Today, the Apple Developer Academy in Riyadh celebrated the graduation of 190 students after an educational journey that spanned nearly nine months. Graduates of the […]
Category: MENA
Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and […]
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader […]
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi […]
IMF working on global central bank digital currency platform
RABAT – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing […]
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of […]
Auto firms race to secure non-Chinese graphite for EVs as shortages loom
LONDON – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) […]
Paris 2024 Olympics headquarters being searched by police
PARIS – The headquarters of the Paris 2024 Olympics organising committee were being searched by police, organisers said on Tuesday. “A search is currently under […]
SoftBank’s Son says he is ‘heavy user’ of ChatGPT
TOKYO – SoftBank Group Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft backed startup OpenAI. […]