US

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.

US Navy selects Anduril, Oceaneering and Kongsberg to develop undersea drones

The U.S. Navy has selected three dealers, Anduril Industries, Kongsberg Discovery, and Oceaneering International, to build prototypes of its new large undersea drones, aimed at countering current and future maritime threats. The Large Displacement Unmanned Underwater Vehicle (LDUUV) program seeks...
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Denmark and Greenland say US security deal will not compromise Greenland’s sovereignty

Denmark and Greenland said Saturday that a proposed security agreement with the United States will not compromise Greenland’s sovereignty, seeking to clarify President Donald Trump’s claim that Washington would gain “permanent control” over the Arctic territory’s security.
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