Browsing: Business

– Trade between Russia and Oman reached a total of $1.5 billion during the first seven months of 2026, marking the highest level in ten years, according to Sergei Shoigu. The Secretary of Russia’s Security Council stated that trade had

– Japan’s exports experienced a 13th consecutive month of growth in September, yet a faster increase in imports resulted in a trade deficit of 536.6 billion yen. Initial data from the Ministry of Finance indicated that exports grew by 16.7%

– South Korea’s semiconductor shipments experienced a remarkable increase of 222.5% year on year, reaching $27.5 billion within the first 20 days of October, contributing to total exports of $61.6 billion. The total outbound shipments more than doubled compared to

– On Friday, oil prices surged sharply, with Brent crude reaching $110 per barrel for the first time since May. Concerns that increasing tensions in the Middle East could further restrict supply fueled this rally. Brent for December delivery finished

– During the initial eight months of 2026, Egypt received a record-breaking $33.9 billion in remittances from Egyptians working abroad. The Central Bank of Egypt announced on Tuesday, October 13, that these inflows increased by 27.2% from $26.6 billion a

– Oman’s electricity generation grew by 4.3% year-on-year during the first eight months of 2026. The cumulative output reached 37,481.8 gigawatt-hours, up from 35,935.3 GWh in the same period of 2025. This increase of approximately 1,546.5 GWh was reflected in

– Indonesia’s foreign capital inflows reached Rp131.1 trillion, approximately $7.33 billion, by early October 2026. Finance Minister Suahasil Nazara disclosed this figure during the government’s latest state budget briefing in Jakarta. The majority of foreign investments went into government bonds

– The African Union has officially introduced the Africa Credit Rating Agency, known as AfCRA, in Mauritius. This new agency is set to deliver credit evaluations for African sovereign nations, corporations, financial entities, and other issuers. Its debut occurred in

– Pakistan’s federal state-owned enterprises ended December 2025 with an accumulated debt of approximately $36.5 billion. The figure represents a 14.3% increase from the previous year, equating to roughly $4.7 billion at current exchange rates. These data were provided by

– In 2025, the UAE’s outward foreign direct investment (FDI) was valued at $63.353 billion, as reported by UN Trade and Development. By year-end, the country’s total outward FDI stock had reached $402.729 billion. This marks a substantial increase from