Browsing: Business

– Pakistan’s federal state-owned enterprises had accumulated liabilities totaling approximately $36.5 billion at the end of December 2025. This figure represents a 14.3% increase from the previous year, adding around $4.7 billion at current exchange rates. The Ministry of Finance

– According to UN Trade and Development, the UAE’s outward foreign direct investment (FDI) in 2025 amounted to $63.353 billion. By the end of the year, the country’s total outward FDI stock had reached $402.729 billion. This represents a significant

– Pakistan saw another increase in petrol prices on October 6 following the latest daily fuel price revision. The cost of petrol went up by Rs0.88 per litre to Rs393.64, building on the rise from three days prior. Conversely, high-speed

– During high-level discussions in New Delhi on Monday, India and Switzerland formalized five new cooperation agreements. Prime Minister Narendra Modi and Swiss President Guy Parmelin spearheaded the negotiations. These agreements encompass areas such as migration, young professionals, transport infrastructure,

– Oil prices maintained their position around $102 per barrel on Monday, after Brent briefly surpassed $103 during early trading. At 0900 GMT, Brent crude futures increased by 5 cents to reach $102.30 a barrel. Meanwhile, U.S. West Texas Intermediate

– Renault Group announced plans to invest more than €10 billion in France over the next five years, according to Chief Executive François Provost on October 3. The investment will primarily target the development of electric vehicles and more budget-friendly

South Korea saw its consumer price index for September increase by 2.9 percent annually, mainly driven by ongoing rises in fresh agricultural produce and energy commodities. Data from Statistics Korea shows consumer prices continued their upward trend, influenced by severe

– India’s Commerce and Industry Minister Piyush Goyal is participating in the G20 Trade Ministers’ Meeting and bilateral trade discussions in the United States. The event takes place in Milwaukee on September 30 and October 1. According to India’s Commerce

– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema convened in Abu Dhabi on September 29 to explore ways to enhance their economic partnership. Hichilema’s visit followed the start of his second presidential term earlier

– Abu Dhabi has seen the most significant global advancement in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The UAE capital moved up eight positions to rank 33rd worldwide, with a combined score