Business
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power…
SEOUL, SOUTH KOREA / MENA Newswire / – South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year…
AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic reforms. The financing falls under the Jordan Growth and Competitiveness Development Policy Financing II program. It supports steps linked to the country’s…
BENGALURU, INDIA / MENA Newswire / – Indian investigators said one of the country’s largest gold exporters paid its managing director about Rs17,000 a month, roughly $180, despite reporting consolidated revenue of about Rs7.7 lakh crore. The Directorate of Enforcement said it found the pay detail during…
BRUSSELS, BELGIUM / MENA Newswire / – Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner Maroš Šefčovič, the European Commission said. The meeting places China EU trade relations back at the center of the bloc’s economic agenda.…
TOKYO / MENA Newswire / – Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities extended a sharp June rally. The benchmark share average gained 1.4 percent to 72,247.21 in morning trade. It earlier touched an intraday…
DUBAI, UNITED ARAB EMIRATES / MENA Newswire / – Dubai World Trade Centre has partnered with -45dB to introduce sound-reduced modular meeting spaces across its venues, adding private rooms and pods for high-traffic exhibitions and events. The partnership covers sites including Dubai International Convention and Exhibition Centre…
TOKYO, JAPAN / MENA Newswire / – Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector equipment demand. The seasonally adjusted value of core orders reached 1,098.5 billion yen. The figures…
Technology
DUBAI, UNITED ARAB EMIRATES / MENA Newswire / – Emirates said customers have made more than one million connections to Starlink Wi-Fi since the service entered its fleet seven months ago. The Dubai-based airline said passengers have used more than one petabyte of data through the satellite internet service. The milestone covers free onboard access…
NEW DELHI, INDIA / MENA Newswire / – Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to 2030. The plan includes an additional $13 billion for artificial intelligence and cloud infrastructure. The new commitment follows Amazon’s earlier $35 billion…
TOKYO, JAPAN / MENA Newswire / – Japan has released a draft revision of its Artificial Intelligence Basic Plan that calls for wider global cooperation on AI risks. The proposal focuses on cyberattacks, model safety, misinformation and governance of high-performance AI. The Cabinet Office opened public comments on the draft from June 19 through June…
NICE, FRANCE / MENA Newsire / – India and France adopted the India-France Innovation Roadmap 2030 during talks between Prime Minister Narendra Modi and President Emmanuel Macron in Nice on June 14, widening cooperation across artificial intelligence, trade, defence, space, education and health research. The two leaders met at Villa Kerylos in their first talks…