- Washington, United States - iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence, a news report said Thursday. According to the Wall Street Journal, the company founded by Steve Jobs is at the funding table as OpenAI raises...
IEA calls on G7 to be ‘first movers’ in lowering CO2 emissions
The International Energy Agency (IEA) has said that G7 economies are well placed to be first movers on driving down carbon dioxide emissions from heavy industry.Quality education could add $2.54 trillion to global economy
A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, World Economic Forum (WEF) said in its latest report. The compound effects of the pandemic, pre-existing inequalities, and the rapid technological change...2016 EgyptAir disaster started by cigarette in cockpit: report
An EgyptAir crash in 2016 that killed 66 people in the Mediterranean was likely caused by a fire that started in the cockpit, according to the conclusions of French experts contained in documents revealed on Wednesday sent to the Paris court of appeal in March and seen by Italian daily...MENA region saw $2.88bn startup investment in 2021: Report
The report also claimed that the value of early-stage deals for startups in the region doubled from 2020 to 2021.Spending on quantum computing will surge to US$ 9.1 billion by 2030: report
Tractica LLC, a market intelligence firm, revealed that spending on quantum computing will surge from US$260 million in 2020, to US$9.1 billion by 2030.Saudi Finance Ministry forecasts kingdom’s GDP to grow by 7.4%
The Saudi Finance Ministry has forecast the kingdom's real gross domestic product to grow by 7.4 percent.UN talks on climate solutions wrap up two days into overtime
Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to rapidly purge carbon pollution from their economies.Dubai’s real estate market to ramp up going forward: Report
Over 84 percent of real estate professionals expect competition within Dubai’s real estate market to ramp up going forward, according to the 2022 EMEA Real Estate Report published by Berkshire Hathaway HomeServices global headquarters. The report reflected the experiences of residential real estate professionals across seven key markets in Dubai,...Untapped groundwater offers ‘vast potential’: UNESCO report
UNESCO stated that about 99 percent of all of the liquid groundwater on Earth is groundwater, although the resource is often poorly understood or undervalued.Nations debate how to rid world of fossil fuels
Nearly 200 nations gathered Monday to grapple with a question that will outlive Covid-19 and Russia's invasion of Ukraine: how does a world addicted to fossil fuels prevent carbon pollution from making Earth unlivable?On International Day of Happiness, UAE aims for best quality of life
The UAE is celebrating the International Day of Happiness, observed on March 20, with achievements and gains that enhance the happiness of the entire society.UAE e-commerce hits $5bn in 2021, may surpass $8bn by 2025
E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025, according to a data released by EZDubai, a dedicated e-commerce zone in Dubai South, in partnership with Euromonitor International, a global business intelligence, market analysis and consumer insights provider. More...UN chief flays world powers for ‘criminal’ lack of climate leadership
UN chief Antonio Guterres blasted world powers for a "criminal" abdication of leadership after the release Monday of an extensive new report on climate change impacts, accusing major polluters of fueling devastating warming that threatens people and planet.Pandemic turns business models upside down, says Fjord Trends report
Nearly two years of disruption to the fabric of society due to global pandemic has resulted in a collective shift in people’s relationships with work, consumerism, technology, and the planet, pushing companies to design new ways of doing business, according to the annual Fjord Trends report from Accenture. Newly identified...South Africa tax authority uncovers $1.8 bn gold scam: report
South Africa's tax authority has uncovered a 1.8-billion-dollar gold scam, in which coins and jewelry were illegally smelted into gold bars for sale overseas, a watchdog said Thursday. Between 2012 and 2020, the scammers bilked the government for 24.4 billion rand (1.8 billion dollars, 1.4 billion euros) by defrauding the...Growing health costs push over half a billion into extreme poverty: WHO-WB
UN Secretary-General António Guterres in his message marking the International Universal Health Coverage Day said that with the third year of the pandemic fast approaching, "we must urgently strengthen our health systems to ensure they are equitable, resilient and capable of meeting everyone’s needs, including for their mental health.''Pandemic turns out to be a boon for billionaires
The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed Tuesday.Tadawul bars Anaam Holding from trading for one day
Tadawul, the Saudi Exchange, has barred Anaam International Holding Group from trading for one day, after an adverse comment in auditor’s report against the company.Cut meat consumption to avert climate catastrophe: Report
Fossil fuels, energy and transport tend to dominate climate discussions. Governments largely ignore livestock’s contribution to climate change, terrified of taking on the powerful vested interests that drive expanding global consumption of meat and dairy. Changes to our diets could contribute up to a fifth of the mitigation needed to...World Bank warns high energy prices could stoke inflation
World Bank has warned that rising energy prices will stoke inflation in many emerging markets and developing countries.IMF to decide ‘very soon’ on whether Georgieva keeps her job
The IMF Executive Board is reviewing last month's investigation by the law firm WilmerHale that found that during her time as World Bank CEO, Georgieva was among top officials who pressured staff into changing data to China's benefit in the 2018 edition of its closely watched Doing Business report.IMF chief: ‘Did not pressure anyone’ while at World Bank
An independent investigation found that during her time as World Bank CEO, Georgieva was among top officials who pressured staff into changing data to China's benefitUAE has advantage in leading global hydrogen market: Report
DUBAI: The UAE has the foundations and competitive advantages to become one of the largest producers of low-carbon hydrogen in the world, a report said. The report, ‘The United Arab Emirates’ Role in the Global Hydrogen Economy’, details the importance of hydrogen as a potential fuel of the future and...Social cost of 2019’s plastic more than GDP of India
There is increasing international alarm over the sheer volumes of fossil-fuel based plastics entering the environment, as microplastics have infiltrated even the most remote regions of the planet. Tiny fragments have been discovered inside fish in the deepest recesses of the ocean and peppering Arctic sea ice.Bombshell UN climate change report shows global warming accelerating
Years in the making, the sobering United Nations report approved by 195 nations shines a harsh spotlight on governments dithering in the face of mounting evidence that climate change is an existential threat.UN science panel to release major climate change report findings
The report will project global temperature changes until the end of the century under different emissions scenarios.


























