Business
RIYADH: Saudi Arabia has placed a temporary ban on imports of poultry meat and table eggs from Indonesia under updated health controls published by the Saudi Food and Drug Authority, tightening access for Indonesian products to one of the region’s largest food markets. The restriction is set out in SFDA…
NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said the two countries agreed to rebuild momentum across…
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central Portugal. Masdar will retain a 40% stake…
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while…
HARARE: Zimbabwe has suspended the export of all raw minerals and lithium concentrates with immediate effect, the Ministry of Mines and Mining Development said, ordering the restriction to be observed “until further notice.” The ministry said the suspension applies to all minerals, including shipments already in transit. Mines and…
NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact Summit. The documents were signed by S.…
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s startup ecosystem, the government said in a statement issued Feb. 14. The…
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025,…
Technology
CUPERTINO: Apple on Tuesday introduced updated 14-inch and 16-inch MacBook Pro models powered by its new M5 Pro and M5 Max chips, positioning the laptops for professional workflows and expanded on-device artificial intelligence. Apple said the systems add faster storage, updated wireless capabilities and Thunderbolt 5 connectivity while keeping the same form factors. Preorders opened Wednesday, March…
CUPERTINO: Apple on March 2 introduced the iPhone 17e, a lower-priced model in its iPhone 17 lineup that starts at $599 with 256GB of storage and is also offered with 512GB for $799. The company said the phone will be sold in black, white and soft pink with a matte finish. Pre-orders begin March 4 at 6:15…
NEW DELHI: Samsung India said its flagship Galaxy S26 smartphone series is available for pre-order in India from Feb. 25, led by the Galaxy S26 Ultra alongside the Galaxy S26+ and Galaxy S26. The company billed the lineup as its most advanced AI phone range to date, built around “Agentic AI” features aimed at reducing steps between…
NEW DELHI: Prime Minister Shri Narendra Modi on Thursday called for a human centric global artificial intelligence ecosystem and urged governments and companies to build safeguards that keep AI transparent, accountable and aligned with human values. Speaking at the Leaders’ Plenary Session of the India AI Impact Summit 2026, Modi said AI should be treated as a shared…