Israel okays deal with Lockheed Martin to buy F-35 fighter jets

• In May 2018, Israel's military said it had become the first country to use F-35s in combat.
• The deal to purchase 25 F-35 jets- expected to be signed in coming months - will expand the country's fleet of the aircraft to 75.

Sharjah’s literary organization SILA gets new director

• Since its creation in 2020, SILA has boosted communication between publishers, authors, translators, illustrators and other stakeholders.
• SILA also ensures publishers’ and writers’ rights are protected and stimulates the Arabic publishing market.

Iraq’s oil export revenues in June hit $7 billion, says SOMO

Iraq exports crude oil worth over US$7bn in June 2023

• The majority of these exports - amounting to almost 99 million barrels - originated from the oil fields in central and southern Iraq.
• The average daily export volume was pegged at over 3.3 million barrels. The average price per barrel for the month was recorded at $71.11.

Sudanese pound stays strong despite ongoing conflict

• Dr. Omar Khlaif Gharaibeh identifies localized conflict and reliance on local investment as key factors in maintaining currency stability
• Central Bank of Sudan's role in bolstering confidence in the banking sector is also crucial, adds the Al Al-Bayt University's Associate Professor

DEWA develops gateway connecting terrestrial sensors to satellites

• The gateway was developed by DEWA's Research and Development (R&D) Centre as part of the Space-D program.
• The device complies with international IoT device security standards, including OT security, the statement reads.

Iran makes US$54 billion in revenue from export of oil in 2022

• According to the estimate, Saudi Arabia earned the highest net oil export revenue among OPEC members in 2022, standing at $311 billion
• Iraq came second at $131 billion, followed by the United Arab Emirates with $119 billion, and Kuwait came fourth at $98 billion

In AI tussle, Twitter restricts number of posts users can read

• In the wake of Elon Musk's announcement, "goodbye Twitter" was a trending topic in the United States
• The day before, he had announced that it would no longer be possible to read tweets on the site without an account

DFM adds new investor accounts

• The new investor accounts at the bourse climbed more than 48 percent during the first five months of this year as against 18,204 last year
• Since the listing of companies such as DEWA, TECOM Group and many others, the market has witnessed significant momentum

Jordan medical, pharmaceutical exports see 30% growth in first 5 months of 2023

• Jordan's exports from the pharmaceutical, medical supplies sector for the first five months of 2023 reached approximately US$375 million.
• The growth has been possible due to regularization, recovery of supply chains, and uninterrupted supply of raw materials and production inputs.