Topic: economic development
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Dubai Launches Next-Gen Digital Platform for Business & Government
Dubai has launched an AI-powered 360 Services feature on its Invest in Dubai platform, integrating essential government services into a single interface to streamline the business setup process. The platform has significantly improved efficiency, reducing license processing times from 14 days to ...
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Louisiana Lures Meta With Tax Breaks for Massive Data Center
Louisiana officials fast-tracked approval for Entergy to build natural gas turbines to power a new Meta data center, a decision criticized for its rushed process and lack of public oversight. Critics argue the project places a significant financial burden on utility customers, who will pay for ne...
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Kuwait Unveils AI & Digital Transformation Strategy
Kuwait is prioritizing artificial intelligence and digital transformation as key elements of its national strategy, focusing on upgrading digital infrastructure and enhancing government efficiency. The nation is developing policies and regulatory frameworks to ensure ethical AI use, strong cybers...
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Seagate Drives Data Storage Innovation to Boost Northern Ireland Economy
Seagate is investing £115 million in Northern Ireland to advance next-generation hard drive development, driven by AI and data center demand. The investment will focus on R&D for high-capacity drives like 60TB models, supported by public-private funding and aimed at job creation. This initiative ...
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Kioxia and Sandisk Launch AI-Driven Fab2 Plant in Japan
Kioxia and Western Digital's SanDisk have launched their new Fab2 semiconductor plant in Japan, which will produce advanced 218-layer 3D flash memory and future nodes to meet AI-driven storage demands. The facility incorporates innovative CBA technology for improved performance, features earthqua...
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Bahrain Triples Internet Upload Speeds After New Regulations
Bahrain's internet users have experienced significantly improved upload and download speeds due to a new regulatory framework that raised minimum fibre optic service standards. The initiative aims to strengthen the country's digital infrastructure to support a modern, data-driven economy and enha...
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Global Alarm Sounded Over Lack of AI Regulation
Over 200 prominent figures are demanding binding global regulations for AI by 2026 to establish "red lines" that prohibit high-risk actions like self-replication and seamless human impersonation. The initiative, backed by leading AI organizations and experts, argues that fragmented regional effor...
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Hong Kong's 2026 Innovation Fund: A New Era for Startups
Hong Kong will launch an Innovation & Technology Industry-oriented Fund in 2026 to boost its startup ecosystem and strengthen its position as a global innovation hub. The government is expanding existing programs, including scaling up the Innovation & Technology Venture Fund and introducing a Pil...
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