Asharq News channel set to go live across the Middle East in collaboration with Bloomberg for business news

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Updated 26 November 2020
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Asharq News channel set to go live across the Middle East in collaboration with Bloomberg for business news

  • The 24/7 service is a collaboration between Saudi Research and Marketing Group and Bloomberg News
  • With Bloomberg on board there will be an inevitable emphasis on business and finance, but channel chiefs are also promising general news, analysis and lifestyle content

LONDON: The latest addition to the Arabic-language broadcast media landscape is ready to go live across the Middle East.

Asharq News, a 24/7 multiplatform channel, is a collaboration between the US heavyweight Bloomberg News for business news and the Saudi Research and Marketing Group, publishers of Arab News and the world’s biggest Arabic news outlet, Asharq Al-Awsat.

Officially launching on November 11, audiences in the region will be able to experience global economic coverage on the Asharq News TV channel and its digital platforms with an analysis of developments as they unfold.  

Speaking on the launch, Jumana Al-Rashed, CEO of Saudi Research and Marketing Group (SRMG), said: “Today’s launch of Asharq News marks a new and exciting phase for the Arab media landscape. We are witnessing an unprecedented pace of change worldwide and keeping up to date with this change means recognising the power of information and forging partnerships to harness that power.” 

Al-Rashed added: “SRMG and Bloomberg bring together the best of both worlds: the in-depth market knowledge of SRMG and Bloomberg’s rigorous, data-driven reporting. We are confident that through this collaboration, Asharq News will set new standards for business news delivery to Arabic-speaking viewers.”




CEO of Saudi Marketing and Research Group Jumana Al-Rashed. (Supplied)

Highlighting the youth focus of Asharq News, Al-Rashed said: “We believe it is essential for young people to find trustworthy and insightful content to enable them to pursue their aspirations and contribute to shaping the future of the Arab world. To cater to the young generation, we aim to rely heavily on our digital platforms and social media, and we are confident that our content will respond to this challenge.”

With Bloomberg on board there will be an inevitable emphasis on business and finance, but channel chiefs are also promising general news, analysis and lifestyle content.
Asharq general manager Nabeel Alkhatib has also pledged that Bloomberg content will not be altered or edited for regional sensitivities.
“Whatever we think is suitable for the region, we take it as is,” he said. “If we see an article of potential interest to our viewers or readers, we translate it as it stands. If it’s not suitable or appropriate for whatever reason, we don’t take it. But we either take in full, or we don’t take it at all.”

Among the new channel’s regional firsts will be a weekly health segment hosted by Egyptian doctor and satirist Bassem Youssef
“To have this opportunity, to be on this kind of a platform in order to show people a different path to wellness, is amazing,” he told Arab News.
Youssef also revealed that a new job is not the only change in his life — he now eats only plant-based foods after a close friend recovered from life-threatening multiple sclerosis by adopting a similar diet. “I immediately felt a difference in my life, in my health, my stamina, my energy,” he said.


WEF report spotlights real-world AI adoption across industries

Updated 19 January 2026
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WEF report spotlights real-world AI adoption across industries

DUBAI: A new report by the World Economic Forum, released Monday, highlights companies across more than 30 countries and 20 industries that are using artificial intelligence to deliver real-world impact.

Developed in partnership with Accenture, “Proof over Promise: Insights on Real-World AI Adoption from 2025 MINDS Organizations” draws on insights from two cohorts of MINDS (Meaningful, Intelligent, Novel, Deployable Solutions), a WEF initiative focused on AI solutions that have moved beyond pilot phases to deliver measurable performance gains.

As part of its AI Global Alliance, the WEF launched the MINDS program in 2025, announcing its first cohort that year and a second cohort this week. Cohorts are selected through an evaluation process led by the WEF’s Impact Council — an independent group of experts — with applications open to public- and private-sector organizations across industries.

The report found a widening gap between organizations that have successfully scaled AI and those still struggling, while underscoring how this divide can be bridged through real-world case studies.

Based on these case studies and interviews with selected MINDS organizations, the report identified five key insights distinguishing successful AI adopters from others.

It found that leading organizations are moving away from isolated, tactical uses of AI and instead embedding it as a strategic, enterprise-wide capability.

The second insight centers on people, with AI increasingly designed to complement human expertise through closer collaboration, rather than replace it.

The other insights focus on the systems needed to scale AI effectively, including strengthening data foundations and strategic data sources, as well as moving away from fragmented technologies toward unified AI platforms.

Lastly, the report underscores the need for responsible AI, with organizations strengthening governance, safeguards and human oversight as automated decision-making becomes more widespread.

Stephan Mergenthaler, managing director and chief technology officer at the WEF, said: “AI offers extraordinary potential, yet many organizations remain unsure about how to realize it.

“The selected use cases show what is possible when ambition is translated into operational transformation and our new report provides a practical guide to help others follow the path these leaders have set.”

Among the examples cited in the report is a pilot led by the Saudi Ministry of Health in partnership with AmplifAI, which used AI-enabled thermal imaging to support early detection of diabetic foot conditions.

The initiative reduced clinician time by up to 90 percent, cut treatment costs by as much as 80 percent, and delivered a 10 time increase in screening capacity. Following clinical trials, the solution has been approved by regulatory authorities in Saudi Arabia, the UAE and Bahrain.

The report also points to work by Fujitsu, which deployed AI across its supply chain to improve inventory management. The rollout helped cut inventory-related costs by $15 million, reduce excess stock by $20 million and halve operational headcount.

In India, Tech Mahindra scaled multilingual large language models capable of handling 3.8 million monthly queries with 92 percent accuracy, enabling more inclusive access to digital services across markets in the Global South.

“Trusted, advanced AI can transform businesses, but it requires organizing data and processes to achieve the best of technology and — this is key — it also requires human ingenuity to maximize returns on AI investments,” said Manish Sharma, chief strategy and services officer at Accenture.