By 2030, global trends are expected to create 170 million new jobs while displacing 92 million, resulting in a net gain of 78 million roles, according to the World Economic Forum’s Future of Jobs Report 2025. However, the study warns that a widening skills gap could hinder this transformation. The report, based on data from...
Author: UPPERNEWS TEAM (UPPERNEWS TEAM)
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UAE to Host Six Global Conferences for the First Time in 2025
The UAE is set to host six major global conferences for the first time in 2025, showcasing its expertise in organising large-scale international events, according to WAM. One of the highlights will be the IUCN World Conservation Congress, which is scheduled for October. The event will bring together global experts to address key topics such...
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Jobs Requiring Empathy and Human Skills Could Outlast AI
The rise of AI is reshaping the job market, sparking concerns about the future of work. While automation is replacing routine tasks in areas like customer support and data entry, jobs that require empathy, emotional intelligence, and human interaction are proving harder for AI to take over, according to Alejandro Sposato, assistant professor at Zayed...
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ADNOC L&S Finalizes $1.04 Billion Deal for 80% Stake in Navig8
ADNOC Logistics and Services (ADNOC L&S) has officially completed its $1.04 billion (AED3.8 billion) acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8), a global shipping and marine services company. The deal, which took effect from 1st January 2024, includes a plan to acquire the remaining 20% stake by mid-2027 for an additional...
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Dubai Developer Rewards Employees with Dh150 Million in Bonuses
A Dubai-based private developer, Sobha Group, has announced a massive Dh150 million bonus for its employees who were not part of the company’s existing incentive schemes. The bonus, distributed in December 2024, was awarded to staff across multiple departments as recognition for their hard work and contributions to the company’s success. Ravi Menon, chairman of...
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DP World Surpasses 100 Million TEU Milestone
DP World, the global logistics leader, announced it has exceeded 100 million TEUs (twenty-foot equivalent units) in container handling capacity across its global operations. This achievement highlights over a decade of strategic investments worth $11 billion in infrastructure upgrades and expansions. In the last 10 years, DP World’s capacity has grown by 33%, starting from...
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Damac Group to Invest $20 Billion in US Data Centers
Hussain Sajwani, founder of the Damac Group, plans to invest $20 billion in building data centers across the United States. The announcement was made by President-elect Donald Trump during a press conference at his Mar-a-Lago resort in Florida. Sajwani later confirmed the news to Gulf News. The investment will focus on establishing data centers in...
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Sharjah Updates Fees for Impounded Vehicle Release
Sharjah has introduced a decision revising the fees for releasing vehicles impounded due to serious traffic violations. This applies to all vehicle types and aims to address cases involving offences like reckless driving and negligence, which endanger public safety and property. Although the updated fees have not been disclosed, the decision aims to streamline the...
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‘Enron Egg’: Satirical Nuclear Reactor Campaign Goes Viral
The name Enron is back in the spotlight, not for a corporate scandal, but for a parody campaign involving a fictional product called the “Enron Egg.” Introduced on January 7, 2025, the so-called “world’s first micro-nuclear reactor for home use” quickly went viral, with the term “Enron Egg” trending on Google. The campaign, titled “Nuclear...
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Abu Dhabi Sustainability Week 2025 Set for January
Abu Dhabi Sustainability Week (ADSW) 2025 will take place from January 12 to 18 under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. This global event aims to unite leaders from different sectors to accelerate sustainable development and drive economic growth. With the theme “The Nexus of Next. Supercharging Sustainable Progress,”...