Browsing: Business
MUSCAT: The United Arab Emirates was Oman’s leading trading partner in 2025 for non-oil exports, re-exports and merchandise imports, according to the latest monthly statistical bulletin issued by Oman’s National Centre for Statistics and Information. Non-oil exports from Oman to
ISLAMABAD: Pakistan’s Planning and Development Minister Ahsan Iqbal said updated official estimates show poverty and economic inequality worsening over the past seven years, with the national poverty headcount rising to 28.9% in fiscal year 2024-25 from 21.9% in 2018-19. The
OMAN: Salalah Port Services Company SAOG said the Port of Salalah handled a record 26.4 million metric tonnes of general cargo in 2025, marking a 17% increase from 22.6 million tonnes a year earlier. The port, in southern Oman, said
NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the
TOKYO: Japan’s inflation rate fell below the Bank of Japan’s 2 percent price stability target for the first time since March 2022, as government data released on February 20 showed easing price pressures at the start of 2026. The nationwide
NEW DELHI: An Indian Rice Exporters’ Federation member company has finalized a commercial agreement to supply 5,000 tonnes of Indian basmati rice to a buyer in the United States, the federation said in a statement issued this week. The federation
NEW YORK: China, Poland, Türkiye and India recorded the largest net increases in official gold reserves from 2020 through 2025, according to World Gold Council figures compiled from official reporting. The multi year changes, measured in metric tonnes, place China
TSHWANE: South Africa’s official unemployment rate fell to 31.4% in the fourth quarter of 2025, its lowest level since the third quarter of 2020, according to Statistics South Africa’s Quarterly Labour Force Survey released on Feb. 17. The rate eased
TOKYO: Japan’s economy expanded at an annualized rate of 0.2% in the October to December 2025 quarter, government data showed on Monday, marking a return to growth after a contraction in the prior quarter. On a quarter on quarter basis,
NEW YORK: Gold prices fell on Tuesday as a firmer U.S. dollar weighed on bullion in a session marked by thin liquidity. Spot gold was down 0.8% at $4,953.90 an ounce by 0345 GMT, after falling about 1% earlier in