South Korea ICT exports hit $42.7 billion in April
South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the...
Month : May 2026
India unveils sovereign-backed maritime insurance pool
India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion,...
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company...
Pakistan suicide bombing kills 10 in Lakki Marwat
A bomb blast tore through a crowded market in Sarai Naurang in Pakistan’s northwestern Lakki Marwat district on Tuesday, killing 10 people and wounding about...
Measles outbreak in Bangladesh leaves toll at 415
Bangladesh’s Directorate General of Health Services said the combined death toll tied to the country’s measles outbreak had risen to 415 by May 11, after six more...
Mayon eruption widens farm toll as crop checks continue
LEGAZPI: More than 1,200 hectares of farmland in Albay were potentially affected by ashfall from Mayon Volcano’s ongoing effusive eruption, with satellite analysis offering the broadest...
ADB commits $30 billion for ASEAN by 2030
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and...
UAE and Austria deepen strategic partnership talks
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership...
Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures...
Space42 says Foresight boosts UAE space industry
ABU DHABI: Space42 said the localisation of assembly, integration and testing for its Foresight synthetic aperture radar, or SAR, satellites shows the UAE is deepening its industrial...