Tag:

Industry

Iran’s carpet industry collapses as exports nearly hit zero after decades of decline

Iran’s handwoven carpet exports, once worth nearly $2.5 billion annually, have now “virtually stopped,” according to a provincial industry official, marking a dramatic decline in one of the country’s most traditional export sectors.

14 May 2026-11:37
TSMC bets big on AI as chip industry eyes record growth

14 May 2026-08:56
Honda posts first annual loss in nearly 70 years

14 May 2026-08:52
What does Equinox Gold’s acquisition of Orla Mining mean for the gold industry?

Equinox Gold has announced plans to acquire Orla Mining in a major transaction that would create a North America focused gold producer with an implied market value of approximately $18.5 billion.

13 May 2026-14:25
Why are the UAE and South Korea deepening AI relations?

United Arab Emirates and South Korea are expanding cooperation in artificial intelligence as both countries seek stronger positions in the rapidly growing global AI industry.

13 May 2026-10:32
How is artificial intelligence transforming sports in China?

Artificial intelligence and digital technologies are rapidly changing the sports industry in China, influencing everything from elite athlete training and fan engagement to sportswear production and public fitness systems.

13 May 2026-06:45
Azerbaijan deputy defense minister visits SAHA 2026

A delegation led by Azerbaijan’s Deputy Minister of Defense Agil Gurbanov has paid a working visit to Türkiye to participate in the SAHA 2026 International Defence and Aerospace Exhibition.

08 May 2026-20:21
Anthropic weighs fundraising for near $1 trillion valuation

Artificial intelligence startup Anthropic is considering raising tens of billions of dollars this summer to finance a major expansion of its computing infrastructure, according to a report by the Financial Times on Friday.

08 May 2026-09:14
Germany poised for industry win in AI negotiations

Germany is pushing to revise the EU’s artificial intelligence regulations to reduce the burden on its struggling industrial giants like Siemens and Bosch.

06 May 2026-18:17
"Hokum" brings desert chills to UAE cinemas this week - VIDEO

The horror film “Hokum,” backed by Abu Dhabi, is set to release in UAE cinemas, offering audiences a story rooted in regional settings and themes.

06 May 2026-15:11