Oracle stock rises on TikTok deal
Oracle’s stock is on track for its best year since 1989 thanks to its massive AI-driven push into cloud infrastructure.
Oracle’s stock is on track for its best year since 1989 thanks to its massive AI-driven push into cloud infrastructure.
The partnership will allow the ChatGPT-maker to use Nvidia’s chips to power its AI capabilities.
Argentine investors cheered the announcement, which came after the peso and stocks had tumbled in recent weeks.
The UAE has emerged as a massive outward investor, a McKinsey report found.
The country’s foreign minister said Nigeria is placing a renewed focus on intra-African trade to drive economic growth amid US tariff turmoil.
The Kenyan airline is looking for additional partners in West and southern Africa after a deal with South African Airways fell through earlier this month.
The company projects that it will reach 10 million customers by 2030.
Europe and the Middle East and North Africa regions jointly contributed over 65% of announced inbound FDI into sub-Saharan Africa since 2022.
The DC area purchase adds to at least 21 properties owned by the UAE government or citizens, worth about $200 million across the capital region.