China Unveils $70 Billion Financing Tools to Bolster Investment
China will deploy policy-based financial tools to the value of 500 billion yuan ($70.25 billion) to accelerate investment projects, the state’s planner said on Monday,…
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Kingdom of Morocco and UNDP launches a new facility to help accelerate digital transformation in the Arab States region and Africa
In a high-level event on the sidelines of the 80th United Nations General Assembly (UNGA-80), the Kingdom of Morocco launched its new Digital for Sustainable…
The bacteria turning waste plastic into painkillers
Earlier this year an extraordinary new way of using waste plastic made headlines. A common bacterium was genetically engineered to eat a plastic-derived molecule and…
Hackers contact Harrods after 430,000 customer records IT breach
Luxury department store Harrods has been contacted by hackers after data relating to 430,000 customer records was stolen in an IT breach. Harrods said it…
Morocco’s strategic bet on rail infrastructure
Morocco’s preparations to co-host the upcoming 2030 FIFA World Cup, together with Spain and Portugal, are driving significant investment in transportation infrastructure within the country. The preparation…
Saudi Arabia Advances Vision 2030 with Manufacturing, Localisation, Economic Growth
As Saudi Arabia celebrated its 95th National Day on Tuesday, the Kingdom is showcasing rapid economic reforms designed to cement its role as a global…
Nvidia to invest $100bn in OpenAI
US tech giant Nvidia will invest up to $100bn (£73bn) in OpenAI, the firm behind ChatGPT, the companies have announced. Nvidia said it will supply…
World Bank Establishes Regional Hub for Middle East, North Africa, Afghanistan, and Pakistan in Riyadh
he World Bank announced on Monday the opening of a new regional hub in Riyadh, Saudi Arabia, to serve the Middle East, North Africa, Afghanistan,…
Gold Hits Record High as Traders Bet US Rate Cuts, Powell’s Signal
Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more US rate cuts and a weaker dollar, as investors awaited…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI between now…