Browsing: Business

– Bilateral commerce between Russia and Oman hit $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 increased 22-fold

– Japan’s exports experienced a 13th consecutive month of growth in September, yet the country still faced a trade deficit of 536.6 billion yen due to faster-rising imports. The Ministry of Finance released preliminary data indicating exports increased by 16.7%

– In the first 20 days of October, South Korea experienced a remarkable increase in semiconductor exports, soaring by 222.5% year on year to reach $27.5 billion. This surge significantly contributed to the total export value of $61.6 billion. Overall

– On Friday, oil prices surged sharply, with Brent crude reaching $110 a barrel for the first time since May. Fears that rising Middle East tensions could lead to further supply disruptions fueled the rally. Brent for December delivery finished

– Oil prices surged significantly on Friday, with Brent crude reaching $110 a barrel for the first time since May. Fears that escalating tensions in the Middle East could lead to tighter supplies fueled the upward movement. Brent for December

– During the initial eight months of 2026, Egypt received a historic $33.9 billion in remittances from its citizens working overseas. The Central Bank of Egypt announced on Tuesday, October 13, that these inflows increased by 27.2% compared to $26.6

– Oman’s electricity generation increased by 4.3% compared to the previous year during the first eight months of 2026. The total produced amounted to 37,481.8 gigawatt-hours, up from 35,935.3 GWh in the same period of 2025. This rise corresponds to

– Indonesia accumulated Rp131.1 trillion, approximately $7.33 billion, in foreign capital inflows up to early October 2026. Finance Minister Suahasil Nazara announced this figure during the government’s latest state budget briefing in Jakarta. The majority of foreign investments were directed

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

– Pakistan’s federal state-owned enterprises had accumulated approximately $36.5 billion in debt by the end of December 2025. This total reflects a 14.3% increase from the previous year, adding roughly $4.7 billion at current exchange rates. The figures were outlined