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.

Apple says Tim Cook will become executive chairman and John Ternus CEO on Sept. 1, formalizing the iPhone maker leadership transition.

Japan set fiscal 2026 defense spending near 2% of GDP as the Ministry of Defense expanded funding for missiles, drones and air defense.

ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil…

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.