Tag: Saudi Arabia

International Business and TradePolicy

U.S. Leads Opposition to International Shipping Emissions Fee, Stalling Global Climate Measure

The United States has successfully blocked a proposed global fee on shipping emissions during international maritime negotiations. President Donald Trump threatened retaliation against supporting nations, calling the measure a “global green new scam tax” in social media posts ahead of the vote.

International Shipping Emissions Fee Blocked at IMO Meeting

The United States has reportedly succeeded in blocking a proposed global fee on shipping emissions during international negotiations, according to sources familiar with the proceedings. The International Maritime Organization meeting concluded Friday without adopting new regulations that would have moved the shipping industry away from fossil fuels.

by Megan Carter
ComputingInfrastructure

Khazna Data Centers Announces Major 1GW Expansion Across Middle East and Europe

UAE-based Khazna Data Centers has unveiled ambitious plans to expand its operational capacity by over 1GW across the Middle East and Europe. The expansion includes new facilities in Saudi Arabia, Italy, and Egypt, supported by a $2.6 billion financing facility from Abu Dhabi banks.

Khazna Data Centers, the UAE’s leading data center operator, has announced a massive 1GW expansion strategy that will significantly increase its footprint across the Middle East and Europe over the next five years. The ambitious growth plan comes as global demand for AI infrastructure reaches unprecedented levels, positioning Khazna as a key enabler of digital transformation across multiple continents.

Strategic Expansion Across Key Markets

by Tyler Brooks P.E