- The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Trump is boycotting, with his government saying South Africa's priorities -- notably boosting global cooperation on trade and climate action -- run counter to US policy.
Despite the headwinds, host South Africa was projecting optimism that it would get backing for its G20 aims to reduce economic inequalities, shrink debt for low-income countries
- Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
The consumer price index, a key measure of inflation, rose 0.2 percent year-on-year last month, according to the National Bureau of Statistics (NBS).
Consumer prices were stagnant in July followed by two months of decline.
- Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
Abu Dhabi-based firm inked the deal with French shipping giant CMA CGM for a 20 percentage stake in the Latakia International Container Terminal, AD Ports Group said in a statement
The Syrian government signed a 30-year contract in May with the French firm to run the Mediterranean port and modernise it, including developing the infrastructure
- The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of...
Egypt, mired in its worst economic crisis in decades, is betting big on its 3,000 kilometres (1,800 miles) of coastline as a revenue source
In 2024 the UAE said it would inject $35 billion in foreign direct investment into Egypt, including $24 billion that would go to developing the Ras al-Hikma area west of Alexandria
- In the post-digital world, Bahrain’s center of activity, the city of Manama, has stiff yet healthy competition from the GCC...
Today, Bahrain is reinventing its economy through focusing heavily on Fintech Innovation, developing data centers with partners such as Amazon Web Services
The pioneer of conventional banking in the region in 1970s has been robustly supporting Shariah-compliant financial instruments amid the Fourth Industrial Revolution
- Qatar's energy minister on Monday warned the Gulf state would halt its supply of liquefied natural gas to Europe over...
The Corporate Sustainability Due Diligence Directive (CSDDD) requires large companies to fix the "adverse human rights and environmental impacts" of their supply chains worldwide
The law was backed by a broad coalition of European politicians including the left and the greens as well as centrists, including some centre-right lawmakers
- Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...
The deal will also give access to tens of millions of more conventional CPUs that will be used for the everyday deployment of so-called agentic AI.
OpenAI will immediately begin utilizing AWS computing, with all capacity targeted to be used before the end of 2026, and the ability to expand further in the coming years.
- The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause" in what had been regular hike since April
The announced increase, which tallied with analyst expectations, has been seen as a bid by the key members of OPEC+ - known as the Voluntary Eight - to gain greater market share
- Paris, France - An AI-generated video claiming to show one of the football stadiums for the 2034 FIFA World Cup...
The video of glowing arena built atop a towering skyscraper was shared by thousands of social media accounts, with millions of users believing it was the official visual
While Riyadh has unveiled plans to build a football area on a real estate complex in The Line – a futuristic new megacity project – the official plans bear no likeness to the clip
- The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in...
The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in financing the kingdom's gigaprojects
But Riyadh's ambitions to become a global AI hub face fierce competition from the neighbouring United Arab Emirates, which have invested in AI for years




















