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Chicago Commodity Exchange Commission corn, wheat and soybean futures rose on Thursday as a weaker dollar made U.S. crops more affordable for importers using other currencies and speculators bought into the rally. The most active corn contract on the Chicago Board of Trade (CBOT) rose 0.2% to $4.31 a bushel by 5:09 a.m. Japan time, while CBOT soybeans rose 0.2% to $10.77-1/2 a bushel and wheat rose 0.3% to $5.37-3/4 a bushel. On Wednesday, corn hit a 2-1/2-week high, and on the same day, wheat hit an 8-week high and soybeans hit a 7-week high. “It’s all about the weakening…

KHARTOM – Dozens of people were killed and several others injured in a Rapid Support Force (RSF) drone attack targeting a rally in a major city in Sudan’s war-torn South Kordofan state on Wednesday, local media reported.The Sudan Tribune newspaper reported, citing local sources and medical organizations, that several areas in Diring were attacked by suicide drones, including the headquarters of the Sudanese army’s 54th brigade and the central market.The latest RSF attack came a day after the government-aligned Sudanese Armed Forces (SAF) announced it had broken a nearly two-year RSF siege on Diring and gained control of a key…

The Saudi-Austrian Investment Roundtable was held in Riyadh today, chaired by Investment Minister Khalid al-Falih and European and International Affairs Minister Beate Meinl Reisinger, and attended by more than 22 Saudi officials from government and private sector representatives, including the Saudi Federation of Chambers of Commerce and Industry, the Public Investment Fund, and the Saudi Export-Import Bank. A delegation from the Austrian side included 13 leading companies specializing in seven important sectors, including the real estate sector. IoT solutions for construction, healthcare, renewable and green energy technologies, and environmental monitoring.Organized by the Riyadh Ministry of Investment, the conference aims to…

DUBAI – Dubai Aerospace Enterprises (DAE) announced on Thursday that it has reached a lease agreement with Royal Air Maroc for 13 new Boeing 737-8 aircraft. The aircraft is expected to be delivered in 2027. This follows an earlier agreement to lease two Boeing 737-8 aircraft to Royal Air Maroc, with delivery scheduled for 2025. “The Kingdom of Morocco is rapidly growing as Africa’s tourism and business hub, with expanding air connectivity led by Royal Air Maroc. We look forward to introducing these new Boeing 737-8 aircraft to our fleet and look forward to continuing to support Royal Air Maroc…

LONDON/SYDNEY – Global stocks rose on Thursday as investors remained optimistic about earnings ahead of Apple’s results, while gold hit a record high and oil prices rose on tensions between the United States and Iran. The Euro STOXX 600 index rose 0.5% as crude oil and precious metal prices rose, while the British, Spanish and French indexes all rose. German stocks fell 0.6%. With prospects of a U.S. interest rate cut before the summer fading, the market is counting on earnings to keep stock prices rising. On Wednesday, the Federal Reserve kept interest rates on hold as widely expected, but…

RIYADH — Saudi Arabia has begun implementing its national privatization strategy following cabinet approval, Finance Minister Mohammed al-Jadaan announced. This is a new phase aimed at improving the quality of infrastructure, improving public services and increasing private sector participation in economic development.Al-Jadaan, who is also the Chairman of the Board of the National Center for Privatization, said the strategy was approved by the Cabinet on November 25, 2025 and is in line with the goals of Vision 2030 in terms of improving service efficiency, strengthening public-private partnerships, and supporting the Kingdom’s long-term financial sustainability.“We aim to establish a high-quality, efficient…

Prince Hossam bin Saud bin Abdulaziz, Governor of Al Baha Region, has directed the handing over of completed housing units to the neediest households in Al Makwah Governorate, as part of his ambition to provide suitable housing to targeted groups and increase social stability in the region.Yesterday, Dr. Ali bin Mohammed Al Thawat, Mayor of Al Baha Region, and Ghalab bin Ghaleb Abu Kasheim, Governor of Al Makwa Province, visited a number of local ready-made houses, accompanied by a number of officials from relevant authorities, in the presence of Masih Al Omari, Chairman of the Association for Development and Housing…

Abu Dhabi Airports, which operates the emirate’s five airports, including the flagship Zayed International Airport (AUH), recorded annual passenger numbers of more than 33 million in 2025, the highest number of travelers in the emirate’s history. This sustained trajectory has seen traffic volumes at the emirate’s five airports double in the past three years, with AUH emerging as the fastest growing mega-airport in the Europe, Middle East and Africa (EMEA) region, based on the latest traffic statistics. Beating all previous traffic records in the emirate was made possible by the continued expansion of the airport’s international network as the airline…

The Environmental Safety Task Force arrested a citizen who violated environmental regulations by appearing in a video content displaying fungi without a license for sale in the Asir region, and legal proceedings against him have been completed.The Environmental Safety Task Force emphasized compliance with the Environmental Law and its enforcement regulations, which prohibit the display of fungal organisms without permission, and the fine (20,000 riyals) for exhibiting captured wildlife and 25,000 riyals (25,000 riyals) for hunting rock hyraxes.The Environmental Safety Task Force confirmed that it is following up on environmental violations published through various platforms and will take all legal…

The Ministry of Commerce has announced that the business season for the holy month of Ramadan will begin on February 1, 2026, on Sha’ban 13, 1447, and will continue until March 26, 2026, on Shawar 7, 1447.The ‘Ramadan Sale’ season goes beyond Eid al-Fitr and includes all Ramadan goods and products, as well as Eid supplies. The Ministry allows commercial establishments and electronics stores to apply for sales licenses electronically through sales.mc.gov.sa.The 54-day Ramadan sales season aims to encourage consumers to shop early and avoid last-minute crowds.Inspection tourElectronic submission of discounts is intended to allow establishments and e-stores to easily…