Browsing: Business

– Oman’s electricity generation saw a 4.3% year-on-year increase during the first eight months of 2026, reaching a total of 37,481.8 gigawatt-hours compared to 35,935.3 GWh in the same period of 2025. The rise amounted to approximately 1,546.5 GWh. Preliminary

– Through the beginning of October 2026, Indonesia attracted Rp131.1 trillion, approximately $7.33 billion, in foreign capital inflows. Finance Minister Suahasil Nazara announced this figure during the latest state budget briefing held by the government in Jakarta. The majority of

– The African Union has officially introduced the Africa Credit Rating Agency, known as AfCRA, in Mauritius. This agency is tasked with providing credit evaluations for African sovereign nations, corporations, financial institutions, and other issuers. Its inauguration took place in

– Pakistan’s federal government’s state-owned companies owed approximately $36.5 billion at the close of December 2025. This total reflects a 14.3% increase from the previous year, equating to roughly $4.7 billion in current exchange rates. The latest data from Pakistan’s

– In 2025, the UAE’s outward foreign direct investment (FDI) amounted to $63.353 billion, according to UN Trade and Development. By year’s end, the country’s total outward FDI stock had reached $402.729 billion. This figure was only $55.560 billion back

– Pakistan increased petrol prices once again on October 6, following an earlier hike announced three days prior. The latest revision saw petrol prices go up by Rs0.88 to Rs393.64 per litre. Meanwhile, high-speed diesel experienced a reduction of Rs1.88,

– On October 5, in New Delhi, India and Switzerland formalized their strengthened partnership by signing five cooperation accords and arrangements. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the discussions during Parmelin’s three-day state visit. The agreements

– Oil prices hovered around $102 a barrel on Monday following an early increase that pushed Brent crude futures above $103. At 0900 GMT, U.S. West Texas Intermediate crude traded at $90.62, reflecting a decrease of 49 cents, or 0.5%.

– Renault Group has announced plans to allocate over €10 billion in France over the next five years. Chief Executive François Provost revealed this commitment on October 3. The funds aim to enhance electric vehicle manufacturing and support more affordable

Driven by persistent increases in fresh agricultural products and energy commodities, South Korea’s inflation rate for September reached an annual growth of 2.9 percent. Reports from Statistics Korea confirm that extreme weather during the summer disrupted the nation’s crop harvests,