Africa

Global FDI falls 11 percent in 2024 amid major slowdown in Europe, developed economies: UNCTAD

In too many economies, capital is stagnating or bypassing entirely the sectors that matter most, said UNCTAD

Google contributes over $5.9 billion to UAE economy in 2024: Report

Google’s AI tools significantly enhanced productivity for individuals and enterprises in the UAE 

OPEC Fund unveils $720 million financing to support global development initiatives in several countries

A $212 million loan with Oman will improve connectivity through the Khasab–Daba–Lima Road Project 

Saudi Arabia’s GACA, Airbus forge partnership to advance sustainable aviation practices

Key areas of cooperation include sharing expertise in low-carbon and sustainable aviation fuels

Qatar posts 194 percent surge in GenAI enrollments, 55 percent growth in certificates: Report

Qatar now leads the Arab world in technology and data science skills, scoring 64 percent in each

Global gender gap closes to 68.8 percent yet full parity remains 123 years away, says WEF

Iceland led the rankings for the 16th year running, followed by Finland, Norway, the United Kingdom and New Zealand

UAE advances digital transformation with 344 percent surge in GenAI enrollments, leading AI maturity ranking

87 percent of UAE employers prioritize AI and tech literacy; 41 percent growth in professional certificates

UAE, Egypt Presidents discuss strengthening fraternal ties, cooperation across key sectors

Leaders exchanged heartfelt wishes in advance of Eid al-Adha, praying for health and happiness 

Eid al-Adha 2025 drives 45 percent mobile commerce boom in MENA: Report

Gross merchandise volume orders are projected to grow 15 percent

Middle East tourism spending to hit $350 billion by 2030, says ATM report

The Middle East’s rise as a global hub for business events is another key highlight of the report

Bill Gates pledges $200 billion to boost health, development in Africa

Gates: “By unleashing human potential through health and education, every country in Africa should prosper”

Dubai’s PCFC, Ghana ink MoU to establish first economic zone, digital incubator in Accra

The initiative aims to position Accra as a leading destination for global businesses and talent