Xi seeks stronger China–Spain ties as Madrid pushes for investment and trade growth

Chinese President Xi Jinping has called for deepening ties with Spain, emphasizing trade, technology, and investment cooperation during a meeting with King Felipe VI in Beijing. The talks, held on the sidelines of the China–Europe Business Forum, reflect Beijing’s renewed effort to strengthen economic links with Europe amid slowing global growth and increasing geopolitical competition. […]

“UAE pioneers $6 billion desert battery complex to deliver 1GW uninterrupted power by 2027”

The United Arab Emirates (UAE) recently announced a groundbreaking $6 billion renewable energy project in Abu Dhabi. This ambitious plan will combine solar photovoltaic (PV) and battery storage to deliver 1 gigawatt (GW) of uninterrupted power by 2027. Masdar, the UAE’s state-owned renewable energy company, is leading the project with Emirates Water and Electricity Company […]

Pakistan poised for $20 billion World Bank loan

On January 14, 2025, the World Bank board will approve a groundbreaking $20 billion loan for Pakistan. This marks the first-ever mega 10-year partnership framework, ensuring long-term stability in Pakistan’s development projects. The new loan package called the “Pakistan Country Partnership Framework 2025-35,” focuses on six key areas. These areas have broad political support, ensuring […]