Author: gulf-daily.com

STUTTGART, November 19, 2025: Porsche has introduced the first fully electric version of its flagship SUV, the Cayenne, marking a pivotal moment in the brand’s electrification program. The new Cayenne Electric delivers up to 850 kW, equivalent to 1,156 PS, accelerating from zero to 100 km/h in 2.5 seconds and offering a range of up to 642 kilometers on a single charge. The model represents the most powerful production Porsche to date and a major milestone in the company’s electric transformation. The Cayenne, first launched in 2002, became a cornerstone in Porsche’s global success, bringing sports car performance into the SUV category. More than…

LONDON, NOVEMBER 18, 2025: A significant technical failure at Cloudflare, one of the internet’s largest infrastructure providers, has caused widespread disruption across the global web, taking down numerous high-traffic websites including the social media platform X, formerly known as Twitter. The outage, which was first observed shortly before noon in the UK, rapidly highlighted the critical concentration risk inherent in centralized web services. Cloudflare’s technical problems led to error messages being displayed to users attempting to access platforms that rely on its extensive global network for crucial performance and security functions. The incident marks another instance of a single point of failure…

SEOUL, November 17, 2025: Samsung Group announced on Sunday that it will invest $310 billion over the next five years to expand its technology capacity, with a focus on artificial intelligence and advanced semiconductors. The South Korean  conglomerate said the investment aims to meet the growing global demand for high-performance chips that support AI-driven systems. The company confirmed that a significant portion of the funding will be used to construct a new semiconductor manufacturing facility, Pyeongtaek Plant 5, within its existing chip complex in Pyeongtaek, south of Seoul. The plant is being developed to address increasing demand in memory-chip production and to enhance the…

Sharjah, United Arab Emirates: The Sharjah International Book Fair 2025 marked a defining cultural highlight with the debut of Marwa and Mervat and the Snake, a handwritten children’s book by acclaimed Emirati storyteller Heba Al Mansoori, widely known as “Al-Haka’ah.” The title, launched on Saturday, drew enthusiastic praise from readers and strong interest from parents, educators, and literary critics attending one of the region’s most significant annual book events. Published by Erteqaa Publishing, Marwa and Mervat and the Snake delivers a story that balances simplicity with profound themes of identity, patriotism, and belonging Written entirely in Al Mansoori’s own hand and complemented by vivid, expressive…

ABU DHABI, November 14, 2025: Etihad Airways reported a record profit of AED 1.7 billion (US$463 million) for the first nine months of 2025, marking the strongest performance in the airline’s history. The result represents a 26 percent increase compared to the same period last year, as the national carrier of the United Arab Emirates maintained growth across passenger and cargo operations. Total revenue rose 18 percent year-on-year to AED 21.7 billion (US$5.9 billion), reflecting continued demand recovery and operational expansion. Passenger revenue reached AED 18.2 billion (US$4.9 billion), a 20 percent increase from 2024, while cargo revenue grew 8 percent to…

CAIRO, November 12, 2025: Egypt’s net international reserves have exceeded US $50 billion for the first time, marking 38 consecutive months of growth, according to official data released by the Central Bank of Egypt (CBE). The CBE stated that Egypt’s foreign reserves reached approximately US $50.07 billion at the end of October 2025, compared with US $49.53 billion at the end of September. This continuous rise represents one of the longest and most stable periods of reserve growth in the country’s recent financial history, highlighting a consistent improvement in Egypt’s external financial indicators. The central bank’s report confirmed that the composition of…

DUBAI, Nov 11: Dubai-based airline flydubai has signed the International Air Transport Association (IATA) Safety Leadership Charter, reinforcing its commitment to maintaining the highest standards of aviation safety and strengthening its internal safety culture. The signing marks a formal alignment between the airline’s leadership principles and the global framework established by IATA to enhance accountability and safety performance across the aviation sector. The charter was signed by flydubai Chief Executive Officer Ghaith Al Ghaith, joining more than 150 airlines worldwide that have adopted the initiative. Developed by IATA in collaboration with industry stakeholders, the Safety Leadership Charter promotes a shared commitment to proactive safety management,…

ABU DHABI, November 10, 2025: Thuraya, a subsidiary of Space42, has launched its next-generation mobile communications satellite, Thuraya-4, marking its first commercial rollout in South Africa. The expansion brings the company’s full suite of satellite communication services to the country and strengthens connectivity across key industrial and government sectors. The Thuraya-4 satellite deployment broadens national coverage and supports South Africa’s Vision 2030 digital inclusion framework, which aims to improve access to communication networks and enhance the efficiency of strategic industries. The new system complements ongoing national investments in telecommunications and space infrastructure, ensuring continuity and resilience in digital services across urban…

MANILA, November 6, 2025: President Ferdinand Marcos Jr. declared a state of emergency across the Philippines on Thursday after Typhoon Kalmaegi killed at least 114 people and left 127 others missing, making it the country’s deadliest natural disaster this year. The government said the storm caused widespread flooding, landslides, and infrastructure damage across several central provinces, with Cebu among the hardest hit. The Office of Civil Defence reported that most of the fatalities occurred in Cebu, where rivers and waterways overflowed after continuous torrential rains inundated low-lying communities. Many victims drowned in flash floods that struck as the typhoon made landfall on Tuesday, prompting large-scale evacuations and…

DUBAI, November 6, 2025: The Emirates Group reported a record half-year profit of AED10.6 billion (US$2.9 billion) for the first six months of the 2025–26 financial year, a 13 percent increase over the same period last year. The Group’s profit before tax rose to AED12.2 billion (US$3.3 billion), marking the fourth consecutive year of record profitability for the half-year reporting period. Revenue for the Dubai-based aviation and travel services conglomerate reached AED75.4 billion (US$20.6 billion), up 4 percent from AED70.8 billion (US$19.3 billion) last year. The company also reported a strong EBITDA of AED21.1 billion (US$5.7 billion), 3 percent higher year-on-year. As of…