Browsing: Business
– Pakistan’s federal state-owned enterprises reported total liabilities of approximately $36.5 billion at the end of December 2025. The figure marked a 14.3% increase from the previous year, translating to an additional roughly $4.7 billion at current exchange rates. These
– In 2025, the UAE’s outward foreign direct investment totaled $63.353 billion, as reported by UN Trade and Development. By year’s end, the country’s total outward FDI stock had climbed to $402.729 billion, up from $55.560 billion in 2010. This
– Pakistan has again increased petrol prices on October 6, following a rise announced three days prior. The latest revision saw petrol prices go up by Rs0.88 to Rs393.64 per litre, while high-speed diesel decreased by Rs1.88 to Rs397.76 per
– On October 5, in New Delhi, India and Switzerland formalized their partnership by signing five agreements and arrangements following high-level discussions. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the talks during Parmelin’s three-day state visit. The
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,
– Renault Group plans to allocate more than €10 billion in France within the next five years. Chief Executive François Provost announced this pledge on October 3. The investment aims to boost electric vehicle production and develop more affordable models.
Driven by persistent increases in fresh agricultural produce and energy commodities, South Korea’s September inflation rate reached an annual growth of 2.9 percent. Reports from Statistics Korea reveal that severe weather conditions during summer disrupted harvests nationwide, leading to higher
– During his visit to the United States, India’s Commerce and Industry Minister Piyush Goyal is participating in trade discussions alongside the G20 ministerial summit. The G20 Trade Ministers’ Meeting is scheduled in Milwaukee on September 30 and October 1,
– UAE President Sheikh Mohamed bin Zayed Al Nahyan held discussions with Zambian President Hakainde Hichilema in Abu Dhabi on September 29. Their talks centered on boosting trade, attracting investment, renewable energy initiatives, and infrastructure development. The leaders also examined
– Abu Dhabi has achieved the most significant global progress in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The UAE capital moved up eight spots to reach 33rd worldwide, earning a composite score
