Saudi Arabia's Non-Oil Revenue Surge to 50% of GDP According to a recent report from the Saudi Ministry of Economy and Planning, non-oil revenues in the Kingdom hit a record high, accounting for approximately half of the country's GDP. This rapid increase was driven by the...

Saudi Arabia Pledges $40 Billion Investment in AI Sector Saudi Arabia's Public Investment Fund (PIF) is planning to create a fund of approximately $40 billion to invest in artificial intelligence (AI), According to the New York Times. The fund will seek to leverage the country's technological...

Elon Musk Reclaims Title of Richest Person in America Tesla founder, Elon Musk is the wealthiest person in America again, after surpassing Amazon’s Jeff Bezos, who had briefly held the top spot in recent weeks. Musk’s fortune increased by approximately $5.5 billion on Monday, propelling him...

Elon Musk Reclaims Title of Richest Person in America Tesla founder, Elon Musk is the wealthiest person in America again, after surpassing Amazon’s Jeff Bezos, who had briefly held the top spot in recent weeks. Musk’s fortune increased by approximately $5.5 billion on Monday, propelling him...

Russia-Ukraine War: Wheat Import to Africa Hits $20b As the war between Ukraine and Russia lingers, the cost of Africa’s dependency on wheat importation from Europe has risen to $20 billion. The increased dependency of Africa on the European market, including Nigeria that sources about 90...

Dangote's Business Deft Led to Honourary Recognition in Senegal – Speaker Abbas The speaker of the House of Representatives, Abbas Tajudeen said the honourary conferment of President of Dangote Group, Aliko Dangote, in Senegal is a testament of business skills in Nigeria and across the...