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Region
Africa
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Africa
‘Jollof Wars’ in West Africa: Economic reforms in Nigeria and Ghana are stirring the pot
Significant competition between the two nations is unfolding over economic reforms resulting from political transitions
Africa
China pledges $51 billion in funding to Africa for infrastructure, job creation
China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines
Africa
China’s lending to Africa rises for the first time in seven years in 2023, reaches $4.61 billion
Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers
Africa
$30 million data centre inaugurated in Congo to catalyze digital economy
The 400-rack capacity facility is expected boost DRC's digital landscape
Africa
Senegal’s first satellite is in orbit: A collaborative effort to harness space technology for socio-economic progress
The move aims to enhance natural resource management and disaster preparedness
Africa
Ethiopia secures $3.4 billion IMF financing program with $1 billion immediate disbursement
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
Asia
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Asia
South Korea, U.S. commit to reaching tariff deal before August 1 deadline
South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline
Asia
Japan’s manufacturing activity contracts in July due to uncertainties surrounding U.S. tariffs
S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1Â
Asia
South Korea’s GDP grows 0.6 percent in Q2 2025 driven by strong private consumption, exports
Private consumption increased 0.5 percent, supported by improving sentiment and a stock market rally
Asia
China’s consumer price index declines in May 2025 as export growth hits three-month low
CPI edged down 0.1 percent year on year, impacting economic outlookÂ
Asia
Strong Q1 growth reduces urgency for rate cuts in China
Benchmark loan rates unchanged as country faces trade challenges
Asia
New satellite launch from China: Tianping-3A 02 for enhanced radar calibration, orbital predictions
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Europe
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Economy
Wales tourism tax approved: What visitors need to know before 2027
Welsh finance secretary Mark Drakeford defended the move, highlighting that tourist levies are common across the globe
Europe
EU commits $3.3 billion for 94 transport projects to boost connectivity, market resilience
Investments aim to modernize railways, inland waterways, and maritime routes across the TEN-T networkÂ
Economy
U.K.’s GDP falls 0.3 percent in April 2025, biggest monthly drop since October 2023
There was a monthly decrease of 63.5 percent in U.K. residential transactions in April 2025, compared with March 2025
Economy
NVIDIA to build world’s first industrial AI cloud in Germany
AI factory will enable Europe’s industrial leaders to accelerate every manufacturing application
Europe
U.K. to invest $1.35 billion in AI research compute by 2030, says PM Starmer
The U.K.’s fastest AI supercomputer powered by 5.5k GH200s is set to be fully operational this summer
Economy
Eurozone inflation falls to 2.2 percent in March, jobless rate declines
Strengthening calls for additional interest rate cuts from ECB
Saudi Arabia
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Features
Exclusive interview with Chris Newman, Executive Director, NEOM Hotel Development
With 95% of the land protected for nature, NEOM offers incredible biodiversity
United Arab Emirates
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Real Estate
U.S. new home sales rise 5.9 percent to 664,000 in November
The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October
Economy
U.S. consumer confidence at six-month high in August despite lingering labor market fears
In August, U.S. consumer confidence declined among consumers under 35 while it increased for those 35 and older
Europe
Sweden’s trade surplus grows to $640 million in July 2024
Non-EU trade surplus hit SEK 22.7 billion during this period
Logistics
Apple’s iPhone sales jump 52 percent in China during April 2024
Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units
Economy
U.S. annual inflation slows to 3.4 percent in April, monthly CPI up 0.3 percent
The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)
Features
Exclusive Interview with Sheikha Bodour bint Sultan Al Qasimi, leading Sharjah to new horizons
City renowned for being people-centric, entrepreneurial, sustainable and culturally vibrant
United States
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Asia
South Korea, U.S. commit to reaching tariff deal before August 1 deadline
South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline
Health
AstraZeneca announces $50 billion U.S. investment in biotech and drug manufacturing by 2030
Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.
Technology
Amazon unveils $20 billion investment plan for Pennsylvania data centers creating 1,250 new jobs
Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwideÂ
Economy
Hyundai, Trump announce $21 billion investment in U.S. manufacturing by 2028
Hyundai Steel will construct a steel mill in the state of Louisiana, capable of producing 2.7 million tons of steel annually
Logistics
U.S. Tesla sales dip as overall EV sales grow 10.5 percent in February
Tesla’s overall sales were down by 10.0 percent, driven by declines in the Cybertruck, Model 3 and Model Y
Economy
U.S. job cuts surge 245 percent in February, fueled by Musk and Trump’s workforce reductions
U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures
Worldwide
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Asia
Japan’s manufacturing activity contracts in July due to uncertainties surrounding U.S. tariffs
S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1Â
Asia
South Korea’s GDP grows 0.6 percent in Q2 2025 driven by strong private consumption, exports
Private consumption increased 0.5 percent, supported by improving sentiment and a stock market rally
Health
AstraZeneca announces $50 billion U.S. investment in biotech and drug manufacturing by 2030
Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.
Europe
EU commits $3.3 billion for 94 transport projects to boost connectivity, market resilience
Investments aim to modernize railways, inland waterways, and maritime routes across the TEN-T networkÂ
Logistics
Global aviation industry to add 1.5 million jobs by 2034, CAE forecast shows
The biennial report offers a comprehensive outlook on the future workforce demands across commercial and business aviation
Technology
Amazon unveils $20 billion investment plan for Pennsylvania data centers creating 1,250 new jobs
Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwideÂ