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DO MORE WITH MORE: HERZBERG
Radical collaboration needed to unlock AI potential: AVEVA CEO
AVEVA World, the flagship event of AVEVA — a global leader in industrial software driving digital transformation and sustainability — opened on Tuesday with a call for “radical collaboration” to fully realise the promise of artificial intelligence (AI).
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1.5m TONNES AROMATICS COMPLEX
Aramco, Sinopec and Yasref ink deal for petchem plant expansion
Saudi oil giant Aramco has joined hands with China Petroleum & Chemical Corporation (Sinopec), and Yanbu Aramco Sinopec Refining Company (Yasref) to pave the way for a major petrochemical expansion at Yasref, in Yanbu, on the kingdom's west coast.
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KEY FLORIDA, TEMPE PROPERTIES
Investcorp Capital sells prime US industrial portfolio for $360m
Investcorp Capital, a major player in the private markets and alternative investment sector, has announced that it has completed the sale of its US industrial real estate portfolio - spanning 2.3 million sq ft across six states - for $360 million.
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OPINION
Energy leaders push back net-zero expectations amid high costs
Despite record clean energy investments, the companies tasked with delivering on the energy transition, cite financial constraints, shareholder hesitancy, and policy uncertainty as key obstacles - while optimism grows around AI and emerging technologies.
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OPINION
Has Dubai’s branded residences boom reached its peak?
Dubai’s real estate - a global stage for architectural ambition - is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has Dubai's appetite for branded homes reached its limit?
Top Trade News
 | Industry Sectors |
Dutco lands $427m Majid Al Futtaim ultra-luxury project deal
Majid Al Futtaim, a leading mall and leisure pioneer, has awarded a AED1.57 billion ($427 million) contract to Dutco Construction for the development of an ultra-luxury neighbourhood in the heart of its flagship lifestyle hub in Dubai - Tilal Al Ghaf.
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Titan unveils first multi-brand lifestyle destination store in UAE
Titan Company, India’s premier fashion and accessories powerhouse under the Tata Group, has launched a multi-brand lifestyle destination store - a concept that brings three of its top brands - Tanishq, Titan Watches and Titan Eye+ - under one roof.
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Russian scientists develop new catalyst to boost heavy oil production
Russian scientists at Kazan Federal University have developed a new catalyst based on iron, nickel, cobalt, chromium, and copper to enhance the extraction of highly viscous heavy oil. It has been tested in field conditions at a well in the Samara region.
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Trump stokes global trade war as world reels from US tariff shock
Global markets slumped on Thursday after President Donald Trump announced a major round of tariffs on US imports. The world’s biggest economies reacted swiftly to this, a significant escalation of trade tensions with US and some warned of retaliation.
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Has Dubai’s branded residences boom reached its peak?
Dubai’s real estate - a global stage for architectural ambition - is moving into a new era with the rise of branded residences. Yet, as the market expands at a breakneck pace, a question lingers: has Dubai's appetite for branded homes reached its limit?
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DHL, Temu in deal to boost Europe, Mideast SMEs growth
DHL Group, a leading logistics company, has signed an agreement with the e-commerce marketplace Temu to deepen their cooperation and help support local SMEs in established markets as well as in growth markets such as Eastern Europe and the Middle East.
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KSA's travel account surplus reaches nearly $13bn in 2024
Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account, reaching SAR49.8 billion ($13 billion), a 7.8% increase over 2023.
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EY-Parthenon eyes $250m investment in AI-powered Edge platforms
EY-Parthenon, a key unit of accounting firm EY and major player in the private equity and M&A sector, is set to make a $250 million investment in its artificial intelligence (AI)-powered Edge platforms working with Microsoft and vendors including OpenAI.
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Jacob & Co. unveils first World Is Yours Salman Khan watch
Jacob & Co., the globally renowned high jewellery, high watchmaking brand, has launched a limited edition in 'The World Is Yours Dual Time Zone' collection, created in collaboration with Bollywood superstar and style icon of Indian cinema Salman Khan.
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Chery, AW Rostamani roll out revamped Tiggo 4 in UAE
Chinese automobile manufacturer Chery has partnered with it sole distributor AW Rostamani to unveil the revamped version of Tiggo 4 in the UAE. The compact SUV combines modern design elements with advanced safety features.
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Salma Hayek named Merz Aesthetics brand ambassador
Merz Aesthetics, a leading medical aesthetics business, has announced world-renowned actress, director and producer, Salma Hayek Pinault, as the first-ever global brand ambassador for its advanced micro-focused ultrasound platform - Ultherapy PRIME.
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Indian diaspora world’s biggest at 35.4m, says report
The world’s largest diaspora is now made up of Indians which stands at 35.4 million globally, said a report citing a minister. Of this, around 15.9 million are non-resident Indians (NRIs) and 19.5 million are persons of Indian origin (PIOs).
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Spring Venture, Tamkeen launch programme for Bahrain startups
Spring Venture Services, a management consulting firm based in Bahrain, has announced the launch of the 'Rise: The Art of Fundraising,' an intensive two-week training programme for startup founders in collaboration with kingdom's labour fund Tamkeen.
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Myanmar quake toll likely to hit 3,000 as many still missing
The death toll from the powerful earthquake in Myanmar has risen to 2,719, with 4,521 people injured and 441 reported missing. United Nations officials, who surveyed earthquake damage in Myanmar warned that the death toll is expected to surpass 3,000.
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