Business
Exus Renewables agreed to buy 60% of Masdar’s nine wind farms in Portugal, repowering from 144 MW to 164 MW, plus 110 MW solar co-development.
Dubai International Chamber said Asia supplied 46.9% of multinationals it attracted in 2025, bringing 64 MNCs and 309 SMEs to Dubai.
Dubai Aerospace Enterprise agreed to buy Macquarie AirFinance for about $7 billion in cash, creating a combined aircraft leasing fleet of 1,029 aircraft.
Bank of Korea held rates at 2.5% and launched dot plot guidance as it lifted 2026 growth forecast and flagged housing, debt and won risks.
Zimbabwe has suspended exports of raw minerals and lithium concentrates with immediate effect, including cargo already in transit, officials said.
UN ESCWA projects Arab region growth of 3.7% in 2026 from 2.9% in 2025, with inflation easing, exports rising and performance diverging by income group.
Technology
OpenAI will take 100MW of AI data center capacity in India from Tata’s TCS HyperVault, scalable to 1GW, under its OpenAI for India initiative.
Abu Dhabi Crown Prince Sheikh Khaled met PM Narendra Modi in New Delhi at the AI Impact Summit, as UAE and India advanced health, finance and AI compute deals.
At India AI Impact Summit 2026 in New Delhi, PM Narendra Modi called for human centric AI, glass box safety rules and data sovereignty, citing India’s AI Mission.
UAE Crown Prince Sheikh Khaled bin Mohamed arrived in New Delhi for the India AI Impact Summit, through Feb 20, highlighting talks on responsible AI governance.
India opened the five-day AI Impact Summit at Bharat Mandapam in New Delhi, with UN chief Antonio Guterres joining talks on People Planet Progress Feb 16-20 now.