Author: israeldailyreport.com

Samsung cash pile tops 200 trillion won, a first in Korea

– Samsung Electronics is set to become the first South Korean company to hold more than 200 trillion won ($146.6 billion) in cash assets, lifted by an AI-driven chip supercycle. Its cash and short-term financial assets are estimated at 214.8

Abdullah bin Zayed and Tanzania’s Kombo discuss bilateral ties

– Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s Deputy Prime Minister and Minister of Foreign Affairs, received Mahmoud Thabit Kombo, Tanzania’s Minister of Foreign Affairs and East African Cooperation, in Abu Dhabi on Saturday. The two sides discussed bilateral

GCC signs general agreement on regional railway in Manama

– The General Agreement for the GCC Railway Project was signed in Bahrain on Sunday, on the sidelines of the 31st meeting of the GCC Ministerial Committee on Transport and Communications. The signing was attended by Prince Salman bin Hamad

WHO reports 67 yellow fever cases in nine African countries

– The World Health Organization has warned of continued yellow fever outbreaks in Africa after 67 confirmed cases were recorded across nine countries. The cases, including 18 deaths, were reported between January 1 and October 12, 2026. The affected countries

FAO food price index falls 1.2% in October on cheaper cereals

– Global food prices declined in October, though they remained 5.9% higher than a year earlier, the Food and Agriculture Organization of the United Nations (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in the

Egypt’s foreign reserves hit record $57.5 billion in October

– Egypt’s net international reserves rose to a record $57.5 billion at the end of October 2026, up $151.6 million from September, according to data released by the Central Bank of Egypt (CBE). Reserves stood at $57.4998 billion at the