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This is primarily driven by the near price parity between battery-electric vehicles (BEVs) and internal combustion engine (ICE) vehicles in the country The data center will power services such as Search, Maps, and Workspace, and will help deliver AI services SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024 Data from the National Bureau of Statistics reported that this growth rate was the same as that registered in the first quarter The manufacturing and processing sector grew by 6.3 percent, contributing 5.5 percentage points to the overall increase The magnitude of clean energy projects currently under construction in China surged to 512.05 GW during the quarter This represents an 18.7 percent increase compared to the same period last year In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan China accounted for three-quarters of the total investments in this field, according to the report PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy Saudi minister highlights the Kingdom's status as the fastest-growing economy over the past six years Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors An Education Task Force will be also established to promote cooperation in higher education The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT The move will strengthen Malaysia's global AI development support Investor sentiment remains cautious ahead of the interest rate decision by the US Federal Reserve At COP28, countries pledged a total of $792 million for loss and damage funding arrangements Asset management emerged as the sector attracting the largest sources of FDI Collaboration to power up green data centers in Malaysia's industrial parks 4 percent rise in shares increases company's stock market value by $128 billion Non-oil trade between the UAE and Chile amounted to $305.1 million in 2023 Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones The number of luxury homes for sale increased 13 percent in the first quarter of 2024 AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
