PM Modi and Meloni highlight a Special Strategic Partnership as India and Italy expand cooperation in innovation, technology and diplomacy.
Business
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion.
EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi group.
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.
The Bharat Maritime Insurance Pool gives India domestic cover for hull, cargo, P&I and war risk on ships tied to Indian trade routes now.
Travel
Etihad Airways will operate double daily Airbus A380 flights to Paris from July 1, expanding Abu Dhabi service to three daily flights.
South Korea US$665.5 million Industrial Growth Fund expands financing for manufacturing AI, R&D commercialization and regional industry growth.

