WEF launches Center for Trustworthy Technology

The Center for Trustworthy Technology will become part of a global consortium of 17 centers that lead the conversation around emerging technology and its ethical implementation and commercial potential. (AFP/File)
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Updated 18 January 2023
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WEF launches Center for Trustworthy Technology

  • Center will promote responsible, ethical, safe technology production, use

DAVOS: The World Economic Forum announced on Wednesday the launch of the Center for Trustworthy Technology.

To be based in Austin, Texas, in the US, it will focus on promoting a “responsible production and use” of new and emerging technologies such as artificial intelligence and machine learning, blockchain, virtual reality, and quantum computing.

Jeremy Jurgens, the WEF’s managing director and head of its Center for the Fourth Industrial Revolution, said: “When it comes to the application of technology in society, people have legitimate concerns over how their data is used, whether what they are reading and seeing is real, and whether their jobs are safe.

“Societal trust in and acceptance of technology is dependent on the technologies in question being designed in an inclusive, ethical, and responsible manner. We are proud to launch the Centre for Trustworthy Technology to tackle exactly that,” he added.

The center’s role will be to develop tools and frameworks that promote ethical technology development and use and understand how new technology can be implemented to advance the UN sustainable development goals.

The Center for Trustworthy Technology will become part of a global consortium of 17 centers that lead the conversation around emerging technology and its ethical implementation and commercial potential.

The network aims to facilitate the shared knowledge between technology leaders across the public and private sectors, publishing insights to raise awareness about the importance of trustworthy technology.

Created in collaboration with Deloitte and the Patrick J. McGovern Foundation, the center will engage government, business, academia, and society to shape its agenda and scale responsible, ethical, and safe technology through projects and activities at national and international levels.

Vilas S. Dhar, president of the Patrick J. McGovern Foundation, said: “As technology becomes an increasingly fundamental part of the human experience, our future will be defined by our ability to today build trust and define ethical societal norms around tech design, development, and deployment.

“The center promises to bring representation from across sectors and geographies to deliver on a shared vision of a human-centric, tech-enabled future.”


Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

Updated 13 January 2026
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Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

  • Nasdaq to deliver exclusive real-time US equities market data
  • Real-time updates fully integrated into Asharq Business’ data infrastructure and available across all platforms

RIYADH: Asharq Business with Bloomberg, the region’s leading business and financial news multi-platform channel, announced Tuesday a strategic three-year collaboration with Nasdaq, to deliver exclusive real-time US equities market data and updates to investors and decision-makers across the Middle East. 

Through access to Nasdaq’s official data product, Nasdaq Last Sale (NLS), Asharq Business with Bloomberg will receive real-time last-sale trade updates and calculated insights across major US exchanges directly from the Nasdaq Market Center. The collaboration strengthens market transparency, enhances data-driven storytelling, and provides audiences and partners with deeper insight into global financial activity. 

With a rapidly growing investor base in the region — and with Nasdaq serving as a primary destination for many Arab and regional investors — Asharq Business with Bloomberg reinforces its mission to deliver timely, accurate, and exclusive financial updates by integrating NLS data into its digital platforms, live markets coverage, and broader data ecosystem. 

Leveraging its partnership with Bloomberg Media — which grants access to reporting from over 2,700 journalists and analysts worldwide — Asharq Business with Bloomberg continues to build on its reputation as the region’s most trusted and credible multi-platform business news source. The collaboration with Nasdaq underscores its commitment to providing reliable, data-backed content across social, digital, and streaming platforms, available for audiences anytime and anywhere. 

Dr Nabeel Al Khatib, General Manager of Asharq News Network, commented: “It has been five years since the inception of Asharq Business with Bloomberg, and our audience has always been at the center of everything we do. We invest time and effort to understand what matters to them, ensuring we deliver data and stories that genuinely support informed decision-making. With growing regional interest in global markets, our collaboration with Nasdaq marks a strategic step toward offering a clearer, more comprehensive view of international financial activity. Through Nasdaq Last Sale, we aim to further empower our audience with transparent, real-time insights, strengthening their ability to navigate an increasingly interconnected global investment landscape.” 

The Nasdaq leadership team added: “We are pleased to collaborate with Asharq Business with Bloomberg to broaden access to high-quality US market data in the Middle East. Through Nasdaq Last Sale, we aim to enhance transparency, support informed decision-making, and contribute to a more connected global investor community.”