Business
– Oman’s electricity production increased 4.3% year on year during the first eight months of 2026. Total output reached 37,481.8 gigawatt-hours, compared with 35,935.3 GWh in the same period of 2025. The increase amounted to about 1,546.5 GWh. Preliminary figures
– Indonesia recorded Rp131.1 trillion, about $7.33 billion, in foreign capital inflows through early October 2026. Finance Minister Suahasil Nazara presented the figure during the government’s latest state budget briefing in Jakarta. Most foreign investment moved into government bonds and
– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Albanian Prime Minister Edi Rama on Monday during a working visit to the UAE, with the two leaders focusing on steps to deepen cooperation in the economy, trade, renewable energy and technology. 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 first
TOKYO: Japan’s defense spending and related costs for fiscal 2026 will total about 10.6 trillion yen, or roughly 1.9% of the country’s 2022 gross domestic product, Defense Minister Shinjiro Koizumi said on Friday, putting the latest budget cycle near a level that had
KUALA LUMPUR: Halal exports of Malaysia rose to RM68.52 billion in 2025, up 10.9% from a year earlier, as food and beverage products and halal ingredients continued to anchor overseas sales in one of the country’s key export segments. Halal Development Corporation
SEOUL: South Korea has approved its first paid self-driving freight transport service, authorizing autonomous driving startup RideFlux to begin commercial cargo operations on a long-distance route linking Seoul and Jincheon. The Ministry of Land, Infrastructure and Transport said the service is scheduled to
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the Middle East. The Ministry of Trade, Industry and Resources said auto exports totaled $6.37 billion