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Tag: Australia

3 Arab SWFs Accelerate AI Investments

3 Arab SWFs Accelerate AI Investments By Hagar Omran Three of MENA’s biggest sovereign wealth funds have gained momentum in AI investments over the last year. Here’s a closer look. AUM is according to SWFI as of February 2025. Public Investment Fund (PIF) AUM: $925 billion PIF partnered with Google Cloud in October 2024 to create a global AI hub in Saudi Arabia, projected to boost GDP by $71 billion over...

Top Commercial Threats Facing Sales Leaders in 2025

Top Commercial Threats Facing Sales Leaders in 2025 As the global marketplace evolves at an unprecedented pace, Gartner, Inc. has identified the top seven commercial threats facing chief sales officers (CSOs) in 2025. The numerous challenges facing CSOs could significantly impact their strategic priorities and commercial success over the next 12 to 18 months.“There is increasing pressure on leaders to enhance performance amidst macroeconomic fluctuations,”...
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New Fund for Pandemic Prevention, Preparedness and Response Formally Established

New Fund for Pandemic Prevention, Preparedness and Response Formally Established The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...

Unemployment rate in the OECD area falls further to 5.5% in November 2021

Unemployment rate in the OECD area falls further to 5.5% in November 2021 The monthly unemployment rate in the OECD area fell to 5.5% in November 2021,...

Global Education Summit raises US$4 billion for the Global Partnership for Education

Global Education Summit raises US$4 billion for the Global Partnership for Education The Global Education Summit, co-hosted by UK Prime Minister Boris Johnson and Kenyan...

Australia leads APAC region in terms of prospects for accelerating infrastructure investment

Australia leads APAC region in terms of prospects for accelerating infrastructure investment Infrastructure investment in Asia Pacific (APAC) had been substantial prior to the outbreak...

Deal activity in Asia-Pacific declined by 27.8% in May 2021

Deal activity in Asia-Pacific declined by 27.8% in May 2021 A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...

Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility

Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility The intrinsic uncertainty surrounding the duration of beleaguered global oil and gas...

69% of Routine Work Currently Done by Managers will Be Automated by 2024

69% of Routine Work Currently Done by Managers will Be Automated by 2024 Artificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots are rapidly...