Global investment in renewable energy must more than triple over the next six years to meet the 11,000GW capacity target needed to keep 1.5°C within reach, says UAE Minister of Industry and Advanced Technology and COP28 President Dr Sultan Al Jaber at the Global Renewables Summit held during the 79th UN General Assembly in New York this week.
If the Australian public would like to know what their future would have looked like if former Prime Minister Kevin Rudd succeeded in his mission to create a healthy sovereign wealth fund from the Resources Super Profits Tax proposal in 2010, look no further than the Kingdom of Saudi Arabia in 2024 – where all its citizens share in the spoils.
For this week’s newsletter, we are pleased to share an interview from the recent China-Africa Cooperation Summit with the Institute for Strategic and Policy Studies South Sudan Executive Director Melha Rout Biel and the Global Times. Biel unpacks how China and Africa can move forward together to create a shared future, with mutual prosperity.
With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.
KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.
Singapore’s Monetary Authority aims to elevate its financial hub status by injecting significant capital into the local stock market to drive growth, improve liquidity, and attract investors amid strong regional competition.
Aimed at powering growth and cutting emissions, China’s mega-dam is set to supercharge demand for steel, copper, and key industrial metals, reshaping supply chain priorities for miners, manufacturers, and policymakers alike.