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Top Gulf Business News

Amazon closes at record after $38 billion OpenAI deal with AWS — REUTERS / pwu404

OpenAI · United States

Amazon closes at record after $38 billion OpenAI deal with AWS

60% Center coverage: 154 sources

OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and the latest sign that the $500 billion artificial intelligence startup is no longer reliant on Microsoft See the Story

Qatar Airways to sell its holdings in Hong Kong’s Cathay Pacific for $896 million — Qatar Airways Boeing 787-9 Dreamliner in mid-air, captured during daytime. by Pham Huynh Tuan Vy/Pexels / Pexels

Hong Kong Economy · Hong Kong

Qatar Airways to sell its holdings in Hong Kong’s Cathay Pacific for $896 million

42% Left coverage: 24 sources

Qatari Diar's $29.7B Egyptian Coastal Investment: Transforming Alam Al-Roum into a Tourism Haven

Middle East · Egypt

Qatari Diar's $29.7B Egyptian Coastal Investment: Transforming Alam Al-Roum into a Tourism Haven

50% Right coverage: 6 sources

Qatari Diar's $29.7B Egyptian Coastal Investment: Transforming Alam Al-Roum into a Tourism Haven Qatari Diar, the real estate branch of Doha's sovereign wealth fund, is set to invest a massive $29.7 billion in a lavish development project on Egypt's Mediterranean shore. The extravagant plan features golf courses, marinas, and aims to transform Alam Al-Roum into a premier year-round destination.The venture marks the largest Qatari investment in E…See the Story

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