Business
Air Arabia reported record 2025 pre-tax profit of AED 1.8bn, revenue of AED 7.78bn, and a proposed 30 fils dividend, pending approval. Passengers reached 21.8m.
Silver tumbled over 10% in New York as strong U.S. jobs data boosted the dollar, with higher COMEX margins and volatility weighing on futures trading at noon ET.
Vietnam approved a steel industry strategy to meet 80-85% of domestic demand by 2030, targeting 25-26m tonnes crude steel and 32-33m finished steel via QD 261.
Petropavlovsk-Kamchatsky hosts the 6th Sustainable Development Forum Feb 17-21, featuring 40+ sessions on investment, planning, tourism and hospitality in Russia.
Egypt core inflation eased to 11.2% year on year in January, while headline inflation slipped to 10.1% and monthly CPI rose 1.5%, official data showed in Cairo.
Spot gold climbed to near $5,078 holding above $5,000 an ounce, as a weaker U.S. dollar lifted demand and China’s central bank reported higher January holdings.