Tag: Infrastructure

African Development Bank 2025 Annual Meetings
Africa

African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

The African Development Bank Group’s 2025 Annual Meetings open next week amidst shifting winds of global trade. Forty-seven of Africa’s fifty-four countries have been affected by new U.S. trade measures, with 22 facing tariffs of up to 50 percent on a wide range of exports. In the context of evolving U.S. foreign assistance priorities and reduced USAID funding, African nations are navigating a changing landscape … Continue reading African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

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Technology Innovation Institute and AI71 Collaborate with Amazon Web Services
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

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The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership
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

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Siemens to bring advanced timing constraint capabilities to EDA design flow with Excellicon acquisition
Europe

Siemens Digital Industries Software to acquire Excellicon

Siemens to bring advanced timing constraint capabilities to EDA design flow with Excellicon acquisition Acquisition enables System-on-a-Chip (SoC) designers to accelerate design closure and enhance functional and structural constraint correctness with industry-proven timing constraints management May 19, 2025 – Siemens Digital Industries Software announced today that it has entered into an agreement to acquire Excellicon. This will bring Excellicon’s best-in-class software for the development, verification, … Continue reading Siemens Digital Industries Software to acquire Excellicon

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G42 and iGenius Join Forces to Deploy Europe’s Largest AI Compute Cluster
Europe

G42 and iGenius Unleash Groundbreaking AI Infrastructure in Europe

G42 and iGenius Join Forces to Deploy Europe’s Largest AI Compute Cluster 20 May 2025 – News Release – In a major step toward deepening the UAE-Italy strategic relations, G42, the leading AI technology group from Abu Dhabi, through its subsidiary Core42, today announced a strategic partnership with iGenius, a pioneer in AI models for highly regulated industries, to deliver the largest AI compute deployment in Europe. … Continue reading G42 and iGenius Unleash Groundbreaking AI Infrastructure in Europe

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Kamel Ghribi Attends Pope Leo XIV’s Inauguration
Europe

Kamel Ghribi Attends Pope Leo XIV’s Inauguration, Reflects on New Era of Humble Power and Global Unity

Pope Leo XIV’s inauguration mass took place on Sunday, May 18, 2025, marking a profound moment in the history of the Catholic Church. The event, which resonated far beyond the walls of the Vatican, was witnessed by many global dignitaries, including veteran businessman and humanitarian Kamel Ghribi. Reflecting on the ceremony, Ghribi described it as “a sacred moment etched into the heart of history… one … Continue reading Kamel Ghribi Attends Pope Leo XIV’s Inauguration, Reflects on New Era of Humble Power and Global Unity

Emmanuel Benson
G42 and Cisco to Extend Strategic Partnership to Drive AI Innovation and Infrastructure Development
Middle East

G42 and Cisco to Extend Strategic Partnership to Drive AI Innovation and Infrastructure Development

The MoU builds on G42’s growing ecosystem as it accelerates its efforts to scale AI infrastructure and innovation ABU DHABI, UAE – May 13, 2025 – G42, the UAE-based global technology group, today announced the signing of a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, laying the groundwork for a strategic collaboration aimed at advancing artificial intelligence (AI) innovation and … Continue reading G42 and Cisco to Extend Strategic Partnership to Drive AI Innovation and Infrastructure Development

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UK and Norway accelerate clean energy opportunities
Europe

UK and Norway accelerate clean energy opportunities

British workers and businesses will benefit from more investment in the UK’s clean energy future, with a new partnership signed with Norway. From: Department for Energy Security and Net Zero and The Rt Hon Ed Miliband MP Published8 May 2025 On a visit to Oslo this week, Energy Secretary Ed Miliband secured a Green Industrial Partnership with Norwegian counterparts Ministers Terje Aasland and Cecilie Myrseth and met … Continue reading UK and Norway accelerate clean energy opportunities

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Lucid and Saudi Arabia's KAUST Announce Strategic Partnership
Middle East

Lucid and Saudi Arabia’s KAUST Announce Strategic Partnership

Lucid and Saudi Arabia’s KAUST Announce Strategic Partnership to Advance EV Technology Leadership and Grow Autonomous Driving and Advanced Driver Assist System Capabilities May 5, 2025 – Partnership leverages growing resources in the Kingdom of Saudi Arabia to advance key areas in Lucid’s technology roadmap while progressing the country’s vision for sustainable mobility KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 5, 2025 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the … Continue reading Lucid and Saudi Arabia’s KAUST Announce Strategic Partnership

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