27 June, 2026

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$150 for a wave: the Abu Dhabi wave pool targeting the ultra-rich

Abu Dhabi has many of the things that surfers hunt for in their quest for perfect waves: warm weather, year-round sun and clear water. The only thing it did not have was waves. That changed in October 2024, when Surf Abu Dhabi opened. Offering the longest artificial wave in the world, the company hopes to …

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Egypt Independent September 4, 2025

Iran woos Trump with a ‘trillion-dollar’ opportunity. But will a nuclear deal make America rich?

CNN  —  Iran is crafting a potential nuclear agreement with the United States, wrapping it in language designed to flatter US President Donald Trump’s favorite persona: the dealmaker-in-chief. Officials in Tehran have seized on Trump’s anti-war, pro-business image to pitch an Iran-US nuclear agreement as a way to help Trump fulfill his pledge to “make …

The post Iran woos Trump with a ‘trillion-dollar’ opportunity. But will a nuclear deal make America rich? appeared first on Egypt Independent.

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Egypt Independent May 1, 2025

Brazil’s president says world doesn’t have to put up with Elon Musk’s ‘far right’ ideology just because he’s rich

CNN  —  Brazilian President Luiz Inácio Lula da Silva says the world isn’t obliged to put up with billionaire Elon Musk’s “far-right anything goes” agenda because of his immense wealth. Lula da Silva made the remarks in an interview with CNN affiliate CNN Brasil published Monday, days after Musk’s social media site X was suspended in the country, …

The post Brazil’s president says world doesn’t have to put up with Elon Musk’s ‘far right’ ideology just because he’s rich appeared first on Egypt Independent.

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Egypt Independent September 4, 2024

Oil-rich Abu Dhabi wants to be an AI leader. Aligning with the US is just the start

CNN  —  The world’s first minister dedicated to developing artificial intelligence (AI) strategy is already becoming embroiled in a global power struggle for tech supremacy. In April, Microsoft (MSFT) announced a $1.5 billion investment in G42, an AI group based in Abu Dhabi, capital of the United Arab Emirates (UAE), and chaired by an influential …

The post Oil-rich Abu Dhabi wants to be an AI leader. Aligning with the US is just the start appeared first on Egypt Independent.

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Egypt Independent June 26, 2024

Nigeria’s oil-rich Rivers State makes moves to become investor magnet

CNN  —  Nigeria’s oil-rich Rivers State has a unique opportunity to emerge as a beacon of progress, replacing hopelessness with hope, according to former Apex Bank governor Sanusi Lamido Sanusi. At the same time, Rivers State Governor Siminalayi Fubara has highlighted the state’s efforts to create a more vibrant, investment-friendly environment, aiming to reassure investors …

The post Nigeria’s oil-rich Rivers State makes moves to become investor magnet appeared first on Egypt Independent.

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Egypt Independent May 25, 2024