Browsing: Economy

– During the initial six months of 2026, China’s digital sector amassed a total revenue of 20.71 trillion yuan, reflecting a 13.6% increase compared to the same period in the previous year. Profits in the industry reached 1.79 trillion yuan,

Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient

WASHINGTON: UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met U.S. Vice President J.D. Vance in Washington during an official working visit, as the UAE Foreign Ministry said the two sides discussed strengthening the long-standing

ISLAMABAD, December 2: Pakistan’s labour market is under severe pressure as unemployment rises sharply and a growing number of citizens turn to overseas employment. New results from the federal labour-force survey show unemployment has climbed to 7.1 percent in fiscal

CAIRO, November 27, 2025: Egypt’s economy recorded a growth rate of 5.3 percent in the first quarter of fiscal year 2025/2026, its fastest quarterly expansion in more than three years, according to official data released by the Ministry of Planning,

UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Kyriakos Mitsotakis, Prime Minister of Greece, in Abu Dhabi to explore avenues for strengthening bilateral ties within the framework of the two nations’ comprehensive strategic partnership. The meeting, held at

The European Commission has unveiled its 2025 work programme, emphasizing economic resilience, security, and regulatory simplification. The agenda includes a strategic push to streamline EU regulations and ease administrative burdens while supporting economic competitiveness and strengthening security measures. In its

Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs, engaged in productive discussions with his Malaysian counterpart, Zambry Abdul Kadir, during his official visit to Kuala Lumpur on June 15, 2023. The diplomatic rendezvous focused on fortifying the

One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a significant drop in orders. PouYuen Vietnam Co, a subsidiary of Taiwan-based Pou Chen Corp,

The International Monetary Fund (IMF) has dealt another blow to Pakistan’s economy by rejecting the country’s claim of fulfilling the conditions necessary to secure a $6 billion loan. Pakistan signed an agreement with the IMF in 2019 to provide the