Microsoft to quadruple its UAE AI data center capacity as part of $7.9B investment

Microsoft Corp. plans to grow its data center footprint in the United Arab Emirates significantly through a partnership with a local company. The tech giant announced the initiative today alongside a second major infrastructure investment. Microsoft disclosed that it has commissioned billions of dollars worth of data center capacity from Lambda Labs Inc., a venture-backed cloud startup. Both projects will…

China dominates global patent race with record filings

China submitted the highest number of patent applications in 2024, leading global intellectual property activity, a new report shows.A total of 1.8 million patent applications were filed in China last year, accounting for nearly half of the global total and more than three times the number submitted to the United States, according to the World Intellectual Property Organisation (WIPO).The US…

Nationwide extends six times income mortgage lending beyond first-time buyers | Personal Finance | Finance

Nationwide extends six times income mortgage lending beyond first-time buyers (Image: Getty) Nationwide Building Society has extended its high loan-to-income mortgage lending to support a wider range of borrowers, in a "boost" for the UK housing market. The change will see home movers and customers remortgaging able to borrow up to six times their income.The move builds on Nationwide’s criteria…

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China’s local government debt balloons to record 600 trillion baht amid real estate slump

You Zhipei, an analyst from Zhongtai International Securities, noted that “over 10%…

4 mortgage and property predictions for 2026

With four base rate cuts, changes to stamp duty and lenders allowing…

Nomo extends finance for GCC clients buying in Scotland

Digital, Sharia-compliant bank Nomo has expanded its property finance offering to…

Navigating the UK Commercial Property Market: Trends in Industrial Spaces

The UK commercial property space is undergoing significant transformation, with industrial spaces…

Reading consultancy: more Diligenta strikes announced

Diligenta, a finance sector subsidiary for TATA Consultancy Services, saw about 1,000…

NBR Group Wins Top Honours at the 11th India Property Awards 2025 for Sustainable and Innovative Living

NBR Group, one of South India’s most forward-thinking real estate developers, has…

Commercial real estate share slide accelerates in latest sell-off driven by AI fears

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