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Tahawul Tech9 hours ago

"@amazon's $20 billion investment in data centres in Australia will set us up for the future, boosting our economy and productivity".
Learn more about these plans below.
https://www.tahawultech.com/enterprise/amazon-to-invest-billions-in-australian-data-centre-ecosystem/
#Amazon #Australia #tahawultech

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India makes its presence felt on global stage with G7 invitation
India makes its presence felt on global stage with G7 invitation

Khaleej Times

time4 hours ago

  • Khaleej Times

India makes its presence felt on global stage with G7 invitation

Prime Minister Narendra Modi's presence at the 2025 G7 Summit in Canada marks a pivotal moment in the global power narrative. It is not just a high-level visit — it is a statement of how the world now views India: as an essential voice in shaping global outcomes. The G7 — comprising Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States — has long been regarded as the forum of the world's most advanced economies. But the inclusion of India at the table underscores a profound shift. In today's complex and multipolar world, no global challenge can be effectively addressed without India's participation. India is no longer on the sidelines of global decision-making. It is at the center. The country is currently the world's fourth-largest economy and is set to become the third-largest before the end of the decade. It is also the most populous nation and one of the fastest-growing major economies — a rare combination of scale, speed, and stability. India's leadership in digital public infrastructure, green energy transitions, and resilient supply chains is increasingly being seen as a model for the Global South. As the world seeks reliable partners beyond traditional hubs, India's role has expanded from regional anchor to global collaborator. What sets India apart is its ability to build bridges across divides — East and West, North and South. It is one of the few countries that maintains productive ties across a broad geopolitical spectrum, offering a rare platform for inclusive dialogue in times of deepening global divides. During its G20 presidency in 2023, India showcased its unique ability to convene, mediate, and push forward consensus on global priorities. That success laid the groundwork for its current stature — not just as a participant, but as a co-author of the global agenda. Prime Minister Modi's participation in the G7 Summit in Kananaskis, Alberta, reflects the international recognition of this reality. His presence is not symbolic — it is strategic. It signals that India's insights, partnerships, and leadership are vital to addressing the pressing challenges of our time: economic resilience, climate action, digital governance, and global security. The invitation extended by Mark Carney, Canada's Prime Minister and G7 host, also marks a much-needed reset in India-Canada ties — one grounded in mutual strategic interest. In a world searching for stability and foresight, India offers both. The G7's embrace of India reflects a deeper understanding: the future of global leadership will be broad-based, inclusive, and anchored in cooperation across continents. And India will be central to that future.

Dubai office sales hit $762m in Q1 as off-plan transactions surge 741%
Dubai office sales hit $762m in Q1 as off-plan transactions surge 741%

Arabian Business

time4 hours ago

  • Arabian Business

Dubai office sales hit $762m in Q1 as off-plan transactions surge 741%

Dubai's office real estate market hit record highs in Q1 2025, with investors spending AED2.8bn ($762m) across 933 transactions, according to the latest market intelligence from Cavendish Maxwell. The performance marks an 83 per cent year-on-year increase in sales value and a 24 per cent rise in transaction volume, cementing the city's position as one of the world's most dynamic business destinations. While ready office units continue to dominate the sales market, off-plan transaction values rose nearly eight-fold, up 741 per cent to AED800m ($218m), compared to AED100m ($27m) in the same quarter last year. Dubai office market Off-plan transactions accounted for 18 per cent of total sales, up from just 8 per cent in Q1 2024. Vidhi Shah, Director, Head of Commercial Valuation at Cavendish Maxwell, said: 'These record-breaking figures speak for themselves. Dubai continues to enhance its position as a global business hub and a magnet for businesses large and small. £The momentum is real: Q1 2025 saw nearly 40 per cent more foreign company registrations – including multinationals and SMEs – compared to the same time last year, reflecting ever-growing investor confidence and creating unprecedented demand for office space. 'The surge in off-plan deals can be attributed to buyer trust in upcoming developments, competitive launch prices, flexible payment plans and expectations of long-term capital appreciation. With limited existing supply and rising rental costs, a growing number of tenants are opting to buy as a strategic, long-term cost-saving measure. 'Ready offices still account for the majority of sales, but it is clear that off-plan properties are very much in demand, and we expect this trend to continue throughout 2025 and beyond.' Office sales prices increased by 24.5 per cent year-on-year and by 6.5 per cent quarter-on-quarter, with the average price reaching AED1,650 ($449) per square foot by March 2025. Rental rates followed a similar trend, rising 24 per cent annually and 6.7 per cent compared to Q4 2024, with average office rents climbing to AED160 ($43.5) per square foot. Downtown Dubai led the market in annual growth with prices rising by almost 40 per cent, followed closely by DIFC (39 per cent) and Barsha Heights (38 per cent). Limited availability of Grade A space has pushed prices higher across lower-tier office stock, with demand spilling over into B and C grade inventory. Business Bay topped the chart for transaction volume in Q1 2025, recording 316 deals, followed by Jumeirah Lakes Towers (222), Motor City (130), Barsha Heights (88), and Dubai Silicon Oasis (41). In terms of size, offices between 1,000 and 2,000sq ft were the most in demand, accounting for 48 per cent of all sales. Smaller units under 1,000sq ft made up 40 per cent, while only 2 per cent of transactions involved spaces larger than 5,000sq ft. Dubai's total office inventory reached 9.3 million square metres of gross leasable area (GLA) as of Q1 2025. An additional 215,000 sq m is expected to enter the market before the end of the year, with another 181,000 sq m scheduled for delivery in 2026. Much of the upcoming stock is located in core business districts and classified as Grade A, potentially easing supply constraints over the next two years. Vidhi Shah added: 'Much of the new supply is concentrated in core business districts, with a significant proportion in the A-grade category. 'With a strong development pipeline over the next three years, we expect the current supply-demand imbalance to narrow, bringing some relief to tenants and easing upward pressure on prices.'

Global agrifood systems need urgent funding to support sustainable transformation and build climate resilience
Global agrifood systems need urgent funding to support sustainable transformation and build climate resilience

Zawya

time7 hours ago

  • Zawya

Global agrifood systems need urgent funding to support sustainable transformation and build climate resilience

Middle East – Global agrifood systems require annual investments of $1.1 trillion over the next five years to transition to sustainable, resilient food production models that secure employment and align with the goals of the Paris Agreement. However, current annual investment is severely lacking, reaching only 5% of the required amount. Unlocking greater capital flows will thus require innovative financing mechanisms. Currently, most private investments in food systems are concentrated in Europe and North America. Those most in need of investment – Asia Pacific, Africa and Latin America – remain significantly underfunded. A new joint report by Bain & Company and the World Economic Forum highlights innovative financing models that could lower investment barriers and bring in a broad range of financial actors to help meet the funding gap. 'Food systems transformation is not just a climate imperative — it is a commercial opportunity. Financiers with exposure to the food sector have a vested interest to improve credit risk profiles of their customers. Investing in food systems also allows financiers to adhere to increasingly stringent portfolio sustainability regulations and to deliver on critical stakeholder commitments,' said Iwona Steclik, a partner at Bain & Company's Financial Services practice in EMEA. Common barriers to funding the food system transformation include uncertainty around the financial returns, fragmented nature of food production creating operational challenges, inconsistent impact reporting and limited coordination across the value chain. Hence, innovative mechanisms are needed to scale up finance for climate resilience in agriculture. Given the diversity of food systems and varying starting points of financial institutions, there is no one-size-fits-all solution. The report focuses on financing the transformation—primarily through lending—while acknowledging the importance of other instruments like insurance. The proposed financial models fall into three categories: direct farmer financing, lending via corporates, and multi-stakeholder platforms—each designed to lower investment barriers. Together, these models capture the breadth of innovation across markets, commodities, and de-risking strategies—highlighting the diverse pathways to transform food system finance. Initiatives such as Aceli Africa, Project Acorn, McCain's regenerative agriculture program, and the Innovative Finance for the Amazon, Cerrado and Chaco (IFACC) platform demonstrate how commercial, philanthropic, and government capital can be aligned for scalable impact, according to the report. 'A defining feature of all these models is the need for coordinated action across the entire value chain, including farmers, agrifood companies, retailers, financial institutions, data providers and governments. Each of these models employs de-risking strategies that span from traditional financing tools like guarantees to innovative approaches such as monetizing ecosystem outcomes,' said Derek Baraldi, Head of Sustainable at the World Economic Forum. 'Transforming food systems presents major investment opportunities for commercial capital to unlock new markets, boost revenues, and enhance portfolio resilience. However, scaling such investments requires a customized strategy aligned with an institution's strengths, portfolio, risk appetite, and sustainability goals', said Christian Graf, partner at Bain & Company and leader of the EMEA Sustainability & Responsibility Financial Services practice. To succeed, financiers should: Set clear targets on food systems transformation investments and challenge teams to identify scalable, profitable models, tailored to portfolio and capabilities. Build strategic partnerships across the food value chain (including catalytic capital providers, agrifood companies and/or farmers) to ensure shareholder returns and accelerate delivery at scale. Design and adopt innovative financing mechanisms, supported by de-risking mechanisms (including demand signals). Manage credit risk effectively to work with emerging datasets and strengthen climate impact data capabilities. Secure active and sustained senior leadership support. About Bain & Company Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today's urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.

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