Browsing: Business

– According to Sergei Shoigu, bilateral trade between Russia and Oman hit $1.5 billion during the first seven months of 2026, marking the highest level in ten years. The Secretary of Russia’s Security Council stated that trade had surged 22-fold

– In September, Japan experienced a 13th consecutive month of rising exports, although the trade deficit widened to 536.6 billion yen due to faster-growing imports. According to preliminary data from the Ministry of Finance, exports increased 16.7% year on year

– According to data released on Wednesday by the Korea Customs Service, South Korea’s semiconductor exports soared by 222.5% year on year to reach $27.5 billion in the first 20 days of October, contributing to total exports of $61.6 billion.

– On Friday, oil prices surged significantly, with Brent crude reaching $110 a barrel for the first time since May. Fears that rising tensions in the Middle East could lead to tighter supplies fueled the increase. Brent for December delivery

– During the initial eight months of 2026, Egypt experienced an all-time high of $33.9 billion in remittances from citizens working abroad. The Central Bank of Egypt announced on Tuesday, October 13, that these inflows increased by 27.2% compared to

– Oman’s electricity generation saw a 4.3% increase year-on-year during the first eight months of 2026. Total production reached 37,481.8 gigawatt-hours, compared to 35,935.3 GWh in the same period of 2025, marking an approximate rise of 1,546.5 GWh. Preliminary data

– Oman’s electricity generation saw a year-on-year growth of 4.3% during the initial eight months of 2026. The total output reached 37,481.8 gigawatt-hours, surpassing the 35,935.3 GWh recorded in the same period of 2025. This increase corresponds to roughly 1,546.5

– Through early October 2026, Indonesia saw a total of Rp131.1 trillion, approximately $7.33 billion, in foreign capital influx. Finance Minister Suahasil Nazara announced this figure during the latest state budget briefing held in Jakarta. The majority of foreign funds

– In Mauritius, the African Union has officially introduced the Africa Credit Rating Agency, known as AfCRA. This new agency aims to deliver credit evaluations for African sovereign nations, corporations, financial institutions, and other issuers. Its inauguration took place in

– In Mauritius, the African Union officially introduced the Africa Credit Rating Agency, known as AfCRA. This new agency aims to deliver credit evaluations for African sovereign entities, corporations, financial institutions, and other issuers. The launch event took place in