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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 involves the construction of two wind farms, each with a capacity of 550 megawatts, combining

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 giant revealed that approximately 4,700 jobs will be cut this year, along with a reduction

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 Crypto Insight. The milestone marks a significant rebound in the cryptocurrency market, reflecting broader optimism

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 fueled by easing inflation data, led to significant gains for several key players in the

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 protect hospitals and healthcare providers from escalating cyber threats. This measure seeks to strengthen the

Cision, a global leader in consumer and media intelligence solutions, has announced the appointment of Guy Abramo as its new Chief Executive Officer, effective immediately. Abramo brings over 25 years of executive leadership experience, having successfully driven growth and transformation

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 detailed the initiative during a briefing on Tuesday, emphasizing the critical role these cables play

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 Code of Conduct,” which takes effect on January 27, 2025, applies to all U.S. company-owned

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 rose by 69 points, or 0.2%, while S&P 500 and Nasdaq 100 futures also advanced

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 the UAE. The leaders deliberated on strengthening bilateral relations and advancing cooperation across various sectors