UNDP Administrator, Achim Steiner and Dr Abdullah Al Rabeeah, Supervisor General of KSrelief sign US$5 million agreement on the sidelines of the European Humanitarian Forum in Brussels ©UNDP Syria

KSrelief and UNDP join hands to support economic recovery and enhanced food security in Syria

US$5 million agreement will rehabilitate bread production units and ensure sustainable operation Press Release Brussels, 19 May 2025 – Today, on the sidelines of the European Humanitarian Forum, the United Nations Development Programme (UNDP) and the King Salman Humanitarian Aid and Relief Centre (KSrelief) signed a US$5 million agreement to enhance food security, fostering economic recovery, and strengthening resilience of local communities in Syria by rehabilitating 33 bread production units in eight of … Continue reading KSrelief and UNDP join hands to support economic recovery and enhanced food security in Syria

Impact Newswire26/05/202526/05/2025

Middle East

Technology Innovation Institute and AI71 Collaborate with Amazon Web Services to Scale AI Innovations in the UAE and Beyond

The collaboration will expand global access to TII’s Falcon models and AI71’s enterprise AI products, with a focus on access, privacy, and automation tailored to industry needs Abu Dhabi, UAE – 21 May 2025: Abu Dhabi’s Technology Innovation Institute (TII), the creator of the globally ranked Falcon series of AI models and security and privacy solutions, as well as AI71, a leading Abu Dhabi AI company … Continue reading Technology Innovation Institute and AI71 Collaborate with Amazon Web Services to Scale AI Innovations in the UAE and Beyond

Impact Newswire26/05/202526/05/2025

Middle East, Untied Kingdom

The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East

News Release – RIYADH, Saudi Arabia & NEW YORK – May 19, 2025 – The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, and Stonepeak, the world’s largest independent infrastructure firm and leading US infrastructure investor, today announced that they have entered into a strategic partnership to invest in energy infrastructure across the Middle East. The partnership … Continue reading The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East

Impact Newswire23/05/202523/05/2025

Middle East

Technology Innovation Institute and AI71 Collaborate with Amazon Web Services to Scale AI Innovations in the UAE and Beyond

Impact Newswire22/05/202522/05/2025

Middle East, United States

Global Tech Alliance Launches Stargate UAE

News Release – 22 May 2025 – In a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco today announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–U.S. AI Campus in Abu Dhabi. Stargate UAE, a 1-gigawatt compute cluster, will be built … Continue reading Global Tech Alliance Launches Stargate UAE

Impact Newswire22/05/202522/05/2025

Middle East

President Trump Secures Transformative $200 Billion U.S.-UAE Deal and Accelerates Massive Investment

ABU DHABI – In a monumental move for U.S.-UAE relations, President Donald J. Trump has finalized a series of agreements that will facilitate $200 billion in new deals between the United States and the United Arab Emirates (UAE). This initiative comes at a time when bolstering international partnerships is crucial for economic growth and investment, particularly in the wake of global uncertainties. The newly announced … Continue reading President Trump Secures Transformative $200 Billion U.S.-UAE Deal and Accelerates Massive Investment

Mohd Hassan19/05/202519/05/2025

Middle East, United States

HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

HUMAIN, the new full AI value chain subsidiary of Saudi Arabia’s Public Investment Fund, today announced a landmark strategic partnership with NVIDIA, the world leader in AI computing infrastructure, to drive the next wave of artificial intelligence development. The two organizations will leverage NVIDIA platforms and expertise to establish Saudi Arabia as a global leader in AI, GPU cloud computing and digital transformation to drive … Continue reading HUMAIN and NVIDIA Announce Strategic Partnership to Build AI Factories of the Future in Saudi Arabia

Impact Newswire17/05/202517/05/2025

Middle East

CICC Expands Its Global Footprint with Official Launch of DIFC Branch

“We are delighted to welcome CICC to DIFC, bolstering the strategic relations between the UAE and China. Dubai and DIFC remain a top destination for Chinese investments, further accentuated by a surge in interest from banks, wealth and asset management firms, large corporations, and insurance sector market players. It underscores our commitment to offer a vast, well-developed ecosystem to help Chinese businesses expand and scale … Continue reading CICC Expands Its Global Footprint with Official Launch of DIFC Branch

Impact Newswire16/05/202516/05/2025

Middle East, United States

UAE, US Presidents attend unveiling of Phase 1 of new 5GW AI campus in Abu Dhabi

Press Release – ABU DHABI, 15th May, 2025 (WAM) — A new 5GW UAE-US AI Campus in Abu Dhabi was unveiled today at Qasr Al Watan in the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and President Donald Trump of the United States of America, who is on a state visit to the UAE. The new AI campus, the largest outside … Continue reading UAE, US Presidents attend unveiling of Phase 1 of new 5GW AI campus in Abu Dhabi

Impact Newswire16/05/202516/05/2025