Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is reviewing eight venture capital (VC) firms to add to its “fund of funds” programme. This move is part of QIA’s strategy to bolster its $1 billion venture capital fund, which has…

Expatriate remittances to Egypt, a vital source of foreign currency, surged by 52% year-on-year to reach $30 billion in 2024, as reported by the central bank. The substantial increase in remittances was largely driven by Egypt’s economic reforms introduced in March…

Several U.S. federal agencies, including those led by prominent allies of former President Donald Trump, have pushed back against Elon Musk’s attempt to require employees to justify their work achievements or face potential job loss. This resistance hints at a growing…

Alibaba has revealed plans to allocate over $50 billion toward artificial intelligence (AI) and cloud computing over the next three years. This announcement comes just one week after co-founder Jack Ma was spotted meeting with President Xi Jinping. According to the…