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Travel-related account hits largest deficit in 6 yrs in H1

SEOUL: Korea’s travel-related account recorded its largest deficit in six years during the first half of this year, driven by a surge in overseas travel, data showed.

The country posted a travel account deficit of $6.48 billion for the first six mont…

Extra-EU coconut imports worth pound 146 million

BRUSSELS: EU members imported 105, 104 tonnes of coconuts from extra-EU countries, valued at pound 146.0 million. Two-thirds (67 percent) of these imports were desiccated coconuts (70, 330 tonnes), while the remaining one-third (33%) consisted of fres…

Saudi Arabia’s reserves grow 6% to $452.8 bn in July

RIYADH: Saudi Arabia’s official reserve assets increased to SR1.7 trillion ($452.8 billion) in July, marking a 6.06 percent year-on-year rise, according to recent data.

According to Arab News, data from the Saudi Central Bank, known as SAMA, revealed…

Bayanat, Yahsat launch UAE’s first SAR satellite

CALIFORNIA: Bayanat AI PLC (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company PJSC (ADX: Yahsat), the UAE’s flagship satellite solutions provider, today announced the successful launch of…

Gas reserves in European UGS approach 88.5%

MOSCOW: Gas reserves in European underground gas storage (UGS) facilities have approached 88.5%. Gas pumping into European UGS facilities amounted to 315 million cubic meters on August 14, according to data provided by Gas Infrastructure Europe (GIE)….

2024 hottest year in Austria’s measurement history

VIENNA: The year 2024 could be the hottest year in Austria’s measurement history, according to the latest data from the country’s national weather service, Geosphere Austria.

Numerous heat records have already been broken, according to Geosphere.

In…

Beijing launches drone delivery service on the Great Wall

BEIJING: Beijing has launched its first unmanned aerial vehicle (UAV) logistics delivery route in the Badaling section of the Great Wall, which enables tourists to receive summer relief items and emergency supplies within minutes, said the Badaling sc…

China launches new remote sensing satellite group

XICHANG: China launched a Long March-4B carrier rocket on Friday to place a new group of remote sensing satellites in space, state news agench Xinhua reported Saturday.

The satellites of the Yaogan-43 01 group were launched at 3:35 p.m. (Beijing Time…

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