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Top startups take centre stage at GITEX Global 2025

[ DUBAI: Pakistan’s TechDestination Pavilion was officially inaugurated on Monday at GITEX Global 2025, marking a major milestone in the country’s growing role as a global technology hub. According to a statement issued by the Ministry of Information Technology and Telecommunications (MoITT), the inauguration ceremony was led by Federal Minister for IT and Telecom Shaza … Read more

Pakistan ready for crucial away clash against Afghanistan, says Solano

Pakistan national football team head coach Nolberto Solano has expressed confidence ahead of the team’s away fixture against Afghanistan in the AFC Asian Cup Saudi Arabia 2027 Qualifiers, scheduled to be played in Kuwait on October 14. Speaking at the pre-match press conference, Solano said the squad remains focused and eager to build on their … Read more

Samsung’s highest Q3 profit in years, AI demand lifts chip prices

Samsung Electronics is expected to post its highest third-quarter profit since 2022, driven by higher memory chip prices supported by server demand as customers rebuild inventories, analysts’ estimates showed. The world’s biggest maker of memory chips is projected to report an operating profit of 10.1 trillion won ($7.11 billion) for the July-September period, according to LSEG SmartEstimate from 31 analysts, which is weighted toward those who are more consistently accurate. … Read more

Algeria signs $5.4b oil, gas deal with Saudi firm

[ ALGIERS: Algeria’s state-owned energy company Sonatrach said on Monday it has signed a contract worth around $5.4 billion with Saudi Arabia’s Midad Energy for oil and gas exploration and development in Algeria’s Illizi Basin. The production-sharing contract spans 30 years with an option to extend for an additional 10 years and includes a seven-year … Read more

Tariff talk clouds IMF, World Bank meetings

[ WASHINGTON: Finance chiefs gathering in Washington this week were ready to discuss the global economy’s surprising resilience in the face of Donald Trump’s tariff assaults – until US-China trade war rhetoric reignited with the US president threatening 100% duties on Chinese imports and whipsawing financial markets. The annual meetings of the International Monetary Fund … Read more

Cape Verde erupts in celebration after first World Cup qualification

PRAIA GRANDE: A carnival-like atmosphere erupted in the streets of Cape Verde’s capital Praia on Monday after the tiny archipelago nation qualified for the World Cup for the first time. Honking horns and street fireworks greeted euphoric fans pouring out of the Cape Verde National Stadium following the 3-0 victory over Eswatini, which secured the … Read more