Tue, 21-Oct-2025

Metaverse Will Be Worth $5 Trillion by 2030, Report

Metaverse

Adoption rate of the Metaverse is comparable to that of artificial intelligence five years ago. As the Metaverse continues to absorb everyday life Eric Hazan, Metaverse is comparable to Web 2.0 in 2004 McKinsey & Company, a global management consulting firm, has released a new report estimating that the Metaverse will be worth $5 trillion … Read more

Meta-works: Online universe becomes lab for real-life products

products

NEW YORK: Online platforms that are precursors of the metaverse vision for the internet’s future are already serving as workrooms to develop products destined for real-life sale. From sneakers sketched in the virtual world but produced in the real one, to designers who preview clothes on avatars before making them, the barrier between digital and tangible … Read more

Bahrain revives its pearl industry

Bahrain

Bahrain has revived its age-old pearl industry, as it looks to other sources of revenue to diversify its oil economy, Arab News reported. The Bahrain Institute for Pearls and Gemstones recently announced that it has examined over 10 million pearls from across the world since it was established in 2017. It said its commercial laboratory has become … Read more