Browsing: Business

– Pakistan’s federal state-owned companies reported total debt of approximately $36.5 billion as of the end of December 2025. This represents a 14.3% increase from the previous year, adding roughly $4.7 billion at current exchange rates. The Ministry of Finance

– Pakistan petrol rates increased once again on October 6 following another daily adjustment in fuel prices. The price of petrol rose by Rs0.88 per litre, reaching Rs393.64, thereby extending the upward trend initiated three days earlier. Conversely, high-speed diesel

– On Monday, India and Switzerland formalized five new partnership agreements during high-level discussions held in New Delhi. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the negotiations. These agreements encompass areas such as migration, youth professional development,

– Oil prices steadied near $102 a barrel on Monday after Brent briefly climbed above $103 in early trading. At 0900 GMT, Brent crude futures were up 5 cents at $102.30 a barrel. U.S. West Texas Intermediate crude was down

– Renault Group has announced plans to allocate more than €10 billion in France over the next five years, according to Chief Executive François Provost on October 3. The investment aims to enhance electric vehicle production and develop more budget-friendly

South Korea’s consumer price index for September recorded an annual increase of 2.9 percent, mainly driven by ongoing rises in fresh agricultural produce and energy commodities. Data published by Statistics Korea reveal that consumer prices continued their upward trend, influenced

– 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 ministerial event is scheduled to take place in Milwaukee on September 30 and October 1.

– 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 countries’ economic partnership. Hichilema’s visit to the UAE followed the start of his

– Abu Dhabi achieved the highest progress worldwide in the 2026 Global Real Estate Transparency Index published by real estate services company JLL. Based on data released by government regulatory authorities, the UAE capital moved up eight positions to rank

The United Arab Emirates continues to broaden its global economic influence as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi held bilateral meetings with international dignitaries during the United Nations General Assembly. The focus of these discussions was