Deloitte Middle East and Amazon Web Services expanded their business partnership to provide one billion dollars in services through 2030. The companies plan to speed up digital changes across Middle Eastern businesses. Both firms will invest money to grow their regional work and help local companies use cloud technology. The agreement builds on their global partnership and shows commitment to helping regional businesses adopt new technologies like artificial intelligence and data analysis.
Leaders from both companies met at Deloitte offices in Dubai to start the expanded partnership. Rashid Bashir leads technology and transformation at Deloitte Middle East. Tanuja Randery manages Europe, Middle East and Africa operations for Amazon Web...
Africa Finance Corporation published its infrastructure report for 2025. The study focuses on digital technology as a driver of economic change across the continent. African nations show stronger commitment to digital development as a foundation for growth. The report examines how technology infrastructure can transform economies. Digital systems serve as building blocks for future prosperity.
Investment flows into key digital projects continue rising throughout Africa. Companies build underwater cables that connect countries to global networks. Firms construct fiber optic systems that carry internet traffic across vast distances. Organizations establish data centers that store and process information locally. These projects help...
MTN South Africa earned Cisco Gold Partner status from the technology company. Cisco awards this top certification level only to select partners. The telecommunications firm demonstrated strong technical skills and customer service abilities. MTN proved it can handle complex engineering projects and support services. This achievement represents the highest recognition available from Cisco.
The Gold Partner designation requires companies to meet strict standards across multiple areas. Partners must show expertise in engineering and customer satisfaction. They also need proven track records for lifecycle services and operational maturity. Few companies qualify for this demanding certification program. MTN met all requirements after years...
Aria Ventures started a new program to help technology companies grow. The venture studio will spend 50 million Egyptian pounds on deep-tech businesses. Company leaders want to help researchers turn their ideas into real products. The firm plans to expand this spending to 200 million pounds across four years. This money will support startups that work on advanced science projects.
The company focuses on many different technology areas. Scientists working on artificial intelligence can apply for funding. Researchers developing medical devices also qualify for support. Agricultural technology creators and robotics experts may receive money through this program. Nanotechnology and biotechnology projects will compete for these investment...
Two South African organizations have joined forces to boost the country's digital skills. MICT SETA and TIA signed a partnership deal that will last several years. The groups want to help South Africa compete better in the digital world. They plan to create programs that teach people about new technology. The partnership focuses on Fourth Industrial Revolution skills that workers need today.
The organizations will build new training programs for digital jobs. These courses will help South Africans learn skills for the modern economy. The partnership will also expand access to technology centers across the nation. Digital hubs and research facilities will receive support from both groups. More people will have chances to use advanced...
Special Purpose Acquisition Companies are returning through cryptocurrency investments after gaining popularity during the pandemic. These investment vehicles raise money from public offerings and find companies to merge with later. Two recent examples show how investors react when SPACs choose crypto-focused businesses as merger targets.
ProCap BTC signed a deal with Columbus Circle Capital I Corp on June 23 to become a public company through a reverse merger. The Bitcoin financial services company plans to hold around $1 billion worth of Bitcoin on its balance sheet using funds from the SPAC. ProCap already purchased 3,724 Bitcoin for $386.495 million at an average price of $103,785 per coin.
Investors sold Columbus Circle Capital...
Writer Rob Yescombe bought the rights to The Invisible Hours video game at an auction. The game studio Tequila Works closed down and sold all their games. Yescombe wrote movies like Outside the Wire and created the original VR game. He wants to update the game for newer VR headsets. He also plans to make a movie or TV show based on the story.
Yescombe said making The Invisible Hours was his best creative work ever. Fans still contact him about the game years later. VR technology has millions more users today than when the game first came out in 2017 and 2018. He believes more people can enjoy the game with updated graphics and features. The writer thinks the timing is right for a comeback.
The creator needs partners to help bring back...
NVIDIA stock reached a record high of $153.19 during Wednesday trading. CEO Jensen Huang began selling shares under a new plan that allows him to sell more than $800 million worth of company stock before the year ends. The semiconductor company faced major losses earlier when investors worried about demand for its AI chips after the DeepSeek selloff cost the firm nearly $600 billion in value during January. Huang sold $7.2 million in shares on the 20th and another $7.1 million on the 23rd of this month. The stock jumped 3.8 percent on Wednesday and has gained 10.9 percent for the year.
The company recovered from a 31.8 percent decline that hit bottom in early April after Liberation Day tariff announcements. AI demand and humanoid robot...
Athletic Bilbao fights to keep star player Nico Williams as Barcelona seeks his signature. Spanish radio network Ser reports the Basque club wants to block the Catalan team from using the release clause. Bilbao officials say Barcelona has not returned to financial compliance rules. The club plans to ask Spanish soccer authorities for help. They want complete oversight of Barcelona's money dealings.
Bilbao questions whether Barcelona can afford the transfer under fair play rules. The Basque team uses every legal option to stop Williams from moving to Camp Nou. Williams signed a contract with a 58 million euro buyout clause. The final cost could reach 62 million euros because of inflation adjustments. Barcelona must prove it can pay...
