Author: Editorial Team

ANKARA — President Recep Tayyip Erdogan on Wednesday dismissed objections from Israel and Greece concerning the possible US sale of F-35 fighter jets to Turkey. Speaking at a news conference at the end of the two‑day summit he hosted, the Turkish president said opposition raised by Prime Minister Benjamin Netanyahu and Greece’s Kyriakos Mitsotakis “have no place in my world.” Erdogan said Ankara has never objected to Greece’s defense acquisitions and expected the same approach in return. The Turkish president added that Ankara continues to hold defense procurement talks with various countries and is shaping its policies accordingly. “Hopefully, when…

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As OMODA & JAECOO continues accelerating its expansion in the UAE, the brand has reached another significant global milestone with the JAECOO J7 ranking as the No.1 in the UK during the January-May period this year, highlighting the growing international recognition of its self-developed Super Hybrid System (SHS) technology. The achievement comes as OMODA & JAECOO continues building strong momentum across the UAE, where the brand has surpassed 5,000 vehicle sales since entering the market. Supported by a rapidly expanding retail network, including the recently opened flagship showroom at Oasis Mall on Sheikh Zayed Road in Dubai, dedicated regional operations…

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LOS ANGELES — A man who admitted to stealing rare historical Chinese manuscripts from the University of California Los Angeles (UCLA) library and replacing them with fake documents was sentenced by the US Department of Justice on Wednesday. Jeffrey Ying, a 39-year-old resident of Fremont, in the San Francisco Bay Area, pleaded guilty in October 2025 to one felony count of theft of a major artwork after he stole $216,000 worth of books and manuscripts from the UCLA library between December 2024 and July 2025. The elaborate plot included faux names on library cards and a host of equipment that…

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ISLAMABAD — Pakistani rescuers located the wreckage of a cargo plane in a deep sea search operation on Wednesday, 12 hours after it went missing off the coast of Karachi, the country’s airports authority said, adding that efforts were underway to find the five crew members who were on board. The wreckage of the K2 Airways cargo Boeing 737 was recovered 53 nautical miles (98 km) south of Ormara, a town on Pakistan’s southern coast. The plane was approaching Karachi from Sharjah in the United Arab Emirates when radar showed it “rapidly descending” on Tuesday evening after reporting a “navigational…

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Samsung Electronics recently forecast a record-breaking Q2 quarterly operating profit and a revenue of more than KRW171 trillion ($113 billion). This increase has been driven by the global demand for AI memory chips. The company expects average operating profit of KRW89.4 trillion compared with KRW4.7 billion in Q2 2025. This is a 19-fold increase, as demand for semiconductors driven by the AI boom continues to outstrip supply. Samsung’s operating profit has now risen to record levels for three quarters in a row. Revenue is forecast to be more than double the KRW74.6 trillion recorded in Q2 2025. Samsung is due…

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The falconry heritage in Northern Borders Region embodies a deep-rooted cultural tradition spanning many decades, supported by the region’s vast desert landscape and its location along one of the most important migration routes for falcons, making it a primary destination for falconers from across the Kingdom and the Gulf countries.  Falconry has transitioned from an inherited practice to an organized sector combining heritage preservation, environmental sustainability, and specialized competitions, in line with Saudi Vision 2030’s objectives of preserving and promoting national heritage. The Saudi Falcons Club plays a central role in organizing tournaments, qualifying falconers, and enhancing the Kingdom’s global…

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RIYADH — Saudi Arabia’s Bankruptcy Commission said the opening of bankruptcy proceedings and their publication in the Bankruptcy Register do not necessarily mean a business will exit the market, cease operations or be liquidated. The commission said bankruptcy procedures provide a legal framework offering multiple options to address a company’s financial position, allowing viable businesses to restructure, resume operations and continue contributing to the Kingdom’s economy. According to the commission, 60 bankruptcy-related announcements were published on its official website in June 2026, including 30 notices announcing the opening of bankruptcy proceedings. The remaining announcements comprised court decisions, notices and other…

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RIYADH — The National Center for Environmental Compliance has issued 557 violations worth more than SR16 million for breaches of the procedural guide for dust control in Riyadh. The violations were issued as part of efforts to improve environmental compliance and air quality around construction projects within the city’s urban boundaries. Fawaz Al-Mujathil, director of the center’s Riyadh branch, said the campaign was launched in February in cooperation with the Royal Commission for Riyadh City and the Riyadh Municipality. He said field teams carried out more than 3,000 inspections of construction projects, during which several sites were found to be…

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Micron Technology and the Ford Motor Company recently signed a long-term agreement for the supply of memory chips for next-generation vehicle production. Micron Technology noted the Strategic Customer Agreement (SCA) with Ford comes as it increases output of key products tailored to the long product lifecycles of the automotive segment. It also pointed to an ongoing strategy to expand local manufacturing for customers in the sector, including through advanced Dynamic Random-Access Memory (DRAM) production in the US state of Virginia. Micron Technology chair, president and CEO Sanjay Mehrotra said “as vehicles become more intelligent and data-intensive, the importance of advanced…

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Red Sea Global (RSG) announced the opening of Six Senses AMAALA, a beachfront resort located in the Triple Bay area of AMAALA, which will welcome its first guests starting in mid-July.  According to a recent RSG press release, this opening marks a new milestone in AMAALA’s journey as the destination continues to welcome guests to exceptional wellness experiences set amid a natural landscape where striking coastal cliffs, protected bays, pristine beaches, and the charm of mountainous desert scenery come together in harmony.  On this occasion, Group CEO of Red Sea Global John Pagano said: “We are committed to selecting our…

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