WASHINGTON, November 19, 2025: The United States has approved the sale of F-35 Lightning II fighter jets to Saudi Arabia, marking a significant shift in American defense exports and signaling closer strategic ties between Washington and Riyadh. President Donald Trump confirmed the decision this week
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SEOUL, November 17, 2025: Samsung Group announced on Sunday that it will invest $310 billion over the next five years to expand its technology capacity, with a focus on artificial intelligence and advanced semiconductors. The South Korean conglomerate said the investment aims to meet
ABU DHABI, November 14, 2025: Etihad Airways reported a record profit of AED 1.7 billion (US$463 million) for the first nine months of 2025, marking the strongest performance in the airline’s history. The result represents a 26 percent increase compared to the
CAIRO, November 12, 2025: Egypt’s net international reserves have exceeded US $50 billion for the first time, marking 38 consecutive months of growth, according to official data released by the Central Bank of Egypt (CBE). The CBE stated that Egypt’s foreign reserves
ABU DHABI, November 10, 2025: Thuraya, a subsidiary of Space42, has launched its next-generation mobile communications satellite, Thuraya-4, marking its first commercial rollout in South Africa. The expansion brings the company’s full suite of satellite communication services to the country and
DUBAI, November 6, 2025: The Emirates Group reported a record half-year profit of AED10.6 billion (US$2.9 billion) for the first six months of the 2025–26 financial year, a 13 percent increase over the same period last year. The Group’s profit before tax rose
MILAN, November 2, 2025: Italian authorities have seized assets worth about €1.29 billion from the Luxembourg-based holding company controlling the spirits producer Campari Group as part of an investigation into alleged tax fraud. The seizure, approved by a judge in Monza,
NEW DELHI, October 25, 2025: The International Monetary Fund (IMF) has projected that India’s economy will grow by 6.6 percent in the fiscal year 2025-26, outpacing China’s 4.8 percent, according to the Fund’s latest World Economic Outlook report released on Friday. The IMF’s updated forecast reflects India’s
October 22, 2025, New York: Gold and silver prices plunged sharply on Tuesday, posting their largest single-day percentage declines in years and striking the precious-metals market with a broad correction. Spot gold dropped as much as 6.3 percent to about US $4,115.26
BRUSSELS, October 18: Annual inflation in the euro area rose to 2.2 percent in September 2025, up from 2.0 percent in August, according to data released Friday by Eurostat. The increase marks the first acceleration in consumer price growth since April and pushes inflation slightly above