Erdogan stresses need for local defense industry

Turkish President Recep Tayyip Erdogan stressed on Friday the importance of investing in local defense industry, after the wireless communication explosions in Lebanon.

This came about during an event for the Gendarmerie and security forces in Istan…

Arab bourses’ market cap hit $4.268 trillion in August

The market cap of Arab stock exchanges reached $4.268 trillion at the end of August 2024, marking a growth of 0.52%, equivalent to $22 billion, compared to $4.246 trillion at the end of July 2024, according to the Arab Monetary Fund (AMF).

The AMF’s…

China successfully launches 6 new satellites

China sent six new satellites into space on Friday from the Taiyuan Satellite Launch Centre in north China’s Shanxi Province.

According to Xinhua News Agency, the Jilin-1 Kuanfu 02B 01-06 satellites were launched at 12:11 pm (Beijing Time) aboard a …