In Paris, JD Vance skewers EU AI rules, lauds US tech supremacy
At the AI Action Summit in Paris this week, the U.S. declined to sign the statement summarizing the resolutions. But…
August 2025
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Ghanaian fintech Affinity bags $8M to scale digital banking in a mobile money-driven market
Africa’s top digital banking platforms typically come from high-growth, populous markets like Nigeria, South Africa, and Egypt. But Affinity Africa,…
Mohammed bin Rashid meets with Arab finance ministers participating in Arab Fiscal Forum – UAE – World Government Summit
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, met today with several…
AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom
Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes…
Children’s Furniture Specialist Almila Opens First UAE Store at Reem Mall – Lifestyle
Almila, the renowned Turkish furniture brand specializing in baby, children, and teenage furniture, announced the grand opening of its first…
EU looks to the private sector to help fund ‘AI Gigafactories’, eyeing the frontier AI race
The European Union is courting the private sector as it looks to step up compute capacity for training large AI…
Gold Nears Record High as Trump’s Tariff Threats Boost Safe-Haven Demand – Business – Gold and Currency
Gold firmed on Monday and hovered near a record high hit in the previous session, as investors sought refuge in…
QED leads $11M investment in Nigerian fintech Raenest
As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But…
Hamdan bin Mohammed attends 4th Arab Meeting for Young Leaders – UAE – World Government Summit
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence…
A comprehensive list of 2024 and 2025 tech layoffs
The tech layoff wave continued through 2024. Following significant workforce reductions in 2022 and 2023, 2024 saw more than 150,000…