Tuesday, October 20, 2026Jumada I 9, 1448 AH

العربية
جديدًاJadidan

The news, anew

Business

Amazon to Invest Over €16 Billion in Germany Next Year

Asharq Al-Awsat EnglishBy Asharq Al Awsat

Amazon plans to invest more than €16 billion (about $18 billion) in Germany in 2027, the company said on Tuesday, to expand its cloud computing, AI, satellite internet and media businesses. The investment is the e-commerce giant's latest move to grow its European operations as it races to expand cloud infrastructure ⁠across the region ⁠amid surging demand for AI services and growing competition among technology firms. The package, announced at the Invest in Germany Summit in Berlin, adds to more ⁠than €100 billion Amazon says it has invested in the country since 2010.

Read the full article at Asharq Al-Awsat English

More on this topic

Business

Saudi Railways carry 41 million passengers in Q3 2026

Saudi Arabia Railways (SAR) carried more than 40.9 million passengers and transported 3.9 million tons of freight and 46,300 containers in the third quarter of 2026, according to a quarterly report, released by the Transport General Authority (TGA)

Saudi Gazette

Business

Brazil's Newcastle poultry outbreak unlikely to have major long-term impact, analysts say

By Gabriel AraujoSAO PAULO, Oct 20 (Reuters) - An outbreak of Newcastle disease in Brazil is unlikely to cause lasting damage to the country's poultry industry if authorities contain it quickly, analysts said, though uncertainty over trade restrictions, particularly from China, remains a key risk for exporters.Brazil, the world's largest chicken meat exporter, confirmed a case of the disease at a commercial farm in the southern state of Santa Catarina on Monday, prompting containment measures and triggering concerns over poultry trade flows.

Al-Monitor