South Africa’s fintech scene lays claim to Africa’s digital future as Stitch raises USD 55 million to revolutionize payments—despite limited infrastructure and regulatory hurdles.
During the Africa Investment Forum’s Market Days 2024, investors committed USD29.2 billion to various projects across the continent, underscoring Africa's increasing appeal as a destination for global capital.
Saudi-based Taiba Investments announces a strategic partnership with Hilton to bring the Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah.
The transaction would see Masdar acquire a portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal from Brookfield. This deal represents one of Iberia’s largest renewable energy transactions, as the company targets global capacity of 100GW by 2030.
Saudia Group and electric aircraft manufacturer Lilium N.V. signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50...
An industrial and energy project valued at an estimated USD31.8 billion topped the recent investment agreements reached between the UAE and Oman following Sultan Haitham Bin Tariq’s visit to the UAE capital earlier this week.
As major exporters brace for impact and manufacturing faces soaring costs due to increased steel tariffs, consumers could be hit hardest, with average U.S. households facing a potential USD 2,500 hike in yearly expenses.
According to analysts, EV adoption will gain major momentum in the Middle East thanks to growing tech-savvy urban hubs in Saudi Arabia and the UAE, in addition to a significant drop in the cost of EVs over the past decade.
FILMART 2025 expanded its global reach, drawing top filmmakers, financiers, producers, musicians, and animation artists from emerging territories beyond Asia. The event showcased new projects and explored AI's transformative role in filmmaking, paving the way for future entertainment innovations.
According to a new report from Oxford Economics, second-hand clothing (SHC) is stimulating billions of dollars in GDP contributions and supporting hundreds of thousands of green jobs across Europe and Africa.
HH Lt. General, Deputy Prime Minister and Minister of the Interior Sheikh Saif bin Zayed Al Nahyan attended Majlis Mohamed bin Zayed Ramadan inaugural lecture on Islamic fine arts and history at Abu Dhabi.