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MUST-READS

  • Green Peace: How the Fight Against Climate Change Can Overcome Geopolitical Discord

    The challenges facing the clean energy transition are real, but the impulse to pull back is misguided. Now is the time for more ambition, not less. As carbon emissions continue to rise, mitigating the dire threat of climate change requires much faster decarbonization than is currently underway. But this is not the only reason to hasten the transition.

  • Israel may have violated laws of war in Gaza, UN rights office says

    Israeli forces may have repeatedly violated the laws of war and failed to distinguish between civilians and fighters in the Gaza conflict, the U.N. human rights office said on Wednesday.
    Separately, the head of a U.N. inquiry accused the Israeli military of carrying out the "extermination" of Palestinians.
    In a report on six Israeli attacks that caused many casualties and destroyed civilian infrastructure, the U.N. human rights office (OHCHR) said Israeli forces "may have systematically violated the principles of distinction, proportionality, and precautions in attack".

  • The 5 countries millionaires are leaving the most — and the 5 they’re going to

    A new analysis by Henley & Partners, an investment migration consultancy firm, projects that a record number of millionaires and billionaires will migrate to new countries in the coming year.

    “An unprecedented 128,000 millionaires are expected to relocate worldwide this year, eclipsing the previous record of 120,000 set in 2023,” Dominic Volek, the group head of private clients at Henley & Partners, said in a statement.

  • The significance of crafting content that resonates with Saudi audiences

    With an estimated advertising market of around US$2 billion in 2023, Saudi Arabia leads the region in advertising spending.

    The forecasted growth to exceed US$12 billion in the MENA region by 2024 underscores the country’s significant contribution to the region’s advertising landscape.

    Saudi Arabia’s early adoption of digital transformation and its position as a global leader in social media penetration align with the growth trends seen globally in digital and social media advertising.

  • Working Women Are Changing Saudi Arabia

    The government’s subsequent campaign to push the private sector to start creating more jobs for Saudis had the unexpected effect of increasing opportunities not only for men but also for women, who joined the workforce in numbers that shocked policymakers: as of 2023, 31 percent of Saudi women were employed. This shift is remolding both the economy and society: Saudi women are becoming a source of tremendous economic potential and a visible and powerful presence across public life in the kingdom.

  • These are our Most Creative People in Business 2024

    In its third edition, Fast Company Middle East’s Most Creative People in Business is honoring 43 creatives and innovators across various sectors, from entrepreneurs, artists, designers, government officials, sustainability champions, and more.

  • Hevolution announces $400 million surge in healthspan funding

    Hevolution Foundation, a global nonprofit organization that provides grants and early-stage investments to incentivize research and entrepreneurship in healthspan science, has announced it has committed $400 million to healthspan sciences over the last 21 months, a move that positions the Foundation as the world’s largest philanthropic funder of geroscience.

  • Saudi Arabia’s US$10 billion investment to tackle food security

    The Saudi Agricultural Development Fund plays a crucial role by supporting local farmers with substantial loans, focusing on staple crops such as barley, maize, and soybeans. These efforts are integral to reducing reliance on imports and ensuring a steady supply of essential commodities.

  • Everything you need to know about the six candidates in Iran’s presidential election

    Due to the unexpected death of former President Ebrahim Raisi (1960-2024) in a helicopter crash on May 19, the Islamic Republic of Iran will hold presidential elections on June 28. Out of the eighty candidates who registered to run, the Guardian Council, a vetting body, approved only six presidential candidates. Five of these candidates are hardliners, with three already on various Western sanction lists, and one is a reformist. The election may proceed to a second round if the reformist candidate can successfully mobilize a significant portion of the discontented populace.

  • Globalization Is Not Dying. It’s Everywhere.

    Trade, however remains, a dominant indicator in the public debate. The World Trade Organization forecasts an uptick in merchandise trade by 2.6% in 2024, accelerating to 3.3% in 2025. The year 2022 saw a record-breaking year for world trade, hitting $32 trillion. Ironically this was the same year that the de-globalization debate gathered pace and became a regular set piece at conferences like the World Economic Forum in Davos or the Milken Institute.