UAE announces plans to invest $46B in Germany during MBZ visit The UAE is Germany’s largest trading partner in the Gulf, with bilateral trade surpassing 13 million euros ($15 billion) last year. United Arab Emirates
Saudi Arabia taps China’s MiniMax for Arabic AI model The development signals that the kingdom continues deepening AI ties with China while simultaneously pursuing major US technology partnerships, keeping the Gulf state at the center of an intensifying technology race between the superpowers. Saudi Arabia
China's Xi to visit Egypt for first time in decade as military, Huawei ties grow The visit comes as Chinese telecoms giant Huawei seeks to supply more than 2,000 advanced AI chips for Egyptian government data centers. Egypt
France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
Interview Why Strait of Hormuz no longer rattles oil markets as much: IMF Jihad Azour Director of the Middle East and Central Asia Department at the International Monetary Fund
Interview Franco-Gulf investment holds firm despite Iran war, French official says Axel Baroux France’s trade and investment commissioner for the UAE and Middle East
Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit Minister Karim Badawi met with executives from companies including Abu Dhabi sovereign wealth fund Mubadala, UAE state energy holding company TAQA, US conglomerate Halliburton and British Petroleum. Egypt
Microsoft to invest $7.9 billion in UAE to scale AI with new Nvidia chips Microsoft plans to spend over $5.5 billion on cloud and AI infrastructure and another $2.4 billion on operational expenses and local hiring in the United Arab Emirates through 2029. United Arab Emirates
Saudi Arabia escalates Arabic AI race with new state-backed chatbot The app is available only in Saudi Arabia, but the company plans to expand across the region and eventually globally. Saudi Arabia
