African Development Bank 2025 Annual Meetings

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.”

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

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

Global Tech Alliance Launches Stargate UAE

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

Kyndryl announces €100 million data, AI and cyber resilience investment in France

Kyndryl announces €100 million data, AI and cyber resilience investment in France

Investment to accelerate France’s digital transformation and economic growth with a focus on new hires, AI private cloud services and a digital hub in Sophia-Antipolis News Release – PARIS, May 19, 2025 — As part of “Choose France,” Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, announced that it will invest up to €100 million over three years in France to strengthen the country’s capabilities … Continue reading Kyndryl announces €100 million data, AI and cyber resilience investment in France

Unilever invests £80 million in new UK fragrance facility and capabilities

Unilever invests £80 million in new UK fragrance facility and capabilities

19 May 2025 – Unilever has today announced an £80 million investment to build in-house fragrance capabilities in the UK, including plans to build a new state-of-the-art fragrance facility in Port Sunlight, develop leading-edge digital capabilities and to recruit and partner for the very best fragrance talent and expertise. Fragrance plays a critical role in elevating the consumer experience and performance of everyday products, from … Continue reading Unilever invests £80 million in new UK fragrance facility and capabilities

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

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

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

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

RenewableUK welcomes major funding boost for the Clean Industry Bonus

RenewableUK welcomes major funding boost for the Clean Industry Bonus

Press Release – 9 May 2025 – Commenting on the news that the Government has more than doubled the funding for the Clean Industry Bonus, increasing the budget to £544 million following higher than expected demand from the industry, RenewableUK’s Executive Director for Policy and Engagement Ana Musat said: “This additional funding has the potential to help secure billions in private investment in new factories manufacturing components … Continue reading RenewableUK welcomes major funding boost for the Clean Industry Bonus

UK and Norway accelerate clean energy opportunities

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