Africa

Saudi Arabia and Tanzania sign trade agreements, establish joint business council

In 2023, trade volume between Saudi Arabia and Tanzania reached SAR5.5 billion

LEAP 2025: stc Group inks 75+ agreements with global digital giants

Strengthening its role in AI and global digitalization

WGS 2025: IFC provided over $2.3 billion in financing to UAE-based multinational companies in 2024

During the last financial year, the Washington-based organization invested $56 billion in emerging markets

Egypt issues new guide to help investors understand rights, tax obligations

This initiative is designed to reassure both current and prospective investors regarding their future tax responsibilities

WGS 2025: Mohamed bin Zayed Water Initiative, World Bank collaborate to drive innovation in tackling global water scarcity

Partnership aims to address water security challenges and promote sustainable management solutions

WGS 2025: Dubai Future Foundation, IBM partner to create sovereign cloud, AI innovation center in the emirate

The partnership supports Dubai's D33 agenda to double its economy and rank among the top three global cities

Abu Dhabi’s EMSTEEL delivers $2.25 billion in revenue for 2024

The company realized a solid Profit before tax of $117.6 million and Net Profit after tax of $106.7 million

ADNOC Distribution posts record $1.05 billion EBITDA for FY 2024, up 4.8 percent year-on-year

Record performance highlights strong fuel volumes, retail growth, and contributions from Saudi Arabia and Egypt

WGS 2025: Sheikh Mohammed emphasizes government innovation as essential for improving communities’ quality of life and future

During H.H. Sheikh Mohammed's visit to exhibition showcasing top government innovation projects

LEAP 2025: Saudi Arabia solidifies status as global AI hub with $14.9 billion investment

On the event's first day, Saudi Arabia announced major investments in AI, cloud computing, and digital transformation

UAE strengthens global leadership in AI, projected to boost GDP by $100 billion by 2030

Abu Dhabi aims to be the first AI-powered government, focusing on robust digital infrastructure and automation