Startup founders are shifting towards the Gulf region. Tax benefits and easy regulations attract them. Nations like UAE and Saudi Arabia are key destinations. Government support boosts growth in sectors like Fintech and AI. Long-term residency options are available. This shift creates a vibrant startup ecosystem. It offers access to capital and regional expansion.
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The top military chiefs of South Korea, the United States and Japan met in Seoul Friday, as US President Donald Trump piles pressure on Washington's allies over defence spending and trade. Trump, who has also threatened Seoul with 25 percent tariffs unless they can negotiate a trade deal, said South Korea "should be paying for their military".
Saudi Arabia has opened its main stock market, Tadawul, to direct investment by GCC residents for the first time. The move expands access beyond previous limits and is part of wider reforms to attract regional and global investors. It aligns with Vision 2030 goals to diversify the economy, boost market liquidity, and strengthen the Kingdom’s financial leadership in the Gulf.
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A young Chinese man, Xiaolin, sparked a massive search after disappearing into the mountains near Hangzhou for six days following a breakup. Leaving his phone behind, he trekked through several districts, surviving on wild fruit and spring water. Authorities, aided by volunteers and specialized teams, located him in stable condition.
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