The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24.Here are some key facts about the bloc and its members.WHAT I

Dubai, UAE; 12 September 2024: Companies using Mastercard Business cards in the Eastern Europe, Middle East and Africa (EEMEA) region are set to benefit from a new value-added service – a business …

Oracle Database services running on Oracle Cloud Infrastructure can now be deployed directly in Google Cloud datacenters Multicloud partnership helps customers simplify cloud migration and innovate…

CBS News' Erin Moriarty talks with Hillary Rodham Clinton about a possible role for the former secretary of state in a potential Kamala Harris-Tim Walz administration.

Ed Davey told the Liberal Democrat party conference that he would “cut through the government’s doom and gloom” and plans to “vanquish

Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade Finance and Nedbank Co

Sharjah is set to become a key player in the artificial intelligence (AI) landscape by unveiling its first commercial AI license in collaboration with Microsoft. This initiative aims to accelerate AI adoption across industries in the Emirate and enhance t...

Central banks across the Gulf Cooperation Council (GCC) are poised to adjust interest rates downward, aiming to stimulate their economies beyond the oil sector. This move, if implemented, is anticipated to improve credit conditions and accelerate growth w...

The Abu Dhabi National Energy Company (TAQA) has unveiled a major investment of Dhs150 million in a new wastewater treatment project located in Al Bahia, Al Sadr. This development marks a significant step in TAQA’s ongoing efforts to enhance infrastructur...

DP World and Nedbank have announced a strategic partnership aimed at enhancing trade finance solutions across Africa. This collaboration seeks to address the continent’s working capital needs, offering a robust framework designed to support businesses eng...

Dubai-based Arqaam Capital has secured authorization from the Saudi Capital Market Authority (CMA) to commence operations in Saudi Arabia. This pivotal move is a significant step in the firm’s strategy to broaden its regional footprint, capitalizing on th...

Saudi Arabia’s Savola Group has garnered substantial investor interest, with its recent rump offering of shares being oversubscribed by an astonishing 814.2%. This significant oversubscription underscores robust confidence in Savola’s market position and...

Sparkle, Italy’s premier international telecommunications provider, has joined forces with Nexim Global, an Italo-American telecom firm, to enhance global internet connectivity and cybersecurity services. This partnership, announced during the IBC2024 con...

Investcorp, a prominent global alternative investment firm, has unveiled a significant expansion into the U.S. industrial real estate sector. The firm, in collaboration with two major sovereign wealth funds, has established a new venture valued at $526 mi...

Intel and Amazon Web Services (AWS) have significantly advanced their collaboration with a new multi-billion dollar investment aimed at revolutionizing AI chip technology. This extended partnership underscores a strategic push to enhance AWS’s cloud compu...