Tag : South Korea

Technology

AI boom lifts South Korea ICT exports above 260 billion dollars in 2025

omandailynews.com
MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data showed ICT shipments reached approximately $264 billion for the year, marking one of the strongest......
News

South Korea online sales hit record 16.75 billion in November

omandailynews.com
MENA Newswire,  SEOUL: Online shopping sales in South Korea reached a record 24.15 trillion won (US$16.75 billion) in November, marking a 6.8 percent increase from the same period a year earlier, according to data released by the Ministry of Data and Statistics. The figure represents the highest level recorded since the ministry began compiling......
Business

UAE and Korea strengthen cooperation in energy and advanced industry

omandailynews.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO. The visit included......
Business

Semiconductor demand drives South Korea’s ICT exports to record high

omandailynews.com
South Korea’s ICT exports surged for the 11th month, reaching $22.4 billion in September, driven by semiconductor sales and strong demand for AI technology. ICT trade surplus hit $9.88 billion....
Business

South Korea reinstates Japan on export white list to boost economic ties

omandailynews.com
South Korea has reinstated Japan on its “white list” of trusted trading partners, a significant step towards mending their bilateral economic and diplomatic ties. Three years ago, Japan was removed from the list, which grants expedited trade processes for approved countries. The decision was announced by South Korea’s Ministry of......
News

South Korea opposes North Korean satellite acquisitions

omandailynews.com
The South Korean government banned dozens of materials used by North Korea in satellite development from being exported via a third country. The move is meant to prevent the secretive nuclear-armed nation from circumventing Security Council sanctions. In spring, Pyongyang plans to launch a military reconnaissance satellite, South Korean News......
Health

New COVID-19 infections rebound to over 15,000 in South Korea

omandailynews.com
Following the extended weekend, the number of COVID-19 cases in South Korea rebounded to over 15,000, though daily infections have been decreasing. According to Yonhap, the Korea Disease Control and Prevention Agency (KDCA) reported 15,476 new COVID-19 infections, including 95 from overseas, bringing the total caseload to 24,995,246. After waning......