The AI technology is largely ready, but organisations now face the challenge of closing the gap between AI adoption and effective implementation, said an expert. Falling behind on AI implementation is costing clients and talent with a new research warning of $143 billion at risk in US.
Artificial Intelligence is exceeding most CEOs’ expectations and their optimism is growing with 69% of those surveyed now seeing AI adoption as mandatory for modern business, said a new report. But major challenges remain for companies struggling to build the infrastructure and security controls.
The Saudi asset management industry remained resilient in Q1 during the height of the Iran conflict, even posting some growth, according to Fitch Ratings. Assets under management (AUM) are likely to continue to rise, surpassing $400 billion in 2027.
The US-Iran deal should allow a return of container shipping to the Strait of Hormuz, but the scale of disruption caused by the blockade puts a recovery of ocean supply chain networks at mid-September 2026, in a best-case scenario, says Xeneta, an ocean and air freight intelligence platform.
As the Artificial Intelligence (AI) initiatives move from experimentation to production, fragmented log management from too many tools is emerging as a key barrier to operational scale. The rapid growth of AI workloads is pushing traditional log management approaches to their limits, said an expert.
Hiring momentum remains strong in the UAE, with the country recording a net employment outlook of 60% for Q2 2026, placing it among the strongest employment markets globally.
Elon Musk has become the world’s first trillionaire, a milestone that offers investors a glimpse into where the next generation of “extraordinary wealth creation is likely to emerge”, affirms Nigel Green, CEO of global financial advisory deVere Group.
The most interesting aspect of the mega SpaceX IPO may not be what the company has built. It is the fact that two rational, informed traders study the same prospectus and arrive at valuations nearly a trillion dollars apart.
The heightened volatility in commodity prices, profit rates, and exchange rates following the onset of the Iran war has reinforced the importance of Islamic derivatives for risk management, Fitch Ratings says. However, adoption is fragmented, and varies by sector and country.
Global trade in ocean-related services rose to $1.44 trillion in 2025, representing 58% of the $2.5 trillion ocean economy and surpassing goods as the dominant segment of ocean trade, according to new data from the United Nations Conference on Trade and Development (UNCTAD).
