Region

‘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

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

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

$30 million data centre inaugurated in Congo to catalyze digital economy

The 400-rack capacity facility is expected boost DRC's digital landscape

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

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 outlook 

Strong Q1 growth reduces urgency for rate cuts in China

Benchmark loan rates unchanged as country faces trade challenges

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 efforts 

South Korea to establish $34.4 billion fund to support advanced industries

The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years

China aims for 5 percent growth in 2025 amid challenges from Trump tariffs

The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort

India central bank delivers first rate cut in almost 5 years as inflation eases

The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings

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 network 

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

NVIDIA to build world’s first industrial AI cloud in Germany

AI factory will enable Europe’s industrial leaders to accelerate every manufacturing application

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

Eurozone inflation falls to 2.2 percent in March, jobless rate declines

Strengthening calls for additional interest rate cuts from ECB

Eurozone business activity rises to 50.4 in March, highest level in seven months

Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine

Saudi Arabia

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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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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

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

Sweden’s trade surplus grows to $640 million in July 2024

Non-EU trade surplus hit SEK 22.7 billion during this period

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

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)

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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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 nationwide 

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

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

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

China aims for 5 percent growth in 2025 amid challenges from Trump tariffs

The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort

U.S. consumer prices rise 0.5 percent in January, annual rate grows 3 percent

In the 12 months through January, core U.S. consumer prices rose 3.3 percent after gaining 3.2 percent in December

Worldwide

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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 network 

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

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 nationwide 

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 outlook 

Strong Q1 growth reduces urgency for rate cuts in China

Benchmark loan rates unchanged as country faces trade challenges

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