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U.S. and UAE Join Forces to Establish The Largest AI Data Campus Outside America

The United States and United Arab Emirates have announced an ambitious project to create a colossal artificial intelligence (AI) campus in Abu Dhabi, deemed the largest of its kind outside the U.S. Spearheaded by the Emirati firm G42, alongside undisclosed U.S. tech giants, this AI-forward center aims to cover 10 square miles with a 5-gigawatt capacity.

During his visit to the UAE, U.S. President Donald Trump, accompanied by key industry figures like Nvidia’s Jensen Huang and SoftBank’s Masayoshi Son, underscored the significance of this initiative. This venture promises to offer American-managed cloud services across the region, backed by strong security protocols against tech diversion.

This AI campus is part of Trump’s expansive Middle East trip, underscoring the dynamic and evolving landscape of international collaborations in technological advancements.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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