May 19, 2025

In a significant technological and geopolitical development, the United Arab Emirates has secured a major agreement to access millions of advanced Nvidia AI chips. This deal, confirmed during President Donald Trump’s Middle East visit, includes the construction of the world’s largest AI data center cluster. The agreement represents a shift from the previous U.S. administration’s […]

Fintech companies in the Middle East are rapidly transforming the financial landscape, compelling traditional banks to innovate and adapt. In the first quarter of 2025, fintech ventures accounted for nearly 60% of all venture capital raised in the Middle East and North Africa region. These startups are capturing market share in areas like remittances, credit

Qatar has finalized agreements exceeding $243.5 billion with the United States, encompassing sectors like aviation, energy, and technology. Notably, Qatar Airways has ordered up to 210 Boeing widebody jets, a deal valued at $96 billion, which is expected to create over 1 million jobs. Source: Semafor

The United Arab Emirates has announced a commitment to invest $1.4 trillion in the United States over the next ten years. This substantial investment aims to strengthen economic ties between the two nations and focuses on sectors such as energy, artificial intelligence, and manufacturing.  Source: Economics Times

Saudi Arabia’s ambitious $8.8 trillion NEOM project, part of Crown Prince Mohammad bin Salman’s Vision 2030, is experiencing significant delays and controversies. The futuristic city, intended to diversify the kingdom’s economy, has been plagued by mismanagement, overambitious goals, and reports of human rights abuses, including forced displacement of indigenous communities and labor violations. Critics question