The Kuwait Investment Authority (KIA) has joined forces with artificial intelligence (AI) chip giant NVIDIA, private equity firm KKR and US integrated power generation firm Vistra to launch a new AI infrastructure company - Helix Digital Infrastructure - at a total investment of over $10 billion in long-duration capital commitments.
Saudi Arabia has awarded licences to key industry players including Unigaz Arabia and Tazweed as well as a NGC-Zamil consortium for the establishment, development, operation and maintenance of strategic LPG infrastructure including filling and storage facilities across the kingdom.
Global air cargo volumes rebounded in the first week of June as airlines restored capacity following disruptions caused by a convergence of public holidays in Europe (Pentecost), US (Memorial Day) and Eid Al Adha festival affecting notably Middle East & South Asia and Africa origin regions.
Ras Al Khaimah has wrapped up a four-day investment roadshow in China, pitching the northern emirate as a gateway to the Middle East, Africa and Europe (EMEA) region and seeking to attract Chinese companies across key sectors including manufacturing, logistics and technology.
The UAE's Tawazun Council for Defence Enablement is seeking to explore co-operation opportunities and strengthen the integration of the UAE's defence industry into global value chains during its participation at the Eurosatory 2026, a leading defence and security exhibition in Paris.
A high-level delegation of government and business leaders from Ras Al Khaimah have highlighted the emirate’s opportunities for green tech and manufacturing during a high level tour of China’s Guangdong and Fujian Provinces.
The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group’s latest Global Economic Prospects report.
The Abu Dhabi Chamber of Commerce and Industry and the Shanghai Foreign Investment Development Board (Invest Shanghai) have signed a strategic memorandum of understanding (MoU) during the chamber's participation in the Abu Dhabi Investment Forum (ADIF) in Shanghai.
The Abu Dhabi Chamber of Commerce and Industry is leading a private sector delegation from the Emirate of Abu Dhabi to Shanghai, China, aiming to expand the global presence of Abu Dhabi-based businesses and strengthening their connections with China.
The Solar PV & Energy Storage World Expo 2026 (PV Guangzhou) is set to bring together leading global players from the renewable energy sector when it returns to Guangzhou from September 16 to 18, 2026, with a stronger focus on energy storage technologies and integrated clean energy solutions.
