Browsing: investment climate

MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average of 59.9, according to data released by the GCC Statistical Centre. The

ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the

EuroWire, PETROPAVLOVSK-KAMCHATSKY: The 6th Sustainable Development Forum is scheduled to be held in Petropavlovsk-Kamchatsky from Feb. 17 to Feb. 21, bringing together government officials, business representatives and industry specialists for a multi day program focused on regional development in Kamchatka

KARACHI: Doing business in Pakistan costs about 34% more than in comparable regional economies, the Pakistan Business Forum said, warning that elevated operating expenses are eroding industrial competitiveness and leaving exporters struggling to match rival producers in nearby markets.

ISLAMABAD: Pakistan’s latest IMF-backed stabilization drive has coincided with a widening strain on its real economy, as manufacturers cite high power costs, heavy taxation and policy uncertainty while several multinational companies scale back or restructure local operations. The International Monetary

MENA Newswire, ABU DHABI: The World Bank has forecast that the United Arab Emirates economy will grow by 5 percent in 2026 and 5.1 percent in 2027, positioning the country among the fastest growing economies in the Middle East and

KARACHI, Pakistan, Oct 7, 2025: A growing number of multinational corporations are exiting or scaling down their operations in Pakistan, citing regulatory hurdles, macroeconomic instability, and broader global restructuring strategies. The latest among them is Procter & Gamble, which has