OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative...
Month : January 2025
BP announces 4,700 job cuts amid cost-saving measures
BP, one of the world’s leading energy companies, announced on Thursday a significant workforce reduction as part of a broader cost-saving initiative. The British oil...
U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold
Bitcoin has surged past the $100,000 mark (now $98K), driven by a renewed appetite for risk assets following softer-than-expected U.S. inflation data according to Arab...
FDA proposes front-labeling system to fight chronic disease nationwide
The U.S. Food and Drug Administration (FDA) has proposed a significant overhaul of food labeling, introducing front-of-package nutrition labels to provide clearer insights into the...
Microsoft spurs quantum stock rally with 2025 ‘quantum-ready’ initiative
Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become "quantum-ready" by 2025. The announcement, paired with broader investor optimism...
European Commission unveils plan to safeguard EU healthcare cybersecurity
The European Commission has unveiled a comprehensive action plan aimed at enhancing cybersecurity within the healthcare sector across the European Union, an initiative designed to...
NATO launches new mission to secure undersea cables in Baltic Sea
NATO has announced the launch of a new mission, Baltic Sentry, aimed at safeguarding undersea cables in the Baltic Sea region. NATO Secretary-General Mark Rutte...
Starbucks reverses open-door policy requiring purchases for facilities access
Starbucks has announced a reversal of its 2018 open-door policy, requiring customers to make a purchase before accessing restrooms, seating, or Wi-Fi. The updated "Coffeehouse...
Stock futures rise ahead of key inflation reports this week
Stock futures edged higher on Tuesday morning as investors prepared for two critical inflation reports this week. Futures tied to the Dow Jones Industrial Average...
UAE President and Kazakh counterpart discuss bilateral relations in Abu Dhabi
President Sheikh Mohamed bin Zayed Al Nahyan met with His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, during the latter's working visit to...