15:56
AIIB & Arab Fund

AIIB and the Arab Fund announced strategic partnership

The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding (MoU) to formalize a strategic partnership focused on advancing sustainable infrastructure in shared priority regions.

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11:55
U.S. Africa deals

Record-breaking U.S.-Africa Business Summit yields $2.5 billion in deals

More than $2.5 billion in new deals and commitments between the United States and African partners were announced at the 17th summit, underscoring the U.S. commitment to prioritizing trade over aid by engaging Africans as equal partners in investment-driven growth, the State Department announced.

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03:23
Trump tiktok

Trump says buyer found for TikTok

U.S. President Donald Trump says a group of “very wealthy people” is ready to buy TikTok, but the deal will require China’s sign-off—despite looming deadlines under U.S. law.

11:00
business news

Universal’s new Bedford theme park backed by £500 million

Universal’s new theme park in Bedford, UK has secured a government support package worth around £500 million ($686 million) for rail and road upgrades, as part of a wider package to boost infrastructure ahead of the park’s planned 2031 opening.

09:30
Tesla sales

Tesla’s Europe sales drop nearly 28% in May

Tesla’s new car sales in Europe plunged 27.9% in May, even as the region saw a major rise in demand for electric vehicles, data from the European Automobile Manufacturers Association (ACEA) showed.

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