Business
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion.
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results.
The Bharat Maritime Insurance Pool gives India domestic cover for hull, cargo, P&I and war risk on ships tied to Indian trade routes now.
EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi group.
ADNOC Gas reported $1.1 billion in Q1 net income, maintained domestic supply and approved a $941 million dividend amid export disruption.
Technology
Space42 says local assembly and testing of Foresight satellites in Abu Dhabi show the UAE is building stronger space manufacturing capability.
China launched a Long March-8 rocket from Hainan, sending 18 internet satellites into orbit for the seventh Qianfan networking mission.
Jensen Huang says companies will favor workers who use AI well, as Nvidia pushes a broader message that AI fluency is becoming a workplace advantage.
India is preparing a more than 1 trillion rupee ($11 billion) fund for chip design, equipment and supply chains, building on its semiconductor mission projects.
India and Finland elevated ties to a Strategic Partnership in Digitalisation and Sustainability as PM Narendra Modi met Finnish President Alexander Stubb in New Delhi.