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South Korea Sets Up $3.5bn Semiconductor Fund to Accelerate Chip Manufacturing Clusters
South Korea will launch a 5 trillion won fund to bolster semiconductor suppliers and fast-track new industry hubs as part…
Lebanese Judge Charges Ex-Central Bank Chief Salameh and Former Banker With Embezzlement
A Lebanese judge indicted former central bank governor Riad Salameh and ex-Bank Audi head Samir Hanna on August 10, 2026,…
UAE Leads Global Post-Pandemic Hiring Rebound With Strong 2025 Gains
The UAE has recorded one of the strongest post-pandemic hiring recoveries worldwide as of August 2026, according to new labour…
Japan Swings to Current Account Deficit on Surging Dividend Outflows
On August 10 2026 Japan's Ministry of Finance reported a current account deficit of 92.3 billion yen for June the…
ADX Reports AED171bn Trading Value and Rising Foreign Role in First-Half 2026
The Abu Dhabi Securities Exchange recorded a market capitalisation of AED2.8 trillion and trading value of AED171 billion in the…
ADNOC Gas Reports AED2.44 Billion Net Income in Q2 2026
ADNOC Gas reported net income of AED 2.44 billion for the second quarter of 2026 on Thursday, reflecting continued operational…
Profit-Taking Drives Gold Lower After Hitting Highest Level Since Mid-June
Gold drifted lower from a seven-week peak on August 10, 2026, as investors secured profits from the prior session's gains…
DFSA Deploys Agentic AI to Drive Regulatory Efficiency and Market Appeal
On August 8 2026 the Dubai Financial Services Authority detailed its adoption of proactive regulations and agentic artificial intelligence to…
QCB Report Underscores Resilience of Banking Sector and Non-Hydrocarbon Expansion in Qatar
Qatar's robust fiscal reserves, liquid banking sector and non-hydrocarbon momentum are cushioning the economy against regional tensions and supply chain…
South Korean Vegetable and Seafood Costs Spike as Heat Wave Hits Farms
Retail prices for spinach, cucumbers and other staples in South Korea have risen by as much as 152.3 percent in…
Egyptian Premier Joins Qatari Diar for Launch of Alam Al Roum Initial Phase on North Coast
Qatari Diar announced on August 9 the launch of Phase 1 for its $29.7 billion Alam Al Roum project on…
Iraqi Oil Exports Halve as Minister Cites Strait of Hormuz Closure
Iraqi crude oil exports have plunged from 3.4 million barrels per day to between 1.5 million and 1.7 million bpd…