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Turning trash into tokens: blockchain’s answer to waste
Global annual waste up 73% by 2050 More than 75% of UAE waste goes to landfill Yalla Return app uses blockchain incentive Trash, garbage, detritus. Whatever you call it, the waste management industry...
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Semantic suggestions to break the Cop28 impasse
The latest suggested wording from Cop28 to achieve a breakthrough agreement in a final communique due later this week does not seem to go far enough to assuage the reservations of hydrocarbon...
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Wary optimism for Cop deal to ‘set world in right direction’
Text’s first mention of fossil fuels ‘Strong signal’ to investors Saudi Arabia praises outcome Cop28 left behind an air of mixed emotions as it wrapped up on Wednesday, reflecting the complexity of...
View ArticleMena startup funding bounces back in November
Investment hit $764m 74% increase year on year ‘Mega-rounds’ on the rise Startup funding rose sharply in November, reflecting regional and global investors’ renewed confidence in the Middle East and...
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How Saudi tech is addressing the lack of construction sand
Extraction a global problem 95% of sand unusable for concrete Process makes local sand suitable A patented technology developed in Saudi Arabia is aiming to increase the use of desert sand in concrete...
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Sisi’s third term heralds a new economic blueprint
The likely start of President Abdel Fattah Al Sisi’s third term coincides with an economic crisis that has seen inflation surge to 35 percent and the Egyptian pound lose 50 percent of its value...
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Cop28 funds pave the way for Mena agricultural innovation
Agricultural innovation a priority Mena region is 84% desert Desert farming trial in Egypt In 2022 Morocco suffered its worst drought in 40 years. It had a devastating impact on agricultural...
View ArticleLiving like the Jetsons: Middle East homes go smart
‘Smart home’ market to grow 80% Demand soars for smart security systems Boom helped by high internet penetration It has been six decades since the American animated sitcom The Jetsons offered a...
View ArticleMiddle East hit by wave of brand impersonation scams
Fake websites and spoof emails Logos and employee names used Job seekers also targeted Cybersecurity experts in the Middle East are warning of a rise in brand impersonation attacks which persuade...
View ArticleIn the streaming age, the TV stays on after Ramadan
Producers point to ‘breakout from Ramadan’ 70% of Arab TV viewers under 35 Industry can target longer seasons YouTube creators and streaming services are changing the face of television all over the...
View ArticleBP and Equinor divert tankers from Red Sea
Houthi militants firing missiles Brent crude $78.07 on Tuesday Crude and LNG unlikely to be affected Two European oil and gas companies, BP of the UK and Equinor of Norway, have joined a group of...
View ArticleMena remittances fall as Egyptians swerve official channels
Money transfers down 5.3% Egypt is Mena’s biggest recipient Moroccans abroad buck trend Remittances to Middle East and North African countries are forecast to fall by 5.3 percent to about $61 billion...
View ArticleMiddle East craves a copper-bottomed future
Copper price traditionally volatile Prices could rise on supply issues Middle East investing in production While recent weeks have seen some major ups and downs in the price of copper, for many old...
View ArticleRed Sea shipping crisis drives prices up
Houthis launch missiles Shipping lines avoid route Costs are up Attacks in the lower Red Sea by Houthi militants based in Yemen have resulted in a sharp rise in shipping costs. While regional...
View ArticleShipping insurance rates rise on Red Sea crisis
Operators taking longer route Red Sea considered high risk Maersk imposing higher charges Insurance rates for shipping companies operating in the Red Sea are likely to rise further, according to...
View ArticleCakes, crypto and the sun – best video moments of 2023
From top business leaders to expert analysts, AGBI has spoken to them all over the past 12 months. Watch our video round-up above to find out who gave us these memorable quotes … “The bigger the cake,...
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Gulf’s pivot to Asia set to keep on rolling in 2024
Trade with emerging Asia soars GCC looks east for growth Links with China deepen 2023 has been the year of the comprehensive economic partnership agreement, better known as the Cepa, as the UAE seeks...
View ArticleFor Gulf businesses, chatbots are a difficult conversation
Chatbots annoy 80% of customers Bots can lack specificity Useful for simple tasks In an era in which chatbots are on the rise, attempting to reach customer support often proves to be a frustrating...
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Opec set for tricky new year: US booms and demand slows
2024 likely to be challenging Demand up 2m barrels a day Opec+ under pressure Opec+ has struggled to maintain high oil prices this year and 2023 is ending with Brent trading 10 percent lower year on...
View ArticleThe year ahead for Mena energy
So, 2020 brought a global pandemic and 2022 a war in Europe. The first was cataclysmic for the energy industry; the second was disruptive but lucrative. 2024 is predicted to be the hottest year on...
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