UAE’s bid to lead Mideast’s AI data-center hub
Once fueled by oil, the UAE is now betting on bits and bytes. The Gulf state is rapidly building hyperscale data centers, positioning itself as…
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MENA startups heat up with fresh capital across fintech, AI, gaming
Startups across the Middle East and North Africa are raising fresh funding to scale operations, enter new markets, and develop innovative products, signaling strong investor…
Ursula von der Leyen EU Chief to Defend Trump Trade Deal
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc’s lawmakers Wednesday —…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in…
Al-Rumayyan: Saudi PIF Targets $1 Trillion Assets by Year-End
Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF), has said the sovereign wealth fund is preparing to unveil a new long-term strategy within…
Saudi Arabia’s KAUST Sets Record, Raises Solar Cell Efficiency to Unprecedented Levels
Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has developed an innovative method that significantly improves the efficiency and stability of solar cells,…
Doha to host 7th GCC Businesswomen Forum in November
Doha, Qatar, The Federation of Gulf Cooperation Council Chambers (FGCCC), in cooperation with the Qatar Chamber and with the support of the General Secretariat of…
Saudi Arabia’s GDP expands 3.9% in Q2 non-oil activities GASTAT
Saudi Arabia’s economy expanded 3.9 percent in the second quarter of the year, fueled by robust non-oil activity that extended its growth streak to 18…
Cyprus Talks to UAE over European Subsea Cable Project
Cyprus has approached the United Arab Emirates for possible cooperation on an EU-financed subsea power cable linking Europe to the eastern Mediterranean region, it said…
Microsoft cloud services disrupted by Red Sea cable cuts
Microsoft’s Azure cloud services have been disrupted by undersea cable cuts in the Red Sea, the US tech giant says. Users of Azure – one…