14.4 C
Islamabad
Thursday, November 13, 2025

Economy

Jokowi expects new battery anode factory to support EV ecosystem

Jakarta - President Joko Widodo (Jokowi), on Wednesday, inaugurated a lithium battery anode factory located within a special economic zone in Kendal, Central Java, in the hopes of strengthening Indonesia's electric...

Saudi Arabia’s non-oil exports hit 2-year high at $7.70bn in May: GASTAT

Strengthening the non-oil private sector remains a pivotal goal for Saudi Arabia Kingdom’s imports rose by 2.6% year-on-year in May, reaching SR70.24 billion

Kazakhstan becomes one of world leaders in wheat harvesting

The Ministry of Agriculture has anticipated a favorable wheat yield in 2024, with an estimated 17 million tons. The ministry's outlook is based on the current status of crops,...

Saudi focuses on global economy at G20 development meeting

Saudi Arabia’s Economy and Planning Minister Faisal bin Fadel Alibrahim has been holding talks with officials from several nations on the state of the global economy at the G20 Development Ministerial Meeting...

Russia must develop conditions for digital assets — Putin

The Russian leader believes it is necessary to use the digital ruble more widely in the country's economy It is important for Russia to "seize the moment" and to...

Egypt’s inflation decreases to 28.1% in May: CAPMAS 

Egypt’s annual urban consumer price inflation decreased to 28.1 percent in May from 32.5 percent in April, slowing even faster than analysts had expected, data from the statistics agency CAPMAS showed on...

Saudi Arabia and UK conclude talks on development and aid, make recommendations

The nations agree during 2-day event to establish a framework for cooperation in support of efforts to achieve UN’s Sustainable Development Goals They also agree to collaborate...

India, UAE mark two years of free trade with 16% growth

Technology, innovation, and energy are main drivers behind the growth UAE ambassador welcomes increase in trade as ‘resounding success story’ A broad...

US Fed leaves rates unchanged, flags ‘lack of further progress’ on inflation

Policy rate remains in 5.25 percent-5.50 percent range Fed policymakers concerned by recent inflation data Markets take ‘dovish’ view of Fed chief’s remarks

South Korea parliament approves bill on new inquiry into deadly 2022 crowd crush

An earlier bill was vetoed by President Yoon Suk-yeol South Korea’s National Assembly voted on Thursday to approve a bill backed by the ruling and...