Nokia Opens New R&D Center in Saudi Arabia

MT newswire2026/09/01 12:49

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08:49 AM EDT, 09/01/2026 (MT Newswires) -- Nokia (NOK) has opened a research and development center in Riyadh, Saudi Arabia, focused on developing AI-powered network automation software for customers, the company said Tuesday. The software will allow communications networks to self-configure, self-heal, optimize performance, reduce energy consumption and operate with greater autonomy, it said. Nokia also said it plans to explore AI-native 6G technologies through the new facility.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41