Botswana downgrade adds pressure to diamond economy
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...
Month : March 2026
South Korea starts 2026 with 11.3 trillion won surplus
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...
Ethiopia starts mourning after landslides kill 80
ADDIS ABABA: Ethiopia has declared three days of national mourning after the death toll from heavy rain-triggered landslides in the country’s south rose to at least 80,...
India weighs $11 billion fund to boost chipmaking
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...
Ethiopia floods and landslides raise death toll to 70
ARBA MINCH: The death toll from floods and landslides in southern Ethiopia’s Gamo Zone has risen to 70, according to official reports issued on Friday, as rescue teams...
UNICEF and partners launch $300m child nutrition drive
DUBAI: UNICEF, Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and the Children’s Investment Fund Foundation (CIFF) have launched a US$300 million partnership aimed at helping save 3...
UAE Germany talks spotlight investment, industry, security
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s deputy prime minister and minister of foreign affairs, received Germany’s foreign minister, Johann Wadephul, in Abu Dhabi on...
Pakistan clears Murid base building footprint in Feb 2026
ISLAMABAD: Pakistan has demolished a building inside Pakistan Air Force Base Murid that was heavily damaged during India’s May 2025 Operation Sindoor air strike, according to commercial...
BMW tests AEON humanoid robots in German production
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...
Cyprus president hosts UAE foreign minister in Nicosia
NICOSIA: Cyprus President Nikos Christodoulides received UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan during a working visit to the Cypriot capital,...