World Bank launches a new Riyadh hub serving MENAAP, marking 50 years of Saudi cooperation and boosting regional development, knowledge, and policy innovation
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football
Roshn Saudi League secures media deals to broadcast in over 180 territories
Roshn Saudi League inks global broadcast deals with ESPN, Fox, DAZN and YouTube, expanding coverage to more than 180 territories for the 2025-26 season
Nvidia to invest up to $100bn in OpenAI as two AI superpowers collaborate
Will partner to deploy at least 10GW of Nvidia systems for OpenAI’s next-generation AI infrastructure to train and run its models
Palestine
UK, Canada and Australia formally recognise Palestine, backing two-state solution
The UK, Canada and Australia have formally recognised Palestine, joining 150 nations in backing a two-state solution
Aviation
Flight chaos in Europe as cyber disruption hits major airports
Cyber-related disruption hit Brussels, Berlin and Heathrow airports, forcing flight cancellations and long delays as Collins Aerospace works to fix its check-in systems
Intel
Intel shares surge to 52-week high as Nvidia decides to invest $5bn in it
Nvidia investing in Intel’s common stock at a purchase price of $23.28 per share; CEO Huang calls it an “incredible investment”
Electricity
MENA electricity demand set to rise 50% by 2035, IEA warns
Electricity use in MENA is surging, with $44bn invested in 2024 and demand set to rise 50 per cent by 2035, IEA says, led by cooling and desalination
king charles
Trump in UK: King Charles lauds ‘special relationship’ at Windsor banquet, Starmer trade talks next
Royal pomp and splendour marked Donald Trump’s banquet with King Charles, but the visit now shifts from ceremony to politics as the US president set to meet Prime Minister for trade talks
US Federal Reserve
Poor job market and inflation push Fed to cut interest rate for first time in 2025
With only the new Fed Governor Stephen Miran dissenting, Fed almost unanimous in reducing short-term rate by a quarter per cent
Altera
Abu Dhabi’s MGX and Silver Lake acquire majority stake in Altera
Intel to retain 49% stake in the company, which is into programmable semiconductor solutions
Bernard Arnault
10 business secrets of the world’s richest billionaires every executive must know in 2025
Discover the business secrets of Elon Musk, Jeff Bezos, Bernard Arnault, Mark Zuckerberg, Warren Buffett, and other billionaires whose combined wealth tops $2.2tn — lessons every executive can use in 2025
Capital.com
UAE drives Capital.com to record $1.5tn global trading volumes in H1 2025
The UAE accounted for more than 70% of MENA trading activity as Capital.com reported record half-year volumes, underscoring the region’s rise as a global hub for online trading
AI
AI in 2025: Retail leads in success, healthcare struggles, banking takes cautious path
Lenovo’s CIO Playbook 2025 reveals retail leading in AI success, healthcare struggling with results, and banking sectors benefiting from a cautious approach
cepa
UAE–New Zealand deal to lift trade to $5bn by 2032
UAE–New Zealand trade deal takes effect, unlocking duty-free access and boosting bilateral trade to over $5bn by 2032
ADNOC
ADNOC signs 15-year LNG supply deal with IndianOil worth 1 million tonnes annually
By 2029, IndianOil is set to become ADNOC’s LNG customer with a total offtake of 2.2 mtpa
football
EXCLUSIVE: Will Fortnite kill football? Ex-Liverpool CEO talks gaming, sports and Saudi Arabia
In an exclusive interview with Arabian Business, the former Liverpool FC CEO and gaming veteran talks gaming, the legacy he left behind and more
Artificial intelligence
OpenAI to make ChatGPT changes following lawsuit over teenager’s death
“We’re continuing to improve how our models recognise and respond to signs of mental and emotional distress and connect people with care,” the company said