UK Foreign Secretary David Cameron

UK Foreign Secretary David Cameron in Oman as Red Sea tensions escalate

His visit to Muscat follows regional travel last week where he met with leaders in Israel, Qatar and Turkey

Emirates joins forces with UK in sustainable aviation push Image Emirates X

Emirates joins forces with UK in sustainable aviation push

The Solent Cluster has the potential to create a sustainable aviation fuel plant with an estimated fuel production capacity of 200,000 tonnes (200 kt) per year

Ikea furniture price discount

Your next Ikea purchase could come at a discount as raw material costs ease

The furniture retailer has announced price cuts in Germany – its biggest market by sales – as well as Sweden and the UK

NEURALINK

Chips in human brains now a reality: Elon Musk confirms first Neuralink implant

The US Food and Drug Administration had given the company clearance last year to conduct its first trial to test its implant on humans

TAX

What do Indian expats expect from interim Budget 2024?

With the unveiling of Budget 2024 just round the corner, the NRI community hopes that the Tax Deducted at Source (TDS) process as well as the tax bracket is re-worked to provide relief

Business as usual for Suez Canal as Egypt denies suspension

Navigation movement in Egypt’s Suez Canal is regular from both directions, says a top official from that country

APPLE VISION PRO

Apple’s Vision Pro headset gets a release date, bookings start January 19

The headset starts at $3,499 and marks the company’s biggest product launch since the original iPhone went on sale in 2007

Sheikh Mohamed in Gujarat

UAE President Sheikh Mohamed lands in India for Vibrant Gujarat Global Summit

The Vibrant Gujarat Global Summit will see the participation of 34 countries and 16 international organisations in its 10th edition

Mukesh Ambani and Gautam Adani

Billionaire index: Gautam Adani surpasses Mukesh Ambani as India’s richest man

Adani currently ranks 12 among the world’s richest

ANTONY-BLINKEN-MAHMOUD-ABBAS-STATE-DEPT

Antony Blinken back in the Middle East as Israel crisis rages on: 8 countries on tour list

Blinken’s visit to the region comes amid an escalation to the crisis in the Middle East

microsoft introduces copilot

Copilot: Microsoft adds AI button in first change to its keyboard in 30 years

The button will be seen on some new Windows 11 PCs in the run-up to and at the CES technology trade show

Saudi businessman survives -50°C, 60 mph winds to reach South Pole

Saudi Arabian adventurer and businessman Badr Al-Shebani has trekked to the South Pole in Antartica and endured tough conditions

WATCH: Saxo Bank CIO on global risks, opportunities in 2024

Chief Investment Officer of Saxo Bank, Steen Jakobsen, recently sat down with Gulf Business in an exclusive interview on the economic picture for 2024

Tesla

Chinese EV giant BYD overtakes Tesla in car sales for Q4

BYD’s deliveries show price cuts are working for the Chinese company

REVEALED: The 30 best places to work in the Middle East

The annual Middle East list, published by “The Best Places to Work”, has just been released and it has based its results on the assessment of over 500 companies

Neodymium, on periodic table. Rare earth metal in lanthanide series, with atomic number 60 and element symbol Nd, from Greek neos didymos, meaning new twin. Used for lasers and high strength magnets.

China bans export of rare earths processing tech over national security

China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of critical minerals

UK

Has UK economy entered a recession? Q3 data suggest so

UK Finance Minister Jeremy Hunt said the outlook for the economy was not as bad as the updated official figures suggested

Toshiba

From scandal to delisting: Toshiba’s long-running crisis

Toshiba will be delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal

Tesla

Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards

Tesla will roll out the update to 2.03 million Model S, X, 3 and Y vehicles in the US dating back to 2012

India China

India’s economy follows China to reach rapid take off: Kemp

India is entering the central take-off portion of the S-curve when urbanisation, industrialisation, household incomes and energy consumption increase most rapidly

EGYPT-Cairo-City-GettyImages-83589386.jpg

How deep are Egypt’s economic troubles?

An over-valued currency, weak property rights and institutions, and an overbearing state and military have deterred investment and competition

Total passenger traffic rises 64.4% in 2022

Global airlines poised for 2.7% jump in profit in 2024, says IATA

Industry profits will reach $25.7bn in 2024, which is a slight improvement over this year’s $23.3bn

heat - hot areas image credit Getty Images

How heat fueled extreme weather across the world in 2023

Large swathes of North America, Europe and China saw heatwaves and blistering temperatures that triggered public health warnings

Sam Altman of OPENAI

Microsoft, OpenAI tie-up comes under antitrust scrutiny

UK to look at whether Microsoft-OpenAI deal harms competition

AI

Europe agrees landmark AI regulation deal

The accord requires foundation models such as ChatGPT and general purpose AI systems (GPAI) to comply with transparency obligations before they are put on the market

CYCLONE MICHAUNG

Cyclone Michaung: Dozens of flights affected at Chennai, Hyderabad and Pune airports

Heavy rainfall due to Cyclone Michaung has impacted international and domestic inbound and outbound flights across multiple airports in India

UAE unveils World Fire Emission Reduction Alliance Image Dubai Media Office

UAE unveils World Fire Emission Reduction Alliance at COP28

The signatories collectively represent over 56 countries globally, establishing a wide-ranging global alliance dedicated to reinforcing security, disaster prevention

Former US Secretary of State Henry Kissinger (1923-2023)

Henry Kissinger, former US Secretary of State, dies aged 100

Kissinger had a role in many of the epoch-changing global events of the 1970s while serving as national security adviser and secretary of state

OpenAI - Sam Altman

UPDATE: Sam Altman to join Microsoft after OpenAI exit

Altman’s sacking angered current and former employees and worried them over an upcoming $86bn share sale

AUSTRALIA LIFT CRICKET WORLD CUP-2023

Cricket World Cup 2023: Australia stun hosts India to lift trophy

The Pat Cummins-led Australian side cruised to a win with seven overs remaining