Business
– 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
– The General Agreement for the GCC Railway Project was signed in Bahrain on Sunday, on the sidelines of the 31st meeting of the GCC Ministerial Committee on Transport and Communications. The signing was attended by Prince Salman bin Hamad
– Global food prices declined in October, though they remained 5.9% higher than a year earlier, the Food and Agriculture Organization of the United Nations (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in the
– Botswana’s diamond-dependent economy is showing signs of recovery after a two-year slump, with fiscal authorities raising this year’s growth forecast to 3.8% from an initial 3.1%. The upgrade reflects stronger diamond production in the first half of the year.
– Indonesia recorded a cumulative trade surplus of $10.61 billion from January to September 2026, driven mainly by strong non-oil and gas exports, Statistics Indonesia (BPS) said on Monday. Non-oil and gas trade generated a surplus of $34.21 billion, more
– Half of Africa’s 20 largest banks are building a multi-billion-shilling war chest to expand in Kenya, racing for a share of one of East Africa’s most profitable financial services markets. The lenders are injecting fresh capital into their Kenyan