Africa

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

Dubai attracts 18.72 million international visitors in 2024, marking a 9 percent increase year-on-year

Sheikh Hamdan: Dubai’s tourism growth reflects Sheikh Mohammed bin Rashid’s vision in the Dubai Economic Agenda D33

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

WGS 2025: Dubai to host first edition of Young Arab Leaders Forum

Forum will bring together over 200 emerging leaders from across the Arab world on February 10

IMF considers new funding for Egypt amid rising costs

Cairo currently benefits from an $8 billion IMF financing agreement expanded in 2022 for economic support

Egypt welcomes 15.78 million tourists in 2024, aims for 30 million annually in coming years

The country received 8.7 million tourists in the first half of the current fiscal year