INSEAD-Day

technologies

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • Dubai, UAE--Ten transformative technology solutions could change the way the world powers homes, grows food and secures freshwater, according to a new World Economic Forum report released today. Many of these critical technologies already exist but remain underused. Unlocking their potential as practical, scalable solutions to pressing climate challenges will...
  • Energy-related global CO2 emissions hit record levels in 2023, says IEA

    PARIS, FRANCE – Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years thanks to continued expansion of clean technologies, the International Energy Agency said on Friday. CO2 emissions from energy rose by 1.1 percent in 2023, increasing by 410 million tonnes to a...
  • Utilizing AI is only possible if skill gap is bridged, says expert

    DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily lives, an expert has said. Igor Tulchinsky, Founder, Chairman and Chief Executive Officer, WorldQuant, wrote for the World Economic Forum that while AI brings tremendous potential benefits — from diagnosing...
  • Digitalization has high environmental costs, says UNCTAD meet

    DUBAI, UAE - With global attention on the COP28 climate summit, UNCTAD’s eWeek 2023 highlighted digitalization’s potential to accelerate climate action and its environmental costs. Data-driven technologies like the Internet of Things, robotics and artificial intelligence (AI) can enhance climate change monitoring, optimize energy use and production processes, and promote...
  • ENEC, X-energy sign agreement

    The firms will collaborate on nuclear energy technologies.
  • India wants to use UAE expertise in smart cities: official

    New Delhi, India - India wants to cooperate with the UAE in smart cities and technologies, President and CEO of the National e-Governance Division (NeGD) at the Ministry of Electronics and Information Technology of India Abhishek Singh said on Monday.  In his statement to the Emirates News Agency (WAM) on the...
  • Huawei H1 revenue at US$43.3bn

    The firm works to diversify its business operations.
  • New WEF report reveals technologies to impact world in the next five years

    TIANJIN, CHINA -  The World Economic Forum on Tuesday announced its annual list of breakthrough technologies with the greatest potential to make a positive impact on the world. These include flexible batteries, generative AI and sustainable aviation fuel. The technologies featured in the Top 10 Emerging Technologies Report 2023, produced...
  • DEWA announces pilot use of ChatGPT on its website

    Dubai, UAE: Dubai Electricity and Water Authority (DEWA) announced the pilot use of ChatGPT, since April 2023, on its website through Rammas, DEWA’s virtual employee, to enhance customer experience. The step has been taken as part of the company’s strategy to employ Artificial Intelligence (AI) technologies across all its operations...
  • GCC beats the heat with innovations, technologies

    Gulf nations make significant strides in battling scorching summer by implementing groundbreaking technologies to create cooler and more comfortable urban environments.
  • EU unveils plans to scale up net-zero technology

    BRUSSELS, BELGIUM- The European Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition, local media reports said. This initiative was announced by President Ursula von der Leyen as a part of the...
  • UAE keen on new technologies, says minister at Raisina Dialogue 2023

    NEW DELHI, INDIA -  UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al Olama said that his country has succeeded in adopting state-of-the-art, digital, and futuristic solutions as a key pillar for enhancing prosperity. Al Olama made this remark at the Raisina Dialogue...
  • Abu Dhabi launches smart manufacturing index

    ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has launched the 'Abu Dhabi Smart Manufacturing Index', that guides and facilitates private sector players’ transition to Industry 4.0 technologies. This is a part of its initiatives and objectives set forth by the Abu Dhabi Industrial Strategy which...
  • How the Middle East can promote agritech

    The region’s agriculture suffers from a variety of economic and policy problems. There is a lack of agricultural labor. The sector’s capabilities are underdeveloped, yields are low, soil salinity is an issue, and there are shortages of arable land, feed resources, and water, he adds.
  • High investments in H1 2022 for DEWA transmission substations

    Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the first half of 2022, compared to the same period last year.
  • Asia green business market to hit $5 trillion by 2030

    More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating new green investment opportunities.
  • UAE, Egypt discuss cooperation in defense industries

    A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.
  • Large turnout of visitors at WETEX, Dubai Solar Show

    The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in its 24th edition.
  • DEWA CEO briefs Utah House of Representatives delegation

    MD & CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer met a delegation from the Unified Economic Opportunity Commission of the Utah House of Representatives, USA.
  • Kubernetes simplifies container use in the Middle East

    With Kubernetes, regional enterprises have automated their deployment, managment and scaling of containerized applications. Since it is controlled by developers and not infrastructure teams, there is a better understanding which ultimately leads to high quality results, he adds.
  • Green hydrogen production in UAE to touch 5.7m tonnes in 2030

    Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.
  • Clean energy is key for Indonesian economy, says IEA

    Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report.
  • UAE keen to work with global partners to address energy issues

    A senior UAE official at the Ministry of Energy and Infrastructure said that his country is committed to collaborating with the international community to confront challenges facing the global energy sector.
  • DEWA’s R&D Center registers patent for robotic carrier

    Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface.
  • DEWA organizes virtual seminar, 90 Turkish firms participate

    Dubai Electricity and Water Authority (DEWA) has organized a virtual seminar with 90 leading Turkish companies in the energy and water sectors.
  • Digital health sector to cross $230bn in five years

    Healthcare will play a significant role in building and empowering the new generation of governments, said Mohamed Yousef AlSharhan, Deputy Managing Director of the World Government Summit Organisation while releasing the report that outlines how governments can implement digital-health solutions.
  • Digital technologies can cut greenhouse gas emissions: WEF

    Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility and materials, according to a study by the World Economic Forum and Accenture.
  • Building trust in a zero-trust environment

    How can companies effectively navigate zero trust without creating friction among employers and employees? And how do they get there without the luxury of trust-building exercises in the close quarters of an in-office environment? Vega offers a few solution to deal with the crisis.
  • PIF launches Saudi Coffee Company

    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.
  • Al Maktoum Solar Park key to achieving UAE’s net zero goal: DEWA

    Dubai Electricity and Water Authority (DEWA) is implementing the Mohammed bin Rashid Al Maktoum Solar Park clean and renewable energy project to achieve net-zero emissions by 2050. Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world. The solar park has a planned capacity...
  • Technology helps GCC health insurance get stronger

    All this can be achieved by integrating automation, providing transparency, customizing services whenever required. Also, insurers are moving towards segmentations on the back of digitization and data that enables this transition from generic fit for all plans to more meaningful and tailored plans for the policyholders, he adds.
  • VARA of Dubai to make entry into Metaverse through ‘Sandbox’

    Dubai’s Virtual Assets Regulatory Authority (VARA) will enter into the Metaverse with the establishment of its Metaverse HQ in the dynamic virtual world of ‘The Sandbox’.
  • DIFC launches ‘Studio Launchpad’ focused on ubiquitous finance

    Dubai International Financial Centre (DIFC) has announced the launch of Studio Launchpad, saying it is the world’s first venture studio platform exclusively focused on ubiquitous finance and digital asset technologies. DIFC said the Launchpad is a key part of it’s efforts to achieve the goals of its 2030 strategy by...
  • DFF to support tech startups in luxury retail challenge

    Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support tech start-ups to participate in a special challenge. The challenge is to utilize the latest technologies and innovations and contribute to the development of a quality and innovative experience for...
  • Dubai Municipality to tap into Metaverse gains in pursuit of futuristic goals

    Dubai Municipality will work with private sector companies and investors to create a futuristic, human-centered version of the city that capitalizes on opportunities thrown up by the metaverse, according to Dawood Abdul Rahman Al Hajri, Director-General of Dubai Municipality. Dawood Abdul Rahman Al Hajri, Director-General of Dubai Municipality, said this....
  • Mawani signs MoUs with Huawei, Ericsson to push Smart Ports program

    The Saudi Ports Authority (Mawani) on Sunday launched the Smart Ports initiative in a bid to enable Saudi ports apply modern technologies and boost their competitiveness. During the launch, Mawani signed three MoUs with STC, Ericsson and Huawei, the Saudi Global Ports Company (SGP), the Red Sea Gateway Terminal Company...
  • 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.
  • How commercial satellites are shaping the Ukraine conflict

    Thanks to the explosive growth of the private satellite industry, the volume of imagery is greater and turnaround time faster compared to prior conflicts.
  • Gulf travel industry rides on frequent innovations

    While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to verify the identity of passengers at a faster rate, this sector demands frequent innovations.
  • First edition of leading global event on defense to kick off in Saudi

    The World Defense Exhibition (WDE) declared that its first edition will be held in Riyadh, Saudi Arabia, from March 6-9, 2022, according to media reports. WDE is a leading global event on defense and security. The exhibition will begin with an opening ceremony that includes live demonstrations of the capabilities...
  • Aramco officially launches $1 billion Venture Capital fund Prosperity7 Ventures

    Saudi Aramco has officially launched Prosperity7 Ventures, a $1 billion Venture Capital fund. The fund has been operational for over a year but was launched officially on Tuesday by Aramco Chief Technology Officer Ahmad Al-Khowaiter during the LEAP 22 technology conference in Riyadh. Prosperity7 is designed as a global financial...
  • Saudi Arabia, Romania sign wide-ranging defense agreement

    Saudi Arabia and Romania signed on Tuesday a defense cooperation agreement that covers training, exchange of expertise, technologies, developing communications systems, medical services, military history, archives, publications, and museums, among others. The agreement is in line with the two sides’ commitment to promote and encourage international peace and stability. Assistant...
  • Sony arm to make EVs

    The Sony Mobility subsidiary will be created in spring 2022.
  • Key to growth seizing $3trn tech opportunities: Saudi minister

    Al-Ibrahim says Saudi Centre for the Fourth Industrial Revolution will lead the country’s endeavors in providing solutions to global challenges.