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Browsing: Business
GCC countries scored 66.9 in the 2026 Economic Freedom Index, beating the global 59.9 average as the UAE, Qatar and Oman led the bloc overall.
CBUAE kept the UAE base rate at 3.65% after the Federal Reserve held rates steady, leaving the overnight liquidity framework unchanged.
South Korea major retailers posted a 5.6% March sales gain, with online channels taking a bigger share of consumer spending in the country.
Syria will receive US$225 million in World Bank grants to rebuild water and health services after years of conflict damage nationwide.
Dnata will invest A$32 million in a new cargo terminal at Western Sydney International, adding freight capacity before the airport opens.
UAE President Sheikh Mohamed and Albanian Prime Minister Edi Rama held Abu Dhabi talks on trade, energy, technology and security.
Latest UAE economic data pointed to resilient growth, with non-oil sectors, exports, lending and deposits all moving higher.
Japan set fiscal 2026 defense spending near 2% of GDP as the Ministry of Defense expanded funding for missiles, drones and air defense.
Malaysia recorded RM68.52 billion in halal exports in 2025, as food and beverage products remained the sector’s largest contributor.
South Korea approved its first paid self-driving freight service, clearing RideFlux to launch autonomous parcel deliveries in June.
