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…
Category: FINANCE
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil…
Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s…
Morocco Celebrates Expansion Milestones in Casablanca Port Complex
As Morocco pushes ahead with expansion of its maritime infrastructure, last week the country launched several development initiatives in Casablanca port complex. The launch event…
Moroccan, China foreign ministers agree to create strategic dialogue mechanism
Chinese Foreign Minister Wang Yi and his Moroccan counterpart Nasser Bourita on Friday signed a memorandum of understanding on establishing a strategic dialogue mechanism, according…
AI Set to Transform Global Trade, Says World Trade Organisation
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate…
GSK pledges $30bn US investment as UK’s pharma woes deepen
British pharmaceutical firm GSK has pledged to invest $30bn (£22bn) in research and manufacturing in the US over the next five years. Announced at the…
Peregrine Hydrogen and OCP Group Forge Major Partnership in Morocco
There’s something special about the wind-whipped plains near Khouribga—far from being just another mining hub, Morocco’s phosphate basin is morphing into a green energy epicenter. It all…
Al-Jadaan Saudi Arabia’s Financial Market Fastest-Growing Worldwide
Saudi Arabia’s financial market has surged past $2.4 trillion, making it the fastest-growing globally, as the Kingdom doubles down on fintech, digital payments and artificial…
Tencent Deepens Digital Footprint in Saudi Arabia to Support Smart Transformation
As China races to expand its global digital presence, technology giant Tencent is stepping up its investments in Saudi Arabia with major cloud projects that…