Microsoft to invest $80 billion in AI data centers by June 2025
Microsoft plans to invest $80 billion in AI data centers by June 2025, expanding infrastructure to power AI growth and innovation globally....
Tag : infrastructure
French ski industry faces closures as small resorts struggle with costs
France’s ski industry faces closures of smaller resorts as rising costs, aging infrastructure, and climate change force operators to adapt or shut down. Larger resorts...
Borouge opens offices in Kenya, South Korea
Borouge, a global leader in petrochemical solutions, extends its presence with new offices in Kenya and South Korea....
Egypt and UAE forge $150 billion investment partnership
Egypt and UAE forge $185 billion investment partnership, marking a significant stride in economic collaboration between the two nations....
UAE president Sheikh Mohamed hosts FIFA president
UAE President Sheikh Mohamed bin Zayed Al Nahyan and FIFA President Gianni Infantino discussed global sports collaboration....
KKR to absorb Telecom Italia’s debt in €18.8 billion acquisition
In a seismic shift for Italy’s communications landscape, Telecom Italia’s board has given the green light to an €18.8 billion ($20.2 billion) acquisition by KKR,...
President Lula’s $347.5 billion growth plan for Brazil emphasizes ecological transition
Brazil’s “growth acceleration” plan, known as PAC, has been reintroduced, with a projected 1.7 trillion reais ($347.5 billion) in investments. This new initiative is set...
President of Brazil embarks on official visit to the UAE
Luiz Inacio Lula da Silva, the President of Brazil, arrived in the UAE today for an official visit, accompanied by his wife and First Lady...