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Global Roundup: UAE-India Trade Exceeds $100 Billion, Iran Ranks 7th in Steel Production

Trade between the UAE and India surpasses $100 billion for the first time as Iran ascends to become the world’s seventh-largest steel producer, according to recent reports.

According to the International Desk of Webangah News Agency, Chinese researchers analyzing samples from the Chang’e-6 mission have discovered that the high stickiness of lunar soil on the far side of the moon is due to extremely fine, angular particles exposed to harsh deep space conditions.

In foreign trade news, the volume of trade between the United Arab Emirates and India has exceeded $100 billion for the first time. The two countries have also agreed to remove trade barriers and increase non-oil exports.

Data from the World Steel Association indicates that Iran has climbed three places to become the seventh-largest steel producer globally, maintaining its leading share of production in the region.

The Egyptian government announced that artificial intelligence is projected to contribute 7.7% to the country’s GDP by 2030. The plan focuses on developing a digital workforce, enhancing cyber resilience, and expanding green technologies.

Indonesia and South Africa have agreed to mutually abolish visa requirements, aiming to strengthen human connections and expand cooperation between the two nations.

Brazil’s health regulatory agency has approved the use of the world’s first single-dose vaccine against dengue fever. Produced by the Butantan Institute, the vaccine is suitable for individuals aged 12 to 59.

Direct investment from the UAE into the Kazakh economy has doubled in the first half of 2025. The two countries are also discussing the creation of a joint innovation center for the digitalization of public administration.

In Russia, researchers at the Boreskov Federal Research Center and Novosibirsk State University are developing new compounds for producing self-cleaning fabrics and coatings, a technology with potential applications in medical and laboratory settings.

Indonesia has announced that it will commence construction of seven environmentally friendly power plants from 2026. These plants will process 12,000 tons of municipal waste daily and generate approximately 197 megawatts of electricity. According to the national plan, the number of these facilities will increase to 33 by 2029.

Ethiopia aims to set a new record in coffee exports. The government forecasts that coffee exports will reach 600,000 tons in the current financial year, generating over $3 billion in revenue.

 

©‌ Webangah News Agency, Mehr News Agency, TV BRICS, World Steel Association
English channel of the webangah news agency on Telegram
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