The Indian government has set aside 180 tonnes of gold imports from the United Arab Emirates at a reduced tax under the CEPA for the fiscal year 2025-26. This concessional tariff plan allows eligible importers to bring in gold for a 5% import fee. The move sparked a boom of interest from traders, with the […]
The United Arab Emirates has announced the introduction of Falcon Arabic, a new Arabic-language artificial intelligence model, as part of its ambitious push to lead global AI innovations. The model, created by Abu Dhabi’s Advanced Technology Research Council (ATRC), is intended to properly reflect the richness and complexity of the Arabic language by employing a […]
Singapore’s Changi Airport has officially begun construction on its Terminal 5 extension, with Prime Minister Lawrence Wong overseeing the groundbreaking on May 14, 2025. The new terminal has been in the works for years to accommodate rising passenger traffic in the Asia-Pacific area. After completion, both Singapore Airlines and Scoot will operate from Terminal 5. […]
The UAE pulled off a stunning shock by defeating Bangladesh in the second T20I of their three-match series, tying the score at 1-1. The historic match was played on Monday, May 19, at the Sharjah Cricket Stadium, with the UAE successfully chasing down a challenging total of 205 runs. It was the highest-ever successful run […]
French President Emmanuel Macron is scheduled to visit Vietnam next week, marking the first visit by a French head of state in nearly ten years. Macron’s state visit to Hanoi is scheduled for May 25, as part of a larger Southeast Asian tour that will also include visits to Indonesia and Singapore. His visit coincides […]
Beyond Imagination, Ray Kurzweil’s humanoid robots firm, is reportedly in advanced talks to raise $100 million in Series B funding, with Gauntlet Ventures as the sole investor. According to a statement made on Tuesday, the company’s latest investment round is expected to be worth $500 million. The company, co-founded by AI futurist Kurzweil and scientist-entrepreneur […]
Morocco has struck major agreements worth about $14 billion with a partnership of Emirati and Moroccan companies to improve its energy and water infrastructure. The transactions, inked on Monday, involve the state-owned National Office of Electricity and Drinking Water (ONEE), the Mohammed VI Public Investment Fund, Taqa Morocco—a subsidiary of UAE-based energy giant Taqa—and Nareva, […]
The United States and the United Arab Emirates are strengthening their long-standing energy alliance, with US energy corporations planning to invest $60 billion in UAE oil and gas projects over the project’s duration. The announcement was made during the UAE-US business discussion in the presence of former US President Donald Trump. In a reciprocal gesture, […]
South African President Cyril Ramaphosa is gearing up for a critical visit to Washington this week, where he hopes to deepen diplomatic ties with the US by pursuing investment from Elon Musk’s companies. According to official sources, Ramaphosa will make a trade and investment proposal to US President Donald Trump during his meeting, to reduce […]
Thailand and Indonesia have committed to increasing trade and investment cooperation while stepping up collaborative efforts to tackle cybercrime and drug trafficking. During Indonesian President Prabowo Subianto’s first official visit to Bangkok, the two economies in Southeast Asia upgraded their relationship to that of a strategic alliance. Prime Minister Paetongtarn Shinawatra has announced that Thailand […]
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