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Top Gulf Business News

BlackRock and Nvidia in $40bn data centre takeover to power AI growth — REUTERS / pwu404

US Economy · United States

BlackRock and Nvidia in $40bn data centre takeover to power AI growth

46% Center coverage: 43 sources

An investment consortium that includes BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers in a deal worth $40 billion, the companies said on Wednesday. The investment consortium, dubbed the Artificial Intelligence Infrastructure Partnership (AIP), has an initial target of deploying $30 billion of equity capital, with the potential of reaching $100 billion, including debt.See the Story

Gold prices topped $4,300 this week. What's driving the surge?

Business · New York

Gold prices topped $4,300 this week. What's driving the surge?

50% Center coverage: 40 sources

As economic uncertainty deepens, the rush for gold continues — with prices for the precious metal topping $4,300 for the first time this week.See the Story

Egypt raises fuel prices for the second time this year — REUTERS / ixx511

Egypt Economy · Egypt

Egypt raises fuel prices for the second time this year

50% Left coverage: 12 sources

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