Gila Gamliel. Photo: Wikimedia Commons. Israel is investing NIS 100 million, roughly $33 million, to establish a national quantum computing research and development infrastructure aimed at giving Israeli companies and universities access to multiple advanced quantum technologies. The Israel Innovation Authority announced Monday that it had opened a call for proposals to build and operate…
They observed that despite representing nearly 1.8 billion people and possessing enormous economic potential, intra-regional trade among BIMSTEC member states remains far below its capacity due to regulatory fragmentation, incomplete trade agreements and inadequate connectivity. They stressed that Bangladesh, as the current chair of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation…
118 When the U.S.-mediated Abraham Accords were signed in 2020, they represented more than just a handshake between Israel and a few Arab nations. The hope was that trade, security, and technology collaborations could thrive independently, without waiting for the Israeli-Palestinian conflict to be resolved first. The belief was that shared interests might achieve what…
U.S. continues its strikes on Iran over the weekend and into Monday. Iranian retaliatory attacks. U.S. confirms deaths of three service members. Iran suspends MOU commitments. Iran, U.S. signal openness to diplomacy amid ongoing strikes. Iranian energy ministry announces repairs to Jask water facility complete. Iranian Foreign Minister Abbas Araghchi says Iran expected war and…
Andy Burnham formally became Britain’s new prime minister on Monday, replacing Keir Starmer after a Labour Party revolt and entering Downing Street with promises of sweeping economic change and a tougher approach toward Israel. The 56-year-old former mayor of Greater Manchester, widely known as the “King of the North,” received his appointment from King Charles…
Israel has warned it could retaliate against Iran with “full force” if Tehran’s missiles strike within its borders, threatening a return to an all-out regional war as the ceasefire brokered by Donald Trump collapses with a new round of missile strikes across the Middle East. On Sunday, Iran launched salvoes of ballistic missiles at US-allied…
Oil jumped after the US and Iran escalated hostilities over the weekend, including an attack on a vital oil facility in Kuwait and the targeting of ships attempting to transit through the Strait of Hormuz. Brent rose above US$90 a barrel after surging almost 16 per cent last week, while West Texas Intermediate traded near…
The Knesset plenum passed the “What is good for the US – is good for Israel” bill in its second and third readings last week. The legislation, initiated by Economy and Industry Minister MK Nir Barkat, marks the completion of one of the most comprehensive import reforms spearheaded by the ministry in recent years. For…
Here are the key updates UAE residents need to know: UAE calls for immediate de-escalation The UAE has expressed deep concern over the latest regional developments and called for an immediate halt to the escalation. The Ministry of Foreign Affairs urged all parties to exercise maximum restraint, warning that continued military action could push the…
Africa’s next wave of infrastructure investment will be led by energy, transport, and logistics, as governments and private investors shift focus to sectors capable of unlocking industrialisation, boosting intra-African trade, and supporting manufacturing, according to Bowale Odumade, founder and chief executive officer of SeedTree Capital. In an exclusive interview with BusinessDay, Odumade said reliable electricity…
