Agentic AI is driving a generational shift that will revolutionise industries and reshape workforce dynamics in ways we now have begun to understand. Soon, human and AI 'workers' will learn to coexist, collaborate and thrive together, said an expert.
The latest personal consumption expenditures index and Fed Reserve’s preferred inflation gauge have come in hotter than expected. This has rattled financial markets and raised concerns that the US economy is now hurtling toward recession, said an expert.
The de-escalation in US-China trade tensions has led Fitch to make upward revisions to growth forecasts compared to April. But the world economy still faces a sharp slowdown induced by the most severe trade war since 1930s, says the top ratings agency.
Over the past decade, the private credit industry has seen robust growth globally. In the Middle East, the Saudi and UAE markets have seen transformative economic shifts that has created a fertile ground for private credit investment, said an expert.
Among world’s youngest regions, Middle East is at the forefront of a generational shift in workforce values, prioritising financial stability and mental well-being over traditional markers of success such as climbing the corporate ladder, said a report.
The Middle East continues to distinguish itself as a global economic outperformer, with UAE and Saudi leading the charge. While GDP growth is set at 3.2% this year, UAE will grow by 4% and KSA 3% with further acceleration seen through 2027, said a report.
The market impact of US strikes on Iranian sites is beginning to reshape investor views across asset classes and geographies. As markets reopen, they are bracing for sharp volatility, with high oil and inflation forecasts under scrutiny, said an expert.
In the past, purchase of a car was driven by utility, brand or resale value but today, it's steered by something more personal - lifestyle. In key cities, mobility is becoming a reflection of one’s identity, rather than mechanical choice, said an expert.
Artificial intelligence investment across Europe, UK is on the rise, signalling the region’s ambition to rival US and Chinese heavyweights. Despite a global slowdown in tech funding, European AI startups posted a 55% jump in Q1 investment, said an expert.
Global supply chain leaders recognise technology as a performance enabler, with 61% investing between $1 million and $10 million in the next five years to build more resilient, efficient supply chains, says a report.
