Business
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded.
China reported 5.6 percent industrial output growth through April, led by manufacturing, equipment production and high tech sectors.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
South Korean companies posted Q1 operating profit above 156 trillion won as Samsung Electronics and SK hynix drove semiconductor gains.
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.
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.