The 1 Billion Followers Summit concluded its second edition in Dubai on Thursday, with its hashtag #1BillionSummit engaging over 489 million users to rank among the week's most followed hashtags worldwide.
The two-day summit organised by the New Media Academy reiterated the importance of digital content creation to its over 7,000 attendees, which included 3,000 content creators, 195 speakers from 95 countries, and over 300 local and international journalists.
It also saw 24 panel discussions covering the latest challenges, trends and opportunities in creative industries with the world's leading social media pioneers.
Saeed Al Eter, Chairman of the UAE Government Media Office, said the summit was "a new affirmation of our country's strong presence in every positive change aimed at advancing means of communication among people".
Alia Al Hammadi, CEO of the New Media Academy, added that the vibrant regional and global engagement with the summit asserts Dubai's leadership in providing a nurturing and supportive environment for creative industry professionals and emerging talents. It also solidifies the city’s position as a preferred destination for content creators and influencers of various nationalities and cultures.
OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group of oil-producing countries continues to bring back supply more rapidly than earlier planned.
US President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50 per cent from 25 per cent, ratcheting up pressure on global steel producers and deepening his trade war.
A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that he had exceeded his authority in imposing the duties and ordered an immediate block on them.
Dubai’s real estate market is embracing tokenisation, with over 6,000 people joining the waitlist for Prypco Mint, a new platform that lets users buy fractional shares of property through secure digital tokens.
The Abu Dhabi Department of Energy (DoE) has announced its comprehensive strategic framework for the energy and water sector up to 2050, at the World Utilities Congress, hosted at ADNEC in the capital.