Browsing: Business

– 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

– Pakistan’s federal government’s state-owned companies carried a debt total of about $36.5 billion as of December 2025. This figure marks a 14.3% rise from the previous year, equating to roughly $4.7 billion when calculated at current exchange rates. The

– According to UN Trade and Development, the UAE’s outward foreign direct investment (FDI) during 2025 totaled $63.353 billion. By the end of the year, the country’s total outward FDI stock had reached $402.729 billion, a significant rise from $55.560

– Pakistan again increased petrol prices on October 6, building on the rise announced three days prior. The latest fuel adjustment saw petrol jump by Rs0.88 to Rs393.64 per litre. Meanwhile, high-speed diesel decreased by Rs1.88 to Rs397.76 per litre.

– Following discussions in New Delhi on October 5, India and Switzerland formalized five cooperation agreements and arrangements. Prime Minister Narendra Modi and Swiss President Guy Parmelin led the negotiations during Parmelin’s three-day state visit. The agreements encompass areas such

– Oil prices hovered around $102 a barrel on Monday following an initial rise that pushed Brent above $103. At 0900 GMT, Brent crude futures were at $102.30 per barrel, reflecting a 5-cent increase. Meanwhile, U.S. West Texas Intermediate crude

– Renault Group has committed to investing over €10 billion in France over the upcoming five years. Chief Executive François Provost announced this pledge on October 3. The financial plan aims to bolster electric vehicle manufacturing and more affordable models.

The inflation rate in South Korea’s September reached an annual growth of 2.9 percent, mainly fueled by rising prices for fresh agricultural products and energy commodities. Data from Statistics Korea reveal that severe weather events during summer disrupted crop harvests

– During his visit to the United States, India’s Commerce and Industry Minister Piyush Goyal is engaging in trade talks alongside attending the G20 ministerial summit. The G20 Trade Ministers’ Meeting is scheduled to be held in Milwaukee on September

– UAE President Sheikh Mohamed bin Zayed Al Nahyan held discussions with Zambian President Hakainde Hichilema in Abu Dhabi on September 29. The agenda included trade, investment, renewable energy, and infrastructure collaboration. The leaders also examined negotiations surrounding a Comprehensive