Business
World Bank approval of $265m will support Morocco’s 300 MW Ifahsa hydropower storage project and help integrate more renewable power.
South Korea’s exports reached a record US$102.25 billion in June, led by semiconductors and a US$36.15 billion trade surplus for Korea.
World Bank approves a US$700 million loan to support Jordan’s private investment, job creation, finance access and reform agenda.
Gold extended losses after a weak quarter, with dollar strength and U.S. Treasury yields weighing on demand for non-yielding bullion.
World Bank says 18% of MENAAP residents face food insecurity as regional demand is projected to rise 67% by 2050, with food systems strained.
India’s ED says Rajesh Exports failed to produce foreign trade records as a probe reviews executive pay, stock gaps and disclosures.
Technology
Emirates says passengers made over 1 million Starlink Wi-Fi connections as free inflight internet expands across its fleet.
Amazon plans $48B in India from 2026 to 2030, adding $13B for AI and cloud infrastructure after Andy Jassy met Narendra Modi in New Delhi.
Japan’s revised AI Basic Plan draft seeks global cooperation on AI risks, cybersecurity, model safety and misinformation controls.
Modi and Macron reviewed defence, space, civil nuclear energy, education mobility and Innovation Roadmap 2030 during talks in Nice.
Nvidia deepens South Korea AI and data centre links with SK Hynix, SK Telecom, NAVER, Doosan, LG and Hyundai agreements across AI factories.