US

Severe winter storms disrupt travel across UK and Germany, heaviest snowfall possible in parts of US

A massive winter storm brought snow, ice, and freezing rain to Europe and the U.S. this week, creating hazardous travel conditions and widespread disruption. Some parts of the United States may experience the “heaviest snowfall in a decade.” Authorities in...

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has announced a strategic investment in xAI, the artificial intelligence company founded by Elon Musk.

World’s first nuclear fusion power plant to be built in Virginia

Virginia is set to make history as the site of the world’s first grid-scale nuclear fusion power plant, scheduled to begin generating electricity by the early 2030s, announced Commonwealth Fusion Systems (CFS).

Pakistan defends ballistic missile development, calls US sanctions ‘discriminatory’

Pakistan strongly criticized the United States' latest sanctions on its ballistic missile program, describing them as “discriminatory” and harmful to regional peace and stability.

Archer raises $430 million and teams up with Anduril to develop hybrid VTOL aircraft for defense

Archer Aviation, a cutting-edge aviation startup, secured $430 million to develop a hybrid vertical take-off and landing (VTOL) aircraft for critical defense applications

World’s 25 Richest Families in 2024: Waltons claim the top spot, UAE royalty ranks second

The Walton family, renowned for founding retail giant Walmart, has been crowned the wealthiest family in the world

Biden administration designates UAE as ‘major defense partner’ during MBZʼs first official US visit

U.S. President Joe Biden designated the UAE as a “major defense partner” following a historic meeting between the UAE President Sheikh Mohamed bin Zayed Al Nahyan and the US President at the White House.

Huawei’s tri-fold smartphone gets 4 million pre-orders as Apple launches new AI-boosted iPhone 16

Chinese tech giant Huawei secured over 4 million pre-orders for its upcoming tri-fold smartphone, the Mate XT, just hours after Apple introduced its new iPhone Pro and iPhone 16 Pro Max.

Climeworks switches on world’s largest carbon removal plant

Climeworks, the pioneering company in carbon capture technology, activated Mammoth, the largest direct air capture and storage plant globally. 

Sweden officially joins NATO, ending 200 years of neutrality

Sweden officially became the 32nd member of NATO, marking the end of its neutrality since World War II and its centuries-long stance of not aligning with major powers.
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Pakistan eyes bigger share of global Halal Market with $50 billion export ambition

Pakistan is targeting a $40 billion to $50 billion export opportunity in the global Halal economy as it seeks to expand its market share through value-added production, internationally recognized certification and investment in Halal industries.
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