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Keywords: Infrastructure


London moves toward tourist tax under new devolution bill

London is edging closer to introducing a tourist tax as part of the UK government’s proposed English Devolution and Community Empowerment Bill, a reform that would grant local authorities the power to levy charges on overnight visitors. City Hall estimates that the capital could raise up to £240......

Spain commissions Ineco to design Morocco tunnel after feasibility study

The Spanish government has officially tasked public engineering firm Ineco with designing the reconnaissance gallery for the long-awaited Morocco-Spain tunnel project, marking a significant milestone in the decades-old initiative. This ambitious undertaking envisions a railway connection under the Strait......

Security forces intercept drone near key gas field in Iraq's Kurdistan

Iraqi Kurdish security forces opened fire on a drone approaching the Khor Mor gas field late Sunday, according to security sources. The incident occurred in the Kurdistan region, where the gas field is one of the largest and most strategically important in Iraq. The drone was intercepted before it could......

Alphabet overtakes Microsoft to become world’s third-largest company driven by cloud and AI growth

Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......

Nvidia's remarkable quarter challenged by investor skepticism amid AI bubble fears

Nvidia  CEO Jensen Huang expressed frustration over the lukewarm market reaction to the company’s record-breaking third-quarter earnings, which reported $57 billion in revenue, up 62% from the previous year. Despite surpassing Wall Street expectations, including a forecasted $65 billion......

Scholz admits Germany’s reliance on Russian energy was a strategic error

Former German Chancellor Olaf Scholz publicly acknowledged that Germany's prolonged dependence on Russian energy supplies constituted a significant mistake. During a parliamentary inquiry held in Mecklenburg-Vorpommern, Scholz revealed he had......

Elon Musk's xAI secures $15 billion, targets rapid AI infrastructure expansion

Elon Musk’s artificial intelligence company, xAI, is on the verge of securing $15 billion in new equity financing, valuing the firm at approximately $230 billion. This move would more than double its valuation since March, when it stood at $113 billion following its merger with Musk’s social......

Germany authorizes military to shoot down suspicious drones

The German government has passed legislation allowing the Bundeswehr to shoot down unidentified drones suspected of spying on military bases, industrial sites, and other critical infrastructure. The move comes amid growing concerns that some drones may be operated by state actors with potential sabotage......

Rabat’s transformation into a sports capital ahead of AFCON 2025

Rabat is positioning itself as Morocco's premier sports city as the country prepares to host the Africa Cup of Nations (AFCON) from December 21, 2025, to January 19, 2026. Historically regarded as a quiet administrative capital, Rabat has undergone a remarkable transformation, blending state-of-the-art......