Browsing: Business

– In Moscow on October 20, 2026, Sergei Shoigu announced that bilateral trade between Russia and Oman hit $1.5 billion during the first seven months of this year, marking the highest level in ten years. The Secretary of Russia’s Security

– In September, Japan recorded its 13th consecutive month of rising exports, though a faster increase in imports resulted in a trade shortfall of 536.6 billion yen. The Ministry of Finance released preliminary data indicating exports grew by 16.7% year-on-year

– In South Korea, during the first 20 days of October, semiconductor exports soared by 222.5% year on year to reach $27.5 billion, contributing to total shipments of $61.6 billion. The overall outbound shipments more than doubled compared to the

– On Friday, oil prices experienced a significant increase, with Brent crude reaching $110 per barrel for the first time since May. The rally was driven by fears that rising tensions in the Middle East could lead to tighter supplies.

– During the first eight months of 2026, Egypt saw a historic influx of $33.9 billion in remittances from overseas workers, according to the Central Bank of Egypt on Tuesday, October 13. This figure represents a 27.2% increase from $26.6

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

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

– In Mauritius, the African Union officially inaugurated the Africa Credit Rating Agency, known as AfCRA. The launch occurred during the second African Conference on Credit Ratings, marking a significant milestone. The agency is set to provide credit evaluations for

– Pakistan’s federal state-controlled companies accumulated approximately $36.5 billion in liabilities by the close of December 2025. The figure reflects a 14.3% rise from the previous year, equating to an increase of roughly $4.7 billion based on current exchange rates.

– In 2025, the UAE’s outward foreign direct investment (FDI) totaled $63.353 billion, as reported by UN Trade and Development. By the end of that year, the country’s total outward FDI stock had grown to $402.729 billion. This represents an