Via North Africa Post, a report on South Sudan’s Salva Kiir on visit to UAE amid regional tensions and push for investment: South Sudanese President Salva Kiir Mayardit started on Sunday, June 22, an official visit to the United Arab Emirates, seeking to bolster trade, attract investment, and strengthen bilateral ties. This marks Kiir’s second […]
Read more »Via Rest of World, a report on how Middle East nations have committed $2 trillion to artificial intelligence, computer chips, and defense, chasing tech supremacy that money alone may not guarantee: The UAE will add $200 billion to existing AI investments, including building the world’s largest AI campus outside the U.S. Saudi Arabia struck deals […]
Read more »Via Semafor and Damac, a report on new UAE investment in Indonesia’s AI sector: Damac puts $2.3B on Jakarta AI Damac, Dubai’s largest private developer, is on a multibillion dollar spending spree to develop artificial intelligence infrastructure, this time in Indonesia. Subsidiary Edgnex is investing $2.3 billion in a 144 megawatt Jakarta data center. The […]
Read more »Via Voice of Africa, a report on growing UAE investment interest in Africa: The United Arab Emirates (UAE) has significantly expanded its economic and strategic footprint across Africa, pouring billions of dollars into the continent over the past five years. With investments surpassing $110 billion between 2019 and 2023, the UAE has become Africa’s single largest […]
Read more »Via Bloomberg, an article on Madagascar’s efforts to court UAE investment: Madagascar is seeking to boost investments from the United Arab Emirates to spur growth in its tourism and energy sectors, amid threats of steep tariffs from the US. The UAE is a key partner for Madagascar, with potential investments in sugar- and vanilla-processing plants, […]
Read more »Via The National, a report on a $7bn Qatari-led deal to double Syria’s power supply: Syria on Thursday signed a $7 billion deal with a Qatar-led business group aimed at doubling the country’s power supply, in the latest move to boost its postwar economy. The Syrian government signed an agreement with a consortium of companies led by Qatar‘s UCC Holding […]
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