Mapping Africa’s energy wealth and 560 million who remain without power
Africa is rich in energy, yet hundreds of millions Africans still live without electricity, most of the world's total.
Business
UAE approves $80bn federal budget plan for 2027–2029
UAE approves $80bn federal budget plan for 2027–2029
Business
Saudi Arabia faces economic contraction as war woes mount
Saudi Arabia, the world's top oil exporter, faces a major economic contraction this year, the IMF said Tuesday, as deadly attacks by Yemen's Houthis squeeze a country already suffering from the Middle East war. Saudi Arabia's GDP is expected to shrink by 3.3 percent, the International Monetary Fund said in its latest World Economic Outlook report, predicting a regional drop over Iran's blockading of the Strait of Hormuz.
Business
Germany shifts toward tougher EU trade defenses as pressure from Chinese competition grows
Germany long resisted tougher action against China because of retaliation fears. But rising pressure on key industries has pushed Berlin and Paris to seek stronger EU trade-defense powers to protect its industrial base.