分类: business

  • The buzzwords shaping Davos 2026: Key terms defining the global conversation

    The buzzwords shaping Davos 2026: Key terms defining the global conversation

    The World Economic Forum’s 2026 Annual Meeting in Davos has established a new vocabulary for global economic discourse, reflecting the rapidly evolving priorities of world leaders. Under the theme “A Spirit of Dialogue,” the gathering of government officials, business executives, and academic experts from January 19-23 has identified several transformative concepts reshaping international policy and commerce.

    The economic landscape is being redefined by three pivotal developments. Green Growth has transitioned from environmental advocacy to mainstream economic strategy, with the green economy now valued at over $5 trillion annually. Companies with substantial green revenue streams are consistently outperforming competitors across multiple financial metrics, making climate investment an economic imperative rather than merely an ecological concern.

    Geopolitical coordination is undergoing a fundamental restructuring through Minilateralism—targeted alliances between limited groups of nations with aligned interests. This approach offers agility in addressing complex challenges like supply chain security and climate action, complementing rather than replacing traditional multilateral frameworks.

    The concept of Resilience Economics has evolved from defensive crisis management to proactive growth strategy. Nations and corporations now recognize that investments in infrastructure, digital capabilities, and skills development are essential for long-term competitiveness in an era of persistent disruption.

    Technological innovation has introduced both opportunities and challenges. Inclusive AI emphasizes equitable access and participation in artificial intelligence development, recognizing that fairness and transparency are critical for societal benefit. However, the accelerating adoption of AI has revealed The Electron Gap—disparities in electricity generation capacity between nations that could determine technological leadership.

    The proliferation of generative AI has also spawned “AI Slop,” low-quality mass-produced content that threatens information ecosystems. This phenomenon has elevated discussions about media literacy and platform accountability.

    Looking toward the next technological frontier, the Quantum Economy encompassing computing, sensing, and secure communications promises to revolutionize multiple industries. With potential economic value reaching trillions of dollars within the decade, quantum technologies represent both extraordinary opportunity and significant challenges regarding intellectual property and digital inequality.

  • Dubai-Manila flights: Emirates to add four more weekly services from April 2

    Dubai-Manila flights: Emirates to add four more weekly services from April 2

    Emirates Airlines has announced a significant expansion of its Southeast Asian operations with the introduction of four additional weekly flights between Dubai and Manila, effective April 2nd. The enhanced schedule will operate on Mondays, Wednesdays, Thursdays, and Saturdays, increasing the airline’s total weekly service to the Philippines from 28 to 34 flights.

    The new flight EK330 will depart Dubai International Airport at 12:45 PM local time, arriving at Ninoy Aquino International Airport at 1:25 AM the following day. The return service, EK331, will depart Manila at 3:25 AM and touch down in Dubai at 8:25 AM local time. This strategic scheduling provides optimized connectivity for travelers transiting through Emirates’ Dubai hub.

    The expansion delivers substantial benefits for multi-segment travelers, particularly those connecting to and from North American destinations including Canada and the United States. The schedule also aligns seamlessly with European morning departures to key cities such as London, Milan, Budapest, and Athens.

    Operated using Boeing 777-300ER aircraft, these flights feature Emirates’ signature three-class configuration with eight First Class suites, 42 Business Class lie-flat seats, and 304 Economy Class seats. Passengers will experience the carrier’s renowned service offerings including regionally-inspired culinary options, complimentary beverages, and the industry-leading ice in-flight entertainment system featuring over 6,500 channels of content in more than 40 languages, including Tagalog programming.

    This network enhancement coincides with the recently ratified Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Philippines, positioning Emirates to facilitate growing trade and economic cooperation. The additional wide-body aircraft will substantially increase cargo capacity, with each flight capable of transporting up to 20 tonnes of freight alongside passenger luggage, strengthening supply chains between Manila, Dubai, and key markets in Europe, the United States, and the Indian subcontinent.

    Tickets for the expanded service are now available through Emirates’ digital platforms, authorized travel agents, and retail stores worldwide.

  • Building on record momentum: BMW Group Middle East delivers strong growth in 2025

    Building on record momentum: BMW Group Middle East delivers strong growth in 2025

    BMW Group Middle East has concluded 2025 with exceptional financial results, demonstrating sustained growth across its BMW, MINI, and BMW Motorrad divisions. Building upon the remarkable achievements of 2024, the regional market has solidified its position as a crucial growth hub for the German automaker, driven by robust consumer demand for innovative and high-performance vehicles.

    The BMW brand recorded a substantial 10% year-on-year sales increase, while the luxury 7 Series maintained its upward trajectory with a 1.3% growth. The performance segment achieved unprecedented success, with BMW M High Performance vehicles experiencing an extraordinary 38% sales surge—an all-time regional record attributed to expanding product offerings and growing customer enthusiasm.

    MINI brand sales reached historic heights in the Middle East with a 16% increase, propelled by strong demand for John Cooper Works models and rising popularity of battery electric vehicles. Corporate Sales for BMW and MINI achieved their highest-ever performance with a remarkable 28% year-year growth, reflecting strengthened collaboration between BMW Group Middle East and its regional importer partners.

    The fourth quarter of 2025 witnessed significant momentum for electrified vehicles, establishing a solid foundation for 2026. The anticipated introduction of the ‘Neue Klasse’ BMW iX3 later in 2026 is expected to mark a transformative phase in BMW’s electric vehicle strategy for the region.

    Beyond vehicle sales, Customer Support Services grew by 8.2% compared to 2024, demonstrating sustained customer confidence in BMW’s authorized service network. The Group has enhanced ownership experiences through innovative initiatives including the ConnectedDrive platform, BMW and MINI Proactive Care, and the ‘Relax. We Care’ program.

    BMW Motorrad delivered its highest-ever recorded sales in the Middle East, achieving a 9% increase in private customer sales and strengthening its position in the premium motorcycle segment.

    This outstanding performance is supported by the ongoing transformation of BMW Group Middle East’s Retail Network through the ‘Retail.Next’ initiative—a customer-centric concept creating open, flexible environments that deliver engaging customer experiences. Throughout 2025, several Retail.Next facilities were inaugurated across the region, combining state-of-the-art infrastructure with regional character while serving as hubs for developing local talent.

    Karim-Christian Haririan, Managing Director of BMW Group Middle East, attributed the success to strategic vision, portfolio breadth, and invaluable partnerships with importer networks. Looking toward 2026, the Group remains focused on luxury, high-performance, and electrified vehicles while planning further regional expansion, including entry into the Syrian market with official importer details to be announced subsequently.

  • TEPCO to postpone restart of Kashiwazaki-Kariwa nuclear plant over safety concerns

    TEPCO to postpone restart of Kashiwazaki-Kariwa nuclear plant over safety concerns

    Tokyo Electric Power Company Holdings (TEPCO) has indefinitely delayed the planned restart of its Kashiwazaki-Kariwa nuclear facility’s No. 6 reactor after a critical safety system malfunction during preliminary testing. The decision came after alarm systems for control rods—essential components for regulating nuclear fission reactions—failed to activate during operational checks conducted on Saturday.

    The reactor, part of a seven-unit complex located approximately 220 kilometers northwest of Tokyo, was originally scheduled to resume operations on Tuesday. This marks another setback for Japan’s nuclear energy sector, which has faced intense scrutiny since the 2011 Fukushima Daiichi disaster. The Kashiwazaki-Kariwa plant was among 54 reactors idled following the catastrophic meltdowns at TEPCO’s tsunami-damaged facility.

    The postponement occurs despite December’s controversial approval by the Niigata Prefectural Assembly for partial reactivation of the plant. The facility’s restart has drawn significant public concern and criticism from nuclear safety advocates who question the adequacy of post-Fukushima safety enhancements. TEPCO officials stated they are conducting comprehensive investigations to determine the root cause of the control rod alarm failure and cannot provide a revised timeline for operations until complete system verification is achieved.

  • Dubai: Gold price jumps over Dh8 per gram to record high

    Dubai: Gold price jumps over Dh8 per gram to record high

    Dubai’s gold market surged to unprecedented levels on Monday morning as escalating geopolitical tensions triggered a massive flight to safe-haven assets. The precious metal recorded a dramatic increase of Dh8.25 per gram, pushing 24K gold to Dh562 while 22K gold reached Dh520.25 per gram according to Dubai Jewellery Group data.

    The remarkable rally stems from multiple international crises simultaneously unfolding. Intensifying protests across Iran and mounting transatlantic tensions between the United States and European Union over Greenland have created perfect conditions for gold’s ascent. The situation intensified when US President Donald Trump threatened additional tariffs against the EU regarding control of the Arctic territory.

    Global markets mirrored Dubai’s surge with gold reaching $4,671.72 per ounce, representing a 1.64 percent increase at 9:25 AM UAE time. Silver similarly climbed to $94 per ounce before settling at $93.19. All gold variants in Dubai traded at record levels with 21K at Dh499.0, 18K at Dh427.75, and 14K at Dh333.5 per gram.

    Vijay Valecha, Chief Investment Officer at Century Financial, confirmed the bullish fundamentals: ‘As geopolitical risks multiply, investors traditionally seek refuge in safe-haven assets like gold. The White House’s recent executive order protecting US rare earth supplies has further contributed to this momentum.’ Valecha also noted lingering concerns about the Federal Reserve’s independence after Trump’s threats against the Fed Chair, which drew support from central bankers worldwide.

    Technically, Valecha identified potential resistance around $4,685 on the ascending trendline, suggesting the rally might face temporary hurdles at that level. The combination of political uncertainty, trade tensions, and monetary policy concerns has created ideal conditions for sustained gold appreciation.

  • Why investors are backing Karma Developers’ sustainable, future-ready growth model

    Why investors are backing Karma Developers’ sustainable, future-ready growth model

    Karma Developers, a design-focused real estate enterprise with over a decade of industry presence, is gaining significant investor traction through its sustainable, future-ready development approach. The company has successfully delivered more than 2,000 residential units while expanding its footprint beyond Dubai to Cyprus, the UK, Romania, and Australia.

    Under the leadership of founders Capt. Pradeep Singh, Navneet Mandhani, and architect S.N. Saxena—whose combined expertise spans 75 years—the company integrates sustainability as a core principle rather than an afterthought. All projects adhere to LEED-aligned planning standards and incorporate smart-living technologies designed to minimize long-term environmental impact.

    Karma’s Dubai portfolio includes notable developments such as Olivia in Dubai Investment Park, Milos in Dubailand, Trinity in Arjan, and Antalya in Dubai Sports City. The company has also established presence in master communities including Falconcity and Dubai Silicon Oasis through strategic partnerships. Their upcoming pipeline features a green-themed gated community in DIP and commercial development in Liwan, aligning with Dubai’s 2040 urban master plan.

    Captain Singh’s unique multidisciplinary background in maritime sustainability, technology, and real estate has shaped the company’s systematic approach to community development. “Sustainability is embedded from the planning stage,” Singh explains. “We build adaptive communities designed to evolve economically, socially, and environmentally over the long term.”

    The company’s leadership philosophy emphasizes the balance between moral responsibility and economic realism. Singh’s international recognitions, including two Knighthoods and advanced academic training from Harvard and UK institutions, have reinforced the importance of disciplined governance and long-term value creation.

    CEO Navneet Mandhani brings a technology-driven perspective from his previous startup experience, including YourKeys which was acquired by Zoopla. This background informs Karma’s data-informed approach to market selection and product development. “We follow infrastructure, not speculation,” Mandhani states, highlighting their strategy of identifying emerging micro-markets based on connectivity, employment hubs, and master planning fundamentals.

    The company’s conservative financial strategy, characterized by low leverage and disciplined underwriting, has proven resilient through market cycles. This approach has strengthened investor confidence by prioritizing certainty and governance alongside returns, positioning Karma as a trusted partner in sustainable real estate development.

  • Conversation with Yash Trivedi, Founder & CEO, YOUAE Mortgages

    Conversation with Yash Trivedi, Founder & CEO, YOUAE Mortgages

    The United Arab Emirates has achieved recognition as one of the world’s most sophisticated mortgage markets, according to Yash Trivedi, Founder and CEO of YOUAE Mortgages. In an exclusive interview, Trivedi detailed the remarkable evolution of the country’s lending landscape, highlighting regulatory stability, digital transformation, and shifting consumer behavior as key drivers behind this maturation.

    Trivedi emphasized that technological innovation sits at the forefront of this transformation. “Fintech integration is revolutionizing how we serve clients,” he stated. “From instant eligibility checks to digital document processing, speed and accuracy have improved dramatically.” YOUAE Mortgages is developing advanced AI-powered affordability tools that enable clients to visualize various repayment scenarios in real-time, making mortgage planning significantly more interactive and accessible.

    The CEO distinguished his firm’s approach from traditional brokers by emphasizing their advisory role over sales. “We operate as advisors, not sellers,” Trivedi explained. The company’s methodology begins with comprehensively understanding each client’s financial narrative—including income, lifestyle, and long-term goals—before curating personalized solutions. This client-centric philosophy is built on unwavering transparency regarding fees, options, and potential trade-offs.

    Looking toward 2026 and beyond, Trivedi identified several key trends shaping the market: a surge in long-term residents transitioning from renting to homeownership, sustained international investment in prime communities, and growing demand for sustainability-linked developments. Visa reforms and robust economic confidence are further fueling this activity.

    For first-time buyers who find mortgages complex, Trivedi offered clear guidance: “Start early, plan smart, and don’t rely solely on hearsay.” He stressed the importance of understanding the total cost of ownership beyond just interest rates, including fees and early settlement options. His ultimate advice? “Working with a licensed mortgage advisor ensures you don’t overborrow or miss better products available in the market.”

    As the UAE’s real estate landscape expands in alignment with the 2040 Vision, YOUAE Mortgages continues to champion financial literacy and ethical advisory as cornerstones of sustainable growth, ensuring every mortgage transaction becomes the foundation of a lifelong relationship built on trust.

  • The YOUAE Mortgages Story: Empowering homeownership, enabling investment

    The YOUAE Mortgages Story: Empowering homeownership, enabling investment

    In the dynamic landscape of UAE real estate, YOUAE Mortgages has emerged as a transformative force in mortgage advisory services, reshaping how residents and investors approach property financing. Founded by banking veteran Yash Trivedi, who brings over 15 years of wealth management expertise, the Dubai-based firm has established itself as a pillar of trust in one of the region’s most complex financial sectors.

    The company’s distinctive approach centers on empowering clients through comprehensive education and transparent consultation. Unlike traditional mortgage providers, YOUAE operates as an impartial intermediary, maintaining partnerships with all major UAE banking institutions while offering genuinely objective guidance. This unique positioning allows the firm to deliver tailored solutions that align precisely with individual financial circumstances and long-term objectives.

    At the core of YOUAE’s methodology is a hybrid advisory model that combines data-driven analysis with personalized human interaction. The firm conducts client workshops, develops digital tools, and provides customized consultations that demystify the complete financial picture of property ownership. Clients gain crucial insights into total ownership costs, long-term affordability calculations, and the subtle complexities of the UAE’s rapidly evolving real estate market.

    Operating within a market characterized by fluctuating interest rates and golden visa investment opportunities, YOUAE distinguishes itself through adaptive, forward-thinking services. The company’s comprehensive suite includes complete end-to-end mortgage processing, strategic refinancing options, and sophisticated portfolio optimization for investment clients. This holistic approach has positioned YOUAE Mortgages as an essential partner for both first-time homebuyers and experienced property investors navigating the Emirates’ competitive real estate environment.

  • The Park Dubai: A new chapter for Dubai

    The Park Dubai: A new chapter for Dubai

    Dubai is poised to enter a new era of urban development with the groundbreaking announcement of ‘The Park Dubai,’ an ambitious five-square-kilometer masterplan set to transform the historic Jebel Ali Racecourse into a model of sustainable urban living. Developed by A.R.M. Holding in collaboration with renowned architecture firm Bjarke Ingels Group (BIG), this revolutionary project represents a paradigm shift in urban design for the Gulf region.

    The development, scheduled to break ground in 2026, reimagines urban spaces as interconnected, walkable communities rather than traditional gated compounds. The design philosophy centers on creating a ‘five-to-ten-minute city’ where residents can access green spaces within five minutes and essential services within ten minutes on foot or bicycle. This human-centric approach aligns perfectly with Dubai’s 2040 Urban Master Plan, emphasizing greener, more inclusive urban environments.

    A.R.M. Holding has established fifteen measurable Key Performance Indicators across four core pillars: Sustainability, Vibrancy, Community, and Wellbeing. These ambitious targets include achieving 100% accessibility for people of determination, reducing temperatures in walkable areas by 5°C through innovative microclimates, and creating environments that support the highest life expectancy in the GCC through a ‘city-as-gym’ philosophy.

    The architectural vision, described by Bjarke Ingels as ‘an archipelago of urban islands in a sea of green,’ thoughtfully integrates Emirati heritage with contemporary design. The original racetrack will be preserved as both cultural spine and symbolic centerpiece, surrounded by a 1.5-square-kilometer park comparable in scale to London’s Hyde Park. Traditional architectural elements—courtyards, shaded colonnades, and mashrabiyya screens—will be reinterpreted through modern design principles.

    Environmental sustainability forms the project’s foundation, with passive cooling systems, native landscaping, and local materials reducing both emissions and water consumption. The development prioritizes biodiversity, energy efficiency, and air quality as fundamental design drivers rather than secondary considerations.

    Beyond its architectural and environmental innovations, The Park Dubai serves as an economic catalyst designed to foster SME growth and attract global talent. Commercial areas, co-working hubs, and hospitality offerings will be seamlessly integrated within walkable districts, supporting a diversified local economy aligned with the UAE’s long-term development agenda.

    Mohammad Saeed Al Shehhi, CEO of A.R.M. Holding, emphasizes that the project represents more than real estate development: ‘We’re building not only a destination but a legacy that embodies connection, vitality, and belonging. Our goal isn’t only sustainability in structure—it’s vitality in spirit.’

    The project exemplifies A.R.M. Holding’s broader commitment to strategic investments across multiple sectors, including banking, telecommunications, FMCG, real estate, and sustainability innovation. This development marks a significant milestone in redefining urban prosperity for future generations, transforming expansion into enrichment and growth into grace.

  • IMF warns of trade tension risk to global growth

    IMF warns of trade tension risk to global growth

    The International Monetary Fund (IMF) has issued a stark warning that escalating trade conflicts and a potential reversal in the artificial intelligence investment boom represent significant threats to global economic stability. In its latest World Economic Outlook assessment, the IMF characterized the current global economic condition as “steady” with “resilient” growth projections for the coming year, while simultaneously highlighting several critical vulnerabilities.

    The IMF’s economic forecast, completed prior to former President Donald Trump’s recent threat to impose tariffs on eight European nations opposing his Greenland acquisition proposal, projects global growth at 3.3% for 2026—an upward revision from the previous 3.1% estimate. This expansion is expected to moderate slightly to 3.2% in 2027. The United Kingdom demonstrated modest improvement with 1.4% growth in 2025, though projections remain at 1.3% for 2026 before accelerating to 1.5% in 2027.

    Inflation trends show promising signs of moderation globally, with estimates declining from 4.1% in 2025 to 3.8% in 2026, and further dropping to 3.4% in 2027. The UK specifically anticipates returning to the 2% inflation target by year’s end as labor market softening continues to suppress wage pressures.

    The fund emphasized that risks to the global outlook “remain tilted to the downside,” particularly noting that excessive optimism about AI capabilities could trigger abrupt market corrections if expectations prove unfounded. Simultaneously, the institution cautioned that renewed trade tensions could prolong uncertainty and substantially dampen economic activity.

    Conversely, the IMF identified potential positive scenarios where AI investments translate into sustainable productivity growth and easing trade disputes provide additional economic momentum. The report noted that despite previous tariff implementations, the global economy had demonstrated a “muted response” thus far, with trade tensions gradually abating since October.

    In a particularly significant declaration, the IMF stressed that central bank independence remains “paramount for macroeconomic stability and economic growth.” This warning follows an unprecedented criminal investigation against US Federal Reserve Chair Jerome Powell, allegedly initiated due to presidential dissatisfaction with interest rate policies. The situation prompted global central bank leaders to express solidarity with Powell while drawing strong criticism from three former Fed chairs.

    The IMF concluded that preserving both legal and operational autonomy of central banks is essential for avoiding fiscal dominance, anchoring inflation expectations, and enabling effective mandate fulfillment.