Back to the complete issue
Sunday, 22 May 2022

The expected themes in the ongoing Davos meetings + Red Sea dolphins may have nighttime skin care routines that rival your own

With the ongoing Davos meeting billed as “the most consequential” since it began, here are five things to look out for: The World Economic Forum’s (WEF) Davos summer meetings kicked off today, marking the WEF’s first in-person gathering since January 2020 when the covid-19 pandemic put a stop to face-to-face events. As discussions are largely expected to bring up Russia’s invasion of Ukraine and how to reconstruct the country post-war with an address from Ukrainian President Volodymyr Zelensky, the Financial Times has outlined the other key themes that could emerge in this season’s Davos. These include economic gloom, which would focus on rising interest rates and spiking energy costs, as well as climate change, preparedness for future pandemics, and how to improve global supply chains.

This edition of Davos is also shrouded in a cloud of distrust, as conversations have arisen that question the moral integrity of the gathering and whether they really have the world’s best interests at heart, the FT writes citing forums on sites such as 4chan. Earlier this year, journalist Peter S. Goodman released a book called Davos Man which looks at how the world’s most affluent segments have often increased their wealth by worsening situations and exploiting systems.

Red Sea dolphins may have nighttime skin care routines that rival your own: Dolphins observed off Egypt’s Red Sea coast were found to rub on specific corals and sponges, suggesting that this practice might be a form of self medicating, according to a study picked up by the New York Times. Sponges and corals contain an assortment of chemical compounds and researchers studied pieces of the ones that dolphins liked to rub against to discover if they had healing properties. They found that the sponges and corals had 17 bioactive compounds, including antimicrobials, antioxidants and hormones which can serve as immune boosters or sunscreens. While the findings back up the hypothesis of the research, more testing will still be done to study how dolphins’ skin fares after some coral or sponge skin care.

Apple’s long-rumored AR/VR headset could become a reality within months: Apple’s next big thing has been widely speculated to be a mixed reality headset to compete with the likes of Meta and Google, and it looks like the iPhone maker has made significant progress on the project, Bloomberg reports, citing sources it says have knowledge of the matter. The company’s executives showed a preview of the device to its board last week, which indicates that development of the headset is currently at an advanced stage, the sources say. The headset, which could be announced to the public “within the next several months,” is expected to be capable of both augmented and virtual reality, and will likely allow users to be immersed in a virtual world as well as overlay virtual elements onto their real worlds. It is reportedly expected to be released late this year or in 2023.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.