UAE and Egyptian central banks confirm full cooperation and coordination on matters relating to Banque Misr’s UAE branch.

IRNA reported Iran has completed the legal and administrative procedures required to establish a joint free-trade zone with Turkey at Khoy in northwest Iran and is awaiting action from Turkey to advance and finalise the project. Hosein Forouzan, secretary of Iran’s Supreme Council for Free Trade-Industrial and Special Economic Zones, said the proposed joint zone has entered legal processes after negotiations and has been approved by the Iranian government; implementation will follow a bilateral memorandum of understanding. He highlighted the strategic importance of the Razi border crossing as a key Iran-Turkey trade route.

Musk said SpaceX and Tesla are racing to build an annual solar build capacity of 100 GW, but will still need natural gas over the next few years to supplement and start up solar generation. He said the bottleneck for gas-turbine production is casting blades and guide vanes; bringing casting in-house at SpaceX could bring turbines online up to 18 months faster, a potentially transformative improvement.