Region

Microsoft, G42 launch $1 billion digital ecosystem initiative for Kenya

Initiative includes building state-of-the-art data center campus in Olkaria, Kenya

African Development Bank Group to launch 2024 African Economic Outlook on May 30

Africa's transformation is crucial for the continent to catch up with other regions globally

IMF maintains Nigeria growth forecast at 3.3 percent in 2024, inflation to decline to 24 percent

Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth

Kenya’s private sector business conditions stabilize in April as price pressures mostly ease: PMI

Kenya's private sector 12-month outlook rebounds as business confidence strengthens

UAE’s AD Ports secures 20-year agreement to operate, upgrade Angola’s Luanda terminal

AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola

Africa’s $824 billion debt burden, loans undermine its economic potential: ADB president

Eurobond debt now accounts for 44 percent of Africa's total debt

EU, Singapore conclude negotiations for landmark Digital Trade Agreement

The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade

Apple’s China smartphone shipments fall 6.5 percent as local players dominate: Report

Vivo reclaimed the top spot in China with 13.1 million smartphone shipments, capturing a 19 percent market share

Is Japan facing a profound demographic crisis as its population drops by over 500,000 in 2023?

The country’s birth rate hit a record low of 730,000 in 2023, while deaths reached a record high of 1.58 million

China’s central bank lends at lower rates for second time this week

Central bank issued $27.5 billion in one-year loans under its medium-term lending facility operation at 2.30 percent

India to invest $24 billion in job creation over next five years, $131.51 billion on long-term infrastructure projects

"India's economic growth continues to be the shining exception and will remain so in the years ahead," the minister said

China’s fiscal revenue fell 2.8 percent YoY to $1.62 trillion in H1 2024

A breakdown of the data showed that the central government collected around 5 trillion yuan in fiscal revenue

EU agri-food trade surplus reaches $5.43 billion in April 2024, driven by higher prices and increased exports

Exports reached €19.8 billion ($21.5 billion), mainly due to increased prices of olives and olive oil

EU, Singapore conclude negotiations for landmark Digital Trade Agreement

The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade

New U.K. business growth jumps to 15-month high in July, says PMI

Job numbers at manufacturing firms were stable in July, ending a 21-month sequence of decline

Euro area government debt rises to 88.7 percent of GDP in Q1 2024

The highest ratio of government debt to GDP in the euro area was in Greece at 159.8 percent

Bank of England rate cut bets rise as inflation steadies at 2 percent target

The Bank of England's interest reached a 16-year high of 5.25 percent in August 2023

Euro area international trade surplus hits $15.20 billion in May 2024

In the first five months of 2024, the euro area recorded a trade surplus of 84.9 billion euros

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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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

Maha AlQattan on DP World Group’s sustainability strategy: ‘Our World, Our Future’

Innovation and digitalization are key to decarbonization initiatives

Paul Griffiths, CEO of Dubai Airports, eyes massive expansion

Plans to improve capacity and service levels at DXB

United States

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Will faster than expected Q2 U.S. economic growth set stage for potential Fed rate cut?

The solid growth is driven by resilient consumer spending and business investment

U.S. trade deficit declines 2.5 percent to $96.8 billion in June

Consumer goods imports rose 3.3 percent in June, reflecting solid domestic demand

What does Google’s decision to keep third-party cookies mean for the future of the internet?

The internet giant said it will "introduce a new Chrome experience for informed browsing choices"

U.S. election to drive gold’s safe-haven demand, impact broader macro variables: Report

Rising geopolitical threats and political uncertainty will likely impact financial markets around U.S. election

U.S. home sales dip as median price rises 4.1 percent to all-time high

U.S. home sales declined 5.4 percent last month to 3.89 million units

Tesla to have humanoid robots in low production for internal use next year: Musk

Musk previously said that Tesla aimed for the robots to be mass-produced and cost less than $20,000 each

Worldwide

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Will faster than expected Q2 U.S. economic growth set stage for potential Fed rate cut?

The solid growth is driven by resilient consumer spending and business investment

EU agri-food trade surplus reaches $5.43 billion in April 2024, driven by higher prices and increased exports

Exports reached €19.8 billion ($21.5 billion), mainly due to increased prices of olives and olive oil

EU, Singapore conclude negotiations for landmark Digital Trade Agreement

The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade

CrowdStrike CEO says over 97 percent of Windows sensors back online

Company's shares have plummeted over 13.5 percent in the last 5 days

Is Japan facing a profound demographic crisis as its population drops by over 500,000 in 2023?

The country’s birth rate hit a record low of 730,000 in 2023, while deaths reached a record high of 1.58 million

What does Google’s decision to keep third-party cookies mean for the future of the internet?

The internet giant said it will "introduce a new Chrome experience for informed browsing choices"