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Market sentiment weighs on Bursa earnings

Market sentiment weighs on Bursa earnings

PETALING JAYA: A lower average daily value (ADV) of trading activity is expected to weigh on stock exchange operator Bursa Malaysia Bhd’s net profit for the second quarter ended June 30, 2025 (2Q25). Kenanga Research, which has maintained a...

Turkish minimum wage covers just a quarter of basic living costs

Turkish minimum wage covers just a quarter of basic living costs

A new report from a public sector labor union reveals that Turkey’s minimum wage remains significantly below both the hunger and poverty thresholds, highlighting the growing financial strain on workers and their families amid rising costs....

AI subterranean mapping by Israeli startup could reveal hidden underground tunnels

AI subterranean mapping by Israeli startup could reveal hidden underground tunnels

Exodigo engineer performs a non‑intrusive underground scan using AI‑powered mapping equipment. (Photo: Exodigo via company website) The Israeli startup Exodigo, which specializes in AI-powered underground mapping, has experienced dramatic growth...

Egypt: PALM raises 7-figure funding led by 4DX Ventures to revolutionize savings

Egypt: PALM raises 7-figure funding led by 4DX Ventures to revolutionize savings

Cairo – PALM, a fintech startup offering incentivized goal-based saving in Egypt, has closed its pre-seed seven-figure funding round, according to a press release. The investment round was led by 4DX Ventures with participation from Plus VC and...

Analysis: Lebanon wary of Israel's peace push

Analysis: Lebanon wary of Israel's peace push

Emergency services and area residents gather at the scene after an Israeli airstrike in the town of Nabatieh, southern Lebanon, on June 27. Photo by EPA BEIRUT, Lebanon, July 17 (UPI) -- Despite Israel's recent military gains and a rapidly...

Oil Traders Assume Defensive Financial Positions

Oil Traders Assume Defensive Financial Positions

Persistent market uncertainty is pushing more trade toward the crude oil futures and options markets as players try to navigate opposing forces of geopolitics and supply and demand fundamentals. Trading volumes and open interest — a tally of...

Egypt: GAFI chief highlights tax incentives, licensing reforms to boost mining investment

Egypt - Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), affirmed that Egypt’s strategy to raise the mining sector’s contribution to 5% of GDP focuses on deepening industrial capacity, establishing value-added...

Egypt, China Signed Deal For Flagship Industrial Zone Expansion

Egypt, China Signed Deal For Flagship Industrial Zone Expansion

(MENAFN- Nam News Network) CAIRO, Jul 17 (NNN-MENA) – Egypt and China, yesterday, signed a deal, for the expansion of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, with Chinese developer, TEDA, set to invest 100 million U.S....

Oil and gas companies driving CCUS development

Oil and gas companies driving CCUS development

Oil and gas companies are playing a leading role in the development of carbon capture, utilisation, and storage (CCUS) according to a new report from GlobalData CCUS is widely gaining credence as an important energy transition strategy, given its...

Leadership Transition at Microsoft Middle East & Africa

Leadership Transition at Microsoft Middle East & Africa

(MENAFN- Pro Global) July 16, 2025; Cairo, Egypt – Microsoft today announced a new leadership appointment in its Middle East and Africa (MEA) operations, with Mirna Arif, General Manager of Microsoft Egypt since 2020, transitioning to a regional...

Ablakwa: Ghana open to doing business with Serbia, we want more Serbian companies

Ablakwa: Ghana open to doing business with Serbia, we want more Serbian companies

ACCRA - Ghanaian FM Samuel Okudzeto Ablakwa said on Thursday his country was open to doing business with Serbia, and urged Serbian companies to invest in Ghana. At a press conference with Serbian counterpart Marko Djuric in Accra, Ablakwa said his...

Egypt's Petroleum Minister, SLB Discuss Exploration And Production Support - Dailynewsegypt

Egypt's Petroleum Minister, SLB Discuss Exploration And Production Support - Dailynewsegypt

(MENAFN- Daily News Egypt) Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, on Monday met with executives from global technology company SLB to discuss ways to support oil and gas exploration and production activities and enhance...

Why is Iran expelling millions of Afghan refugees?

Why is Iran expelling millions of Afghan refugees?

More than one million Afghans have returned home since the beginning of the year. Image: Shutterstock By Victoria Heath This year, more than 1.1 million Afghans have been deported from Iran, marking one of the largest forced migrations in its...

Slovenia was the first EU country to impose sanctions against Israeli ministers

Slovenia was the first EU country to impose sanctions against Israeli ministers

Slovenia was the first European Union country to ban two Israeli government ministers from entering the country — National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich. This was reported by the Slovenian government. They...

US officials do not want to sell advanced AI chips to company run by UAE spy chief: Report

US officials do not want to sell advanced AI chips to company run by UAE spy chief: Report

The UAE’s bid to buy hundreds of thousands of advanced AI chips from Nvidia is being held up by US officials concerned that China could gain access to advanced American technology, The Wall Street Journal reported on Thursday. US officials are...

Markets rattled by ‘credible threat’ of Trump trying to fire Fed chief Powell

Markets rattled by ‘credible threat’ of Trump trying to fire Fed chief Powell

NEW YORK – Once again, US President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to one of his favourite topics: whether to fire Federal Reserve chair Jerome Powell. In an echo of the havoc that...

Belgian court bans transit of military goods to Israel

Belgian court bans transit of military goods to Israel

A Belgian court on Thursday ordered the regional Flemish government to block the transit of military goods bound for Israel, including through the port of Antwerp. The court said it would enforce a €50,000 ($58,000) fine per shipment if the...

Turkiye unveils 39-point reform plan to strengthen...

Turkiye unveils 39-point reform plan to strengthen...

Turkiye’s Investment Environment Improvement Council (YOIKK) has unveiled its 2025 Action Plan, setting the stage for comprehensive reforms to enhance the nation’s investment climate. The plan, comprising 39 targeted actions, focuses on key areas...

Israel 'FORCED TO ACCEPT' Hamas Demands, Compelled To Drop Its Own For Gaza Truce? 'Trump Forced...'

Israel 'FORCED TO ACCEPT' Hamas Demands, Compelled To Drop Its Own For Gaza Truce? 'Trump Forced...'

'They Took Away My Son's...': Russian Woman Reveals Key Secrets, Her Kids' Father Tracked Down Russian national Nina Kutina, who was recently found living in a cave in Gokarna with her two young daughters, has revealed she gave birth to one of...

Baidu signs deal with Uber to deploy Apollo Go robotaxis in Asia, Middle East

Baidu signs deal with Uber to deploy Apollo Go robotaxis in Asia, Middle East

Chinese search engine and AI giant Baidu and global taxi-hailing firm Uber Technologies have agreed to work together to deploy thousands of Baidu Apollo Go robotaxis in markets outside the US and mainland China, a move that comes as Tesla seeks to...

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