News
UAE and U.S. officials reviewed strategic ties in Washington, focusing on trade, investment, energy and artificial intelligence, the UAE said.
Sheikh Mohamed and Brazil’s Lula discussed UAE-Brazil cooperation, including Mercosur trade talks, technology, renewable energy, space and logistics.
Business
Bank of Korea held rates at 2.5% and launched dot plot guidance as it lifted 2026 growth forecast and flagged housing, debt and won risks.
Zimbabwe has suspended exports of raw minerals and lithium concentrates with immediate effect, including cargo already in transit, officials said.
UN ESCWA projects Arab region growth of 3.7% in 2026 from 2.9% in 2025, with inflation easing, exports rising and performance diverging by income group.
Pakistan rice export earnings fell 40.5% to $1.31bn in July to January, while India 2025 shipments rose to 21.55m tonnes, pressuring prices.
Egypt says crude output has started from Belayim Marine 133 in the Gulf of Suez at about 1,500 bpd, drilled by Petrobel under EGPC and Eni.
Egypt’s central bank says remittances from citizens abroad rose 40.5% in 2025 to a record $41.5bn, up from $29.6bn in 2024.
Technology
OpenAI will take 100MW of AI data center capacity in India from Tata’s TCS HyperVault, scalable to 1GW, under its OpenAI for India initiative.
Abu Dhabi Crown Prince Sheikh Khaled met PM Narendra Modi in New Delhi at the AI Impact Summit, as UAE and India advanced health, finance and AI compute deals.
At India AI Impact Summit 2026 in New Delhi, PM Narendra Modi called for human centric AI, glass box safety rules and data sovereignty, citing India’s AI Mission.
UAE Crown Prince Sheikh Khaled bin Mohamed arrived in New Delhi for the India AI Impact Summit, through Feb 20, highlighting talks on responsible AI governance.


