Business
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.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
Technology
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…
EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on a factory floor in Germany. BMW announced the project on Feb. 27 and provided additional details on March 9, describing the move as part of what it calls “Physical AI,”…