond oil to embrace the blue and digital economies, Minister of Art, Culture, and Creative Economy Hannatu Musa Musawa tells TRENDS.
  • US, Egypt, Qatar and Israel officials in Paris talks for Gaza ceasefire

    French authorities were also in touch with these four countries with the aim of negotiating a halt to hostilities between Israel and the Palestinian militant group Hamas in the besieged territory, the sources said. A security source on Friday told AFP that CIA chief William Burns would meet his counterparts...
  • UAE emerges as a new leader in global healthcare

    “This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but also the well-being of the community. The UAE's internationally recognized success in healthcare stems from its advanced health infrastructure, adaptable legislation, and skilled, trained workforce, all contributing to a globally...
  • WEF24: DCO leads in bridging global digital divide

    Digital Cooperation Organization's initiatives are key to empower emerging economies through digitalization's full potential, its Secretary General Deemah AlYahya tells TRENDS.
  • Embracing renewables secures UAE’s green future

    "COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair, and realistic transition to a zero-carbon energy system. It also set, for the first time, specific time-bound goals to triple the capacity of renewable energy sources by 2030," he adds.
  • WEF24: Managing risks crucial amid AI advancements

    AI can revolutionize work and productivity, but balanced regulation is crucial to prevent misuse, Stephen Pagliuca of Bain Capital tells TRENDS at Davos 2024.
  • UAE leads in cybersecurity for unmanned systems

    "The digital transformation, which relies on artificial intelligence technologies, has touched all sectors and contributes to improving the quality of life and supporting businesses. This transformation promotes sustainable development toward a more advanced and prosperous future," Al Kuwaiti adds.
  • WEF24: Investor confidence fuels sustainable growth

    GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE, its CEO tells TRENDS in Davos.
  • NEOM announces its new luxury ecotourism destination Zardun

    NEOM, SAUDI ARABIA - NEOM's Board of Directors has announced the launch of Zardun - an exclusive resort and natural reserve that will contribute to the restoration and revitalization of the surrounding environment. This will help in supporting NEOM's efforts to develop luxury ecotourism in the Kingdom. Zardun is NEOM's...
  • WEF24: Unified approach key to resolve challenges

    Unified global solutions are crucial to tackle issues like climate change, AI norms, and economic fragmentation, Khalfan Belhoul of Dubai Future Foundation tells TRENDS.
  • Qatar’s strategic initiatives boost sustainable infra

    "The financial sector is well-positioned to leverage the opportunities and address the risks presented by the technological evolution. We are committed to ensuring that the financial sector has the necessary resilience, capital, and liquidity to maximize opportunities and effectively mitigate risks," adds Maha Sultan Al Sowaidi.
  • Israel destroys Palestinian home in occupied West Bank

    Basil Shehadeh was arrested on suspicion of helping two other Palestinians carry out the deadly shooting at a petrol station near Eli settlement in the northern West Bank.
  • Thousands trapped as Israeli troops surround hospitals in Khan Yunis

    "Heavy fighting is reported in proximity to hospitals in Khan Yunis, including Al-Aqsa, Nasser and Al-Amal, with reports of Palestinians trying to flee to the southern town of Rafah," the UN humanitarian agency OCHA said. "No-one can enter or exit (Nasser Hospital) due to ongoing bombardments," OCHA said citing medics...
  • Airports fly into technology, security innovations

    “The future of travel heavily depends on the transformative power of biometrics and touchless passenger experiences. These innovations aim to reshape air travel, benefiting all stakeholders, especially with the adoption of such seamless processes internationally,” he adds.
  • Threat of AI-powered phishing is on the rise

    "Technologies such as Generative AI presents new security challenges. The rise of automated spear phishing necessitates reevaluating our trust heuristics. Where once professionalism's appearance sufficed for trust, now more stringent communication verification protocols are needed," he adds.
  • ‘Multilateral cooperation remains crucial for peace’

    "The UAE’s priority (amid the ongoing Gaza conflict) is to work towards reaching a ceasefire, safeguarding the lives of civilians, providing sufficient and sustainable relief and medical aid, and to avoid a regional spillover that would threaten security and stability in the region," he adds.
  • WEF discusses politics, climate, but not Gaza crisis

    Khalid Janahi, CEO of Vision3, in an exclusive interview with TRENDS, delves into why this vital topic was overshadowed in global forums like the recenty concluded WEF.
  • Global leaders need digital skills for AI management

    "Governments should design solutions to face these challenges rather than ignoring them, leveraging the positive effects and significant opportunities presented by adopting these solutions. It is crucial to shift the negative perception of artificial intelligence today, fostering a new view of the opportunities and challenges it presents," he adds.
  • Middle East only region to overcome pre-Covid tourism levels: UNWTO

    "International tourism is expected to fully recover pre-pandemic levels in 2024, with initial estimates pointing to 2.0 percent growth above 2019 levels," the Madrid-based agency said in a statement. Figures for last year showed that 1.3 billion tourists travelled abroad, 44 percent higher than in 2022 and 88 percent of...
  • Dubai at forefront of sustainable energy innovations

    “We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose by 9 percent, and peak water demand increased by 5 percent. This growth stems from urban development, economic expansion, and a steady rise in population," he adds.
  • Government, financial sectors top cyberattack targets

    The Middle East's oil and gas sector also stays on hit list of of cyberattackers, Trellix CEO Bryan Palma tells TRENDS, stressing the need for widespread cybersecurity investments.
  • Watch: Experts discuss how Arab world reshapes future

    At the HUB Davos 2024 conference, UAE's Minister of Economy Abdulla Bin Touq Al Marri highlights the nation's commitment to diversifying its economy amidst global changes.
  • Disinformation, misinformation hurt global businesses

    "These risks are serious because they limit our ability to tackle the big global challenges we are facing. Changes in our climate and our geopolitical climate, shifts in our demography and in our technology. Spiraling regional conflicts and intensified geopolitical competition, and their impacts on supply chains," she adds.
  • AI revolutionizes UAE’s life sciences & healthcare

    "By leveraging advanced data analysis techniques to process extensive datasets from diverse sources, including genomic data, scientific literature, and clinical trials, AI algorithms can identify potential drug candidates, predict their efficacy, and optimize their design," he adds.
  • Saudi Arabia leads world in innovation and investment

    "This is in the service of humanity and in building an interconnected and innovative future in various fields, including public health, sustainability, energy, industry, and the economies of the future. This aligns with the ambitions and national priorities for research, development, and innovation declared by the Kingdom," he adds.
  • Saudi Vision 2030 aligns with global eco-goals

    "The Davos meeting provides a platform for showcasing Saudi Arabia’s significant efforts and progress in these areas ... International partnerships play key role in addressing contemporary challenges, particularly in food, water, energy, and securing sustainable global supply chains," he adds.
  • Global crises, AI key focuses of World Economic Forum

    The upcoming Davos summit is set to become a melting pot of discussions on critical global issues, including the conflicts in Gaza and Ukraine, and the rapid rise of AI.
  • Dubai aims to become global creative economy capital

    "Dubai transcends economic statistics; it embodies a pursuit of the highest quality of life. Our aspiration is to achieve excellence, provide superior services, and ensure top quality across various sectors," Al Gergawi adds while speaking during his keynote at the '1 Billion Followers Summit'.
  • NEOM announces Aquellum as futuristic lifestyle community

    NEOM, SAUDI ARABIA - The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within the mountains, and the latest addition to the ongoing regional development in the Kingdom. With its foundations steeped in cutting-edge technology, avant-garde architecture and forward-thinking concepts, Aquellum will offer guests...
  • Jordan king, Sisi and Abbas call to ‘maintain pressure’ for Gaza ceasefire

    A royal palace statement issued after the meeting said the three leaders had "reiterated the need to maintain pressure to push for ending the Israeli aggression on Gaza, and protecting unarmed civilians". They also "highlighted the need to ensure the sustainable delivery of sufficient relief and humanitarian aid to alleviate...
  • Emerging crypto hub UAE shapes digital assets’ future

    "As 2024 unfolds, we anticipate that both private and public enterprises will increase their investments in the infrastructure and services of the crypto ecosystem. This trend bodes well for the growth of the UAE’s crypto sector. There's every reason to believe that institutional investment will continue to gain momentum," she...
  • WHO urges Israel to allow aid delivery in ‘indescribable’ Gaza

    "Delivering humanitarian aid in Gaza continues to face nearly insurmountable challenges," WHO chief Tedros Adhanom Ghebreyesus told a press conference. "Intense bombardment, restrictions on movement, fuel shortages, and interrupted communications make it impossible for WHO and our partners to reach those in need."
  • Blinken tells Abbas US backs ‘tangible steps’ for Palestinian state

    Blinken "underscored the United States' position that all Palestinian tax revenues collected by Israel should be consistently conveyed to the Palestinian Authority in accordance with prior agreements," Miller said. Israel has for years withheld part of the funds, over issues including payments to Palestinian prisoners and more recently the Gaza...
  • Jordan king to host Sisi, Abbas for Gaza talks: palace

    King Abdullah, in a meeting Sunday with US Secretary of State Antony Blinken, called on the United States to press Israel for an "immediate ceasefire" and to put an end to the humanitarian crisis brought by the Gaza war. King Abdullah had also warned Blinken against "the catastrophic repercussions of...