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PM Modi and Elon Musk Discuss Collaboration in Technology and Innovation

Continuing from their February meeting in Washington, D.C., Prime Minister Narendra Modi and Elon Musk talked about the enormous potential for coopera

Continuing from their February meeting in Washington, D.C., Prime Minister Narendra Modi and Elon Musk talked about the enormous potential for cooperation in technology and creativity. Modi underlined Indias dedication to strengthening ties with the United States, especially in the areas of sustainable development, artificial intelligence, and space research. Musk showed interest in Indias reform initiatives and its emphasis on maximum governance with less government. Opportunities to strengthen collaboration in entrepreneurship and emerging technologies were also discussed, underscoring Indias expanding position in the global IT scene. A possible entry into the Indian market is indicated by the fact that Musks businesses, such as Tesla and Starlink, are looking at investment prospects there. Read More..

B2B Tech News | 2 months ago        

China’s ENN and Zhenhua Oil Secure LongTerm LNG Deals with ADNOC.

ChinaUAE energy relations have been strengthened with the signing of longterm LNG supply contracts with Abu Dhabi National Oil Company ADNOC by Zhenhu

ChinaUAE energy relations have been strengthened with the signing of longterm LNG supply contracts with Abu Dhabi National Oil Company ADNOC by Zhenhua Oil and ENN Natural Gas. ENN landed ADNOCs biggest LNG contract with a Chinese client, securing a 15year contract for 1 million metric tonnes of LNG per year. Zhenhua Oil, on the other hand, agreed to a fiveyear contract beginning in 2026, receiving up to 12 cargoes annually, with deliveries correlated with Brent oil benchmarks and the Japan Korea Marker. In order to emphasise ADNOCs expansion strategy in China, the agreements were formally signed during the opening of the companys Beijing headquarters, which CEO Sultan Al Jaber attended. Read More..

B2B Tech News | 2 months ago        

Nigeria and South Africa Sign Landmark Mining Cooperation Deal in Abuja

South Africa and Nigeria have inked a mining cooperation pact to increase technology transfer, investment, and information sharing. Formally signed in

South Africa and Nigeria have inked a mining cooperation pact to increase technology transfer, investment, and information sharing. Formally signed in Abuja, the agreement focuses on collaboration in the exploration of Nigerias agro and energy minerals, mineral data sharing, and droneassisted geological mapping. Nigeria wants to revitalise its undeveloped mining industry, which accounts for less than 1% of its GDP and is rich in gold, limestone, lithium, iron ore, and zinc. Due to its wellestablished mining experience, South Africa is an important collaborator in this endeavour. According to officials, the deal will make Nigeria a significant player in the world resources market by promoting industrialisation, generating jobs, and bolstering intraAfrican commerce. Read More..

B2B Tech News | 2 months ago        

Egypt’s Suez Canal Revenue Plummets by Nearly TwoThirds Amid Red Sea Attacks

From $10.25 billion in 2023 to $3.99 billion in 2024, Egypts Suez Canal revenue fell by almost twothirds. Regional conflicts are mostly to blame for t

From $10.25 billion in 2023 to $3.99 billion in 2024, Egypts Suez Canal revenue fell by almost twothirds. Regional conflicts are mostly to blame for the reduction, especially the Houthi rebel strikes on merchant vessels in the Red Sea that caused maritime routes to be disrupted. Two ships were sunk and four people were killed when more than 100 ships were targeted between November 2023 and January 2024. According to the Suez Canal Authority, only 13,213 ships travelled through in 2024, a 50% decrease from the year before. Although the IMF cautions that trade through the canal dropped 50% in early 2024, creating concerns about the stability of the global supply system, Egypt still offers navigational services despite the turmoil. Read More..

B2B Tech News | 2 months ago        

India to Ease Nuclear Liability Laws, Attracting Foreign Investment

To draw in international businesses, especially American enterprises like General Electric and Westinghouse Electric, India plans to relax its nuclear

To draw in international businesses, especially American enterprises like General Electric and Westinghouse Electric, India plans to relax its nuclear liability laws and limit accidentrelated fines on equipment suppliers. By 2047, the proposed modifications will increase nuclear power capacity to 100 gigawatts and enable a $500 billion trade agreement with the United States. Part of the 2010 Civil Nuclear Liability Damage Act, which exposed providers to infinite liability for mishaps, is eliminated in the proposed law. The government anticipates passing the measures during the July 2025 monsoon session of Parliament. The action makes Indias nuclear industry more investmentfriendly by moving liability from suppliers to operators in accordance with international standards. Read More..

B2B Tech News | 2 months ago        

Ukraine and U.S. Sign Memorandum of Intent, Advancing Minerals Deal.

To give the United States preferential access to Ukraines natural resources, the two countries have signed a letter of intent as the first step toward

To give the United States preferential access to Ukraines natural resources, the two countries have signed a letter of intent as the first step towards a minerals agreement. President Donald Trump is pushing the agreement, which is presented as restitution for previous U.S. military assistance to Ukraine. An investment fund for Ukraines reconstruction and an Economic Partnership Agreement are made possible by the memorandum. According to Ukrainian officials, the whole deal is anticipated to be finalised soon after negotiations in Washington made great progress. Details of the arrangement are still being worked out, but it may be inked as early as next Thursday. Read More..

B2B Tech News | 2 months ago        

IMF Chief Urges U.S. and China to Reduce Uncertainty in Global Trade

Both the United States and China have trade grievances, IMF Managing Director Kristalina Georgieva underlined, and she urged them to create a more equ

Both the United States and China have trade grievances, IMF Managing Director Kristalina Georgieva underlined, and she urged them to create a more equitable, rulesbased trading system and lessen uncertainty. Ahead of the spring meetings of the IMF and World Bank, she stated that China wants more U.S. involvement to stabilise economic ties, while the U.S. is worried about Chinas intellectual property policies and nontariff obstacles. Georgieva emphasised the necessity for multilateral cooperation by warning that protracted trade disputes could cause global market disruptions. As a move in the right direction towards trade liberalisation, she also applauded Indias tariff reductions. Changes in international commerce are still being tracked by the IMF, especially in light of growing protectionist measures. Read More..

B2B Tech News | 2 months ago        

India’s Commerce Minister Piyush Goyal Meets Starlink Executives to Discuss Investment Plans

Piyush Goyal, Indias minister of commerce and industry, met with representatives of Starlink to talk about the companys investment plans and the count

Piyush Goyal, Indias minister of commerce and industry, met with representatives of Starlink to talk about the companys investment plans and the countrys rollout of satellite internet. Led by Senior Director Ryan Goodnight and Vice President Chad Gibbs, the delegation discussed Starlinks lowlatency satellite technology and how it could enhance digital infrastructure in remote locations. The conference aligns with Indias Digital India objectives, which include expanding internet access across the country. India is a significant market for Starlink, but it is awaiting governmental clearance to begin commercial operations. The talks reinforced Indias drive for cuttingedge satellitebased communication solutions by highlighting cooperation opportunities and lastmile internet connectivity initiatives. This interaction demonstrates Indias increasing interest in expanding broadband via satellite technology to close the digital divide. Read More..

B2B Tech News | 2 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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