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…
Category: BUSINESS
BUSINESS, BUSINESS NEWS, Fince, Banks, Banking, International business, Trade,
Nvidia boss ‘disappointed’ by reported China chip ban
The boss of Nvidia says he is “disappointed” that China has reportedly ordered its top technology companies to halt purchases of the firm’s artificial intelligence…
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…
China accuses Nvidia of violating anti-monopoly laws
China’s market regulator has said US computer chipmaker Nvidia has violated Chinese anti-monopoly laws. The country’s market watchdog did not give details of how Nvidia…
UAE wealth funds bet big on fintech amid global tech shifts
The quiet capital that once operated behind the scenes is no longer just writing the big checks; they are rewriting the rules. Leading state-owned sovereign…
Saudi Aramco launches dollar sukuk with $200k min as debt push widens
Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant seeks to re-tap global debt…
Firms will hesitate to invest in US after raid – S Korea president
South Korean companies will be “very hesitant” about investing in the US following a massive immigration raid at a Hyundai plant in the state of…