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Amazon Web Services to Invest Over $15 Billion in Japan

Amazon Web Services (AWS) on Friday announced plans to invest $15.2 billion into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet growing customer demand for cloud services in Japan.

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ADFD accords top priority for Water projects in 18 countries

The Abu Dhabi Fund for Development (ADFD) has earmarked $545 million for water projects among others being executed in 18 countries. The emphasis on water reflects ADFD’s commitment to achieve the UN’s Sustainable Development Goals,

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European shares hit new highs, firm dollar dents oil

European shares chalked up new highs on Friday as shock from unexpectedly strong U.S. inflation data earlier in the week eased, though investors kept a wary eye on rising yields as the dollar hit a

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Sukuk issuance volumes to decline in 2023, says S&P

S&P Global Ratings expects sukuk issuance volumes will continue to decline in 2023, albeit at a slower pace than 2022.

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