The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), plans to roll out a new long-term strategy aimed at boosting returns, supporting the local economy, and advancing the kingdom’s diversification away
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When an Abu Dhabi-based artificial intelligence company sought access to one of Europe’s largest data centres earlier this year, it turned to an unlikely intermediary—a former child actor turned investment banker. Zachary
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Thailand’s cannabis industry is poised for a revival under new Prime Minister Anutin Charnvirakul, a political figure who spearheaded the country’s decriminalization of marijuana, Bloomberg reported. Since Anutin first decriminalized cannabis in
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Artificial intelligence start-up Anthropic has soared to a $170bn valuation after raising one of the largest-ever venture capital funding rounds, underscoring investor appetite for the fast-growing sector, the Financial Times reported. The
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Egypt has unveiled one of its latest major architectural projects, the Marina Delta Lagoons Resort, located near New Mansoura and Baltim in Kafr El-Sheikh. The resort has been designed with a Jewish-inspired
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Elon Musk attempted to recruit Meta chief executive Mark Zuckerberg to help finance a near-$100 billion bid to take control of OpenAI earlier this year, according to court documents reported by the
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The Canadian government has intervened to end a strike by more than 10,000 Air Canada flight attendants, less than half a day after it began, following hundreds of flight cancellations that disrupted
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Trading activity on China’s stock exchanges surged to its highest level in nearly six months on Wednesday, signaling growing bullish sentiment among investors, Bloomberg reported. Turnover across mainland exchanges reached 2.15 trillion
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Indian refiner Nayara Energy Ltd. has carried out one of its first ship-to-ship fuel transfers since being hit by European Union sanctions, in an apparent effort to maintain exports despite mounting restrictions,
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Apple Inc. is preparing an ambitious slate of new devices — including household robots, a lifelike version of Siri, a smart speaker with a display, and home-security cameras — as part of
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