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2026-08-10T06:56:00.000Z

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Abu Dhabi Market Cap Hits 2.8T Dirhams

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20 Hrs2026-08-10T11:26:00.000Z
Abu Dhabi Market Cap Hits 2.8T Dirhams

Egyptian city inflation rises to 14.9% in July

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21 Hrs2026-08-10T09:43:00.000Z
Egyptian city inflation rises to 14.9% in July

Gold rate in Saudi Arabia 100g at 52,902 Riyals

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22 Hrs2026-08-10T09:24:00.000Z
Gold rate in Saudi Arabia 100g at 52,902 Riyals

Wheat prices hit weekly high

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22 Hrs2026-08-10T08:49:00.000Z
Wheat prices hit weekly high

Riyad Bank raises 13.59B SAR via sukuk at 6.5% quarterly return

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23 Hrs2026-08-10T07:53:25.329Z
Riyad Bank raises 13.59B SAR via sukuk at 6.5% quarterly return
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Pentagon Sets 21-Day Deadline for Defense Weapon Schedules

Pentagon Sets 21-Day Deadline for Defense Weapon Schedules

The U.S. Department of Defense has focused on accelerating the production and delivery of weapons, particularly munitions suffering from a severe shortage due to the war with Iran. They have asked defense industry companies to submit plans to increase production capacity within 21 days. The goal is to address the depletion of the American stockpiles of Patriot and THAAD missiles, which have fallen below 827 and 278 units respectively. This effort is part of broader initiatives to manage tensions caused by the weapons shortage, with the Pentagon emphasizing the need to meet demand more quickly through investments, facility expansions, and supportive funding from Congress. Developing and strengthening defensive capabilities depends on cooperation between companies and the government, but faces challenges due to congressional gridlock over the defense budget.

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