UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by…
Tag: Investment
Samsung, Hyundai, Announce Domestic Investments after US-South Korea Trade Deal
Samsung Electronics, Hyundai Motor and other major South Korean manufacturers on Sunday unveiled domestic investment plans, as a US trade deal raised concern investment in…
Microsoft’s $15.2bn investment in the UAE: A strategic bet on AI, talent and trust
Microsoft’s decade-long investment in the United Arab Emirates underscores its commitment to building a robust artificial intelligence ecosystem, advancing digital infrastructure and fostering local talent…
AI, gigaprojects top agenda as Saudi Arabia opens flagship conference
Saudi Arabia opened on Tuesday its flagship investment conference featuring heads of state and the global business elite as it seeks to drum up support…
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,…
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…
Trump and sons’ stake in crypto firm worth $5bn
The crypto token backed by the Trump family has started publicly trading, giving the holdings owned by the US president and his sons a value…
Egypt Signs $1 Bln Deal with China’s Sailun Group for Tire Factory
Egypt has signed a deal with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic Zone, with total investments of…
Saudi Arabia Boosts Foreign Investment Inflows Surge 44%
Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this…