Russia launches two Iranian satellites into orbit as ties grow The launch from Russia is the latest sign of the growing ties between Tehran and Moscow in a range of sectors. Iran
Saudi's PIF downsizes foreign investment, turns to AI, domestic priorities Saudi Arabia's sovereign wealth fund is looking to invest in tourism, real estate and sustainability as its Vision 2030 deadline draws closer. Saudi Arabia
Analysis How new US AI framework could impact UAE, Saudi ambitions The framework comes as the UAE has deepened its AI ties with the United States in recent months over a series of visits to Washington by senior Emirati officials. By Jack Dutton , Samuel Wendel
Binance CEO takes heat at Abu Dhabi event after FTX fall Changpeng Zhao maintained that crypto is the future, despite cryptocurrency exchange FTX filing for bankruptcy last week. Gulf
Israel’s OurCrowd invests in a $60 million AI hub in Abu Dhabi The Israeli investment platform will build on the UAE's efforts to become a world leader in artificial intelligence and attract more futuristic technology companies to the country. Gulf
Abu Dhabi Global Market adopts blockchain for courts The move comes amid other financial changes in the Gulf state. Blockchain technology is also used for cryptocurrency. Gulf
UAE’s Masdar thinks Africa poised to be hydrogen hub The African continent has a lot of potential to produce hydrogen as an energy source, but there are also many challenges, according to some observers. Gulf
Kurdcoin founder says lack of regulation crypto's big challenge in Iraq Al-Monitor interviewed Abdurrahman Bapir, who heads Iraq’s first cryptocurrency exchange, on the appeal of cryptocurrency in Iraq and the Kurdistan Region and how the crypto crash has affected the domestic market. Iraq
Germany’s Deutsche Bahn announces Egyptian high-speed rail deal at COP27 Egypt’s railway system is notorious for safety issues and German's expertise promises to help. Egypt
A reality check looms for Middle East's tech startups Samuel Wendel In Washington, DC, reporting on regional business and tech
Bahrain’s CoinMENA to facilitate real estate payments via cryptocurrency The agreement with Carlton Real Estate only applies to certain coins. Cryptocurrency’s utility is increasing in the Gulf. Gulf
Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital and spur startup growth. Iraq
UAE, Egypt announce new wind farm during COP27 Wind power is growing in Egypt, which is relatively poor in oil and gas. Egypt
Egypt, Russia commence second phase of nuclear power plant construction Egypt is preparing to build the second unit of the Dabaa nuclear power plant about five months after establishing the first unit. Egypt
Saudi crown prince launches electric car company Crown Prince Mohammed bin Salman wants the oil-rich kingdom to focus more on green technology as he seeks to diversify the economy. Gulf