Business
SEOUL, SOUTH KOREA / MENA Newswire / – Samsung Electronics led global semiconductor companies in combined investment in 2025, spending nearly 90 trillion won, or US$59.2 billion, on capital expenditure and research and development. The total placed the South Korean chipmaker first among the top 10 semiconductor companies by…
CAIRO / MENA Newswire / — Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International Cooperation reported the rate in its latest update on Egypt GDP growth. The period includes the…
SEOUL, SOUTH KOREA / MENA Newswire / — South Korea’s cosmetics exports reached US$5.6 billion in the first five months of 2026, government data showed, rising from US$4.6 billion a year earlier. The increase put Korean cosmetics at the top of the country’s major consumer goods export…
Investor interest in UAE property led surveyed markets, supported by return potential, stability and ownership access in the index.
Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus.
Tokyo stocks ended mixed as the Nikkei hit a record close on tech gains while the Topix fell, showing narrow market leadership.
AI chip demand helped Singapore beat its Q1 GDP estimate, with exports and manufacturing gains led by electronics and semiconductors.
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded.
Technology
SEOUL, SOUTH KOREA / MENA Newswire / — Nvidia has signed artificial intelligence and data centre agreements with major South Korean companies, widening its role in the country’s AI infrastructure buildout. The agreements involve SK Hynix, SK Telecom, NAVER and Doosan Group. The companies did not disclose financial terms. The announcements followed Nvidia CEO Jensen Huang’s visit…
South Korea US$665.5 million Industrial Growth Fund expands financing for manufacturing AI, R&D commercialization and regional industry growth.
Space42 says local assembly and testing of Foresight satellites in Abu Dhabi show the UAE is building stronger space manufacturing capability.
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects, manufacturing equipment and the development of a local semiconductor supply chain, covering activities that range…