Business
Egypt’s economy grew 5.2% from July 2025 to March 2026, with GDP gains and higher reserves shaping the latest fiscal update.
South Korea cosmetics exports reached US$5.6 billion in five months, making Korean beauty products the top consumer export category.
Dollar heads for a weekly gain as the yen nears 160 per dollar, with Japan intervention data and rate gaps in global market focus.
Investor interest in UAE property led surveyed markets, supported by return potential, stability and ownership access in the index.
AD Ports Group agreed to acquire Brazil’s CLI in an AED 3.1bn deal covering agri bulk terminals at Santos and Itaqui, pending approvals.
South Korea reported 3.1 percent May inflation as petroleum products surged and transport prices recorded the sharpest category rise.
Technology
NVIDIA RTX Spark brings Microsoft Windows PCs into local AI computing, pairing Blackwell graphics, Grace CPU and Surface Laptop Ultra.
Samsung Electronics led the 2025 automotive memory chip market with 40% share, ahead of Micron, as vehicle electronics demand grew.
The UAE tracks its shift from early government computing to AI infrastructure, with cloud, data systems, models and digital services.
South Korea’s 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.