Business
AI chip demand helped Singapore beat its Q1 GDP estimate, with exports and manufacturing gains led by electronics and semiconductors.
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
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.
Technology
South Korea 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.
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects,…
EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on a factory floor in Germany. BMW announced the project on Feb. 27 and provided additional…
CUPERTINO: Apple on Tuesday introduced updated 14-inch and 16-inch MacBook Pro models powered by its new M5 Pro and M5 Max chips, positioning the laptops for professional workflows and expanded on-device artificial intelligence. Apple said the systems add faster storage, updated wireless…