Africa

OPEC Fund grants $20 million loan to support agricultural development in Malawi

This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals

BRICS expansion: Nine new partner countries set to join in January 2025

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries

Investopia Tokyo explores investment and financing opportunities in Japanese markets in fintech, new economy

Bin Touq: ‘Investopia Tokyo’ creates promising economic and investment opportunities for the UAE and Japanese business communities

AD Ports appoints Egyptian contractor to build infrastructure for Noatum Ports – Safaga Terminal

The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk

Dubai DET, IHG Hotels & Resorts partner for joint marketing and training initiatives

Both organizations will develop tourism products highlighting Dubai's unique attractions, like cultural tours and seasonal packages

DP World begins maritime works on $1.2 billion Senegal port

An economic zone is set to be established near the Ndayane port and Blaise Diagne International Airport

Economy Middle East and ADGM sign MoU announcing return of Economy Middle East Summit in 2025

Building on the inaugural summit's success, this partnership aims to strengthen the UAE's role as a global economic and innovation hub

OPEC Fund authorizes nearly $1 billion in new development financing

These initiatives support global nations by improving infrastructure, food security, renewable energy, and economic resilience

DIEZ’s Tradeling acquires Axiom Telecom to fuel growth in MENA’s e-commerce market

Tradeling, MENA’s largest B2B e-commerce platform, poised for annual revenue of over AED2 billion

Etihad Airways expands Africa network, launches flights to Nairobi

The Nairobi launch follows the successful introduction of services to nine other cities in 2024

La Niña’s impact on 2024’s record-breaking heat: What you need to know

New report suggests that 2024 might be the hottest year on record

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030