– Samsung Electronics is set to become the first South Korean company to hold more than 200 trillion won ($146.6 billion) in cash assets, lifted by an AI-driven chip supercycle. Its cash and short-term financial assets are estimated at 214.8
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– UAE President Sheikh Mohamed bin Zayed Al Nahyan received Dr Markus Söder, Minister-President of the German state of Bavaria, in Abu Dhabi on Monday. Söder is on a working visit to the UAE. He has led the Bavarian state
– India lifted an estimated 496 million people out of poverty between 2011 and 2023, according to the World Bank’s October 2026 Poverty and Equity Brief. The share of Indians living in extreme poverty fell from 27.1% to just 2.6%
– Cyclone Arnab made landfall in India’s Andhra Pradesh state early on Wednesday after authorities evacuated tens of thousands of people from the eastern coast. The India Meteorological Department classified Arnab as a very severe cyclonic storm, the third-highest category
– UAE President Sheikh Mohamed bin Zayed Al Nahyan received the flydubai crew members involved in the in-flight incident on September 30, in the presence of Sheikh Mohammed bin Rashid Al Maktoum. Sheikh Mohammed bin Rashid is Vice President, Prime
Business
Travel
– The Turkish government has announced plans for tourism revenue to reach $70 billion in 2027, supported by an increased budget allocation for the sector. The 2027 draft of the central government budget allocates $244.5 million to tourism, marking an
– Air Arabia is set to commence nonstop flights between Sharjah International Airport and Amman City Airport starting November 15, 2026. Operating four times weekly, this new route broadens the airline’s network linking the United Arab Emirates with Jordan. Currently,
– Air Arabia announced the commencement of direct flights linking Sharjah International Airport with Amman City Airport starting November 15, 2026. The new route will run four times a week, broadening the airline’s network between the United Arab Emirates and
Air Arabia has announced it will resume daily nonstop flights connecting Ras Al Khaimah and Kozhikode, India, starting October 16, 2026. This move restores a direct air route linking the UAE emirate with the coastal city in Kerala. The airline
Technology
Middle East and Africa Private Market Place (MEAPMP) today announced the commercial launch of its revamped independent supply-side platform (SSP) and curated media marketplace, connecting enterprise media buyers and agencies directly with premium regional inventory across 73 countries. Operating from