Author: khaleejpress.com

NEW YORK: Silver prices fell sharply on Thursday, extending a volatile run for the metal as fresh U.S. labor data pushed the U.S. dollar higher and pressured precious metals. Spot silver was down 8.9% at $76.54 per ounce by early afternoon in New York trading, after rising about 4% a day earlier. At the session low, silver traded around $74.4 per ounce, a drop of more than 10% on the day. The selloff followed new U.S. employment figures showing the job market began 2026 on firmer footing than expected. Total nonfarm payrolls rose by 130,000 in January and the unemployment rate was 4.3%, according…

SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025, and marked its strongest annual financial and operational performance to date. The company said pre-tax net profit rose 14% from AED 1.6 billion in 2024, while annual turnover increased 15% to more than AED 7.78 billion, up from AED 6.76 billion a year earlier. Net profit after tax was AED 1.62 billion, compared…

ABU DHABI: Etihad Airways carried 2.2 million passengers in January 2026, the Abu Dhabi based airline said in its monthly traffic update, reporting a 29% increase from 1.7 million passengers in January 2025. The carrier also reported a passenger load factor of 89.9% for the month, compared with 89.1% a year earlier, reflecting continued high seat occupancy at the start of the year. Etihad said it operated an average passenger fleet of 127 aircraft in January, up from 101 in the same month last year, as it expanded capacity across its network. The airline reported 110 destinations in its network listing, compared…

CALIFORNIA: Sony Interactive Entertainment and Santa Monica Studio announced on February 12 that the original God of War trilogy is being remade, reviving the series’ Greek era in a project the studio said is still in very early development. The announcement was made during a PlayStation State of Play presentation and was accompanied by a message from Santa Monica Studio asking for patience, saying it will be some time before more information can be shared. Sony did not disclose a release date, platform list, pricing, or gameplay footage for the trilogy remake. The original God of War launched on PlayStation 2 in March 2005, introducing Kratos…

SAN FRANCISCO: Google has launched an official YouTube app for Apple Vision Pro, making “YouTube for visionOS” available as a free download in the visionOS App Store. The release brings a native YouTube viewing experience to Apple’s mixed reality headset, with the app described as a spatial watch experience designed for viewing YouTube content in an immersive environment. The App Store listing says the app lets users explore content across YouTube, including standard rectangular videos and YouTube Shorts, alongside immersive formats. It also offers a signed-in experience, allowing access to subscriptions, playlists and watch history, aligning the headset experience with core…

EuroWire, PETROPAVLOVSK-KAMCHATSKY: The 6th Sustainable Development Forum is scheduled to be held in Petropavlovsk-Kamchatsky from Feb. 17 to Feb. 21, bringing together government officials, business representatives and industry specialists for a multi day program focused on regional development in Kamchatka Krai and the wider Russian Far East. Organizers describe the forum as an interregional platform covering multiple sectors, with the Government of Kamchatka Krai leading preparations and support involving the Ministry for the Development of the Russian Far East and Arctic, the office of the presidential envoy in the Far Eastern Federal District, and the Roscongress Foundation. The forum is also positioned as a network…

HANOI: Vietnam recorded its strongest ever month for inbound tourism in January 2026, welcoming nearly 2.5 million foreign visitors, according to official statistics. The total was the highest monthly figure on record and marked a sharp rise from the end of 2025, underscoring the pace of recovery in Vietnam tourism and international travel demand. Authorities reported the January performance as a key early-year milestone after Vietnam posted another strong year for foreign arrivals in 2025. Official data put January’s international arrivals at 2,453,724, up 21.4% from December 2025 and up 18.5% from January 2025. Air travel remained the dominant entry route, with…

ABU DHABI, Feb. 9, 2026: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Egyptian President Abdel Fattah El-Sisi on Monday upon his arrival in Abu Dhabi, marking the start of a fraternal visit between the two countries, according to official information released in the UAE capital. President El-Sisi arrived at the Presidential Flight terminal in Abu Dhabi, where Sheikh Mohamed bin Zayed welcomed him in line with state protocol for visiting heads of state. The reception formed part of the official arrangements accompanying the visit and reflected the regularity of high-level exchanges between the leaderships of the United Arab Emirates and Egypt. Also present to…

SEOUL: Samsung Electronics said it is on track to begin delivering its next-generation HBM4 high-bandwidth memory products in the first quarter of 2026. The company said the HBM4 lineup will include products with 11.7 gigabits-per-second performance, as it expands sales of memory used in artificial intelligence servers and accelerators. Samsung did not name customers for the initial HBM4 deliveries, and it did not disclose shipment volumes in its earnings materials. In its fourth-quarter and full-year 2025 results, Samsung said its memory business posted record highs in quarterly revenue and operating profit, supported by higher sales of high-value products including HBM, server DDR5 and enterprise…

XI’AN: Chinese researchers have detailed a compact pulsed-power device designed to drive high-power microwave systems, describing a unit that can generate extremely high peak power while remaining small enough for transport. The work was published in the peer reviewed journal High Power Laser and Particle Beams and is attributed to researchers affiliated with the Key Laboratory on Science and Technology on High Power Microwave at the Northwest Institute of Nuclear Technology in Xi’an. The paper describes the system as a “compact lightweight Tesla-transformer pulsed power driver” built to produce short, intense bursts of electrical power for high-power microwave generation. Pulsed-power drivers are a core component…