Region

Overcoming regulatory fragmentation is key for Africa’s $1.5 trillion digital economy potential

The African data centre market is projected to reach $6.81 billion in 2030

‘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

Alibaba showcases AI-powered “Intelligent Olympics” Vision at Milano Cortina 2026

AWI transforms one of Milan’s most iconic public spaces into a living showcase of how digital innovation can intersect with culture, commerce, and sport

Pakistan pledges $1 billion investment in Artificial Intelligence to modernize digital economy by 2030

AI funding will modernize sectors like agriculture, industry, and trade enhancing national productivity 

U.S. hits South Korea with 25 percent tariff hike over trade deal delays

New levies target South Korean automobiles and pharmaceuticals

India and EU seal landmark trade deal, slashing tariffs on most goods

The European Union will eliminate or reduce tariffs on 99.5 percent of imports from India over a seven-year period

Bank of Japan holds interest rates steady at 0.75 percent, upgrades growth and inflation forecasts

An 8-1 vote reveals divided opinions on potential rate hikes amid Japan's economic recovery efforts

Alibaba showcases AI-powered “Intelligent Olympics” Vision at Milano Cortina 2026

AWI transforms one of Milan’s most iconic public spaces into a living showcase of how digital innovation can intersect with culture, commerce, and sport

Bank of England holds interest rates at 3.75 percent as inflation relief signals spring pivot

The decision to hold rates comes after a narrow 5-4 vote among the MPC members 

EU’s economy grows 1.6 percent in 2025 as unemployment holds at 5.9 percent

Lithuania recorded the highest increase compared to the previous quarter at 1.7 percent, followed by Spain and Portugal

India and EU seal landmark trade deal, slashing tariffs on most goods

The European Union will eliminate or reduce tariffs on 99.5 percent of imports from India over a seven-year period

Eurozone economy maintains modest growth in January as business confidence strengthens

Manufacturing production in the eurozone economy returned to growth in January, following a first fall in output for ten months at the end of 2025

U.K. economy rebounds in November with 0.3 percent GDP growth driven by rising car production

British economy defies stagnation warnings with fastest growth since June outpacing forecasts

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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U.S. trade deficit widens 94.6 percent, marking largest jump since 1992 as imports surpass records

The import surge, driven by technology needs, indicates a strong demand unmatched by domestic production 

U.S. hits South Korea with 25 percent tariff hike over trade deal delays

New levies target South Korean automobiles and pharmaceuticals

U.S. economy hits strongest growth in two years with 4.4 percent GDP surge

Household consumption and AI investments drove Q3 performance to its highest levels since 2023 

South Korea to invest $350 billion in U.S. shipbuilding, industry

The agreement allocates $200 billion in cash payments, capped at $20 billion per year, and $150 billion for joint shipbuilding projects

NVIDIA and South Korea partner to build AI infrastructure with 260,000 GPUs to fuel nation’s innovation, job growth

South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologies 

U.S. and Australia launch $2 billion investment to reduce reliance on Chinese minerals

A joint venture will fund a plant with an estimated capacity of 100 tons of gallium 

Worldwide

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U.S. job growth likely picked up in January as layoffs ease, but labor market remains sluggish

Economists point to lingering uncertainty over import tariffs as a key factor dampening business confidence and hiring decisions

Pakistan pledges $1 billion investment in Artificial Intelligence to modernize digital economy by 2030

AI funding will modernize sectors like agriculture, industry, and trade enhancing national productivity 

Bank of England holds interest rates at 3.75 percent as inflation relief signals spring pivot

The decision to hold rates comes after a narrow 5-4 vote among the MPC members 

Australia RBA interest rate hike hits households as cash rate reaches 3.85 percent in first tightening since 2023

The December Consumer Price Index showed inflation rising to 3.8 percent, alarming financial markets