Browsing: mena newswire

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

India and Australia expanded ties on July 9, 2026, with agreements covering defence, energy, technology and education. Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese held the third annual summit in Melbourne. Their governments announced 18 outcomes

Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to two years from the earlier 2030 to 2031 schedule. The facility will anchor Samsung’s planned

Floods, heavy rain and landslides have killed 51 people across Bangladesh, according to the latest government assessment. The disaster has affected 1,022,963 people in seven southeastern and northeastern districts. Floodwater has marooned 267,918 families across 58 upazilas, 386 unions and

flydubai will restart daily nonstop flights between Dubai and Aleppo on July 20, 2026, restoring the route after nearly 14 years. The service will link Dubai International Airport with Aleppo International Airport in northern Syria. Aleppo will become the airline’s

Chinese researchers have unveiled an AI-assisted platform that converts computer-designed protein sequences into physical samples for laboratory testing. The National Facility for Protein Science in Shanghai and Kangma (Shanghai) Biotechnology developed the automated D2Pi-2.0 system. Developers say it is designed

OpenAI has released the GPT-5.6 model family and introduced ChatGPT Work, an agent designed for longer and more complex assignments. The family includes GPT-5.6 Sol, Terra and Luna. Each model targets a different balance of capability, speed and cost. OpenAI

Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for Apple products. Apple said the agreement will produce more than 15 billion U.S.-made chips. It

The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued