Browsing: Business

Egypt says crude output has started from Belayim Marine 133 in the Gulf of Suez at about 1,500 bpd, drilled by Petrobel under EGPC and Eni.

Egypt’s central bank says remittances from citizens abroad rose 40.5% in 2025 to a record $41.5bn, up from $29.6bn in 2024.

UAE was Oman’s leading partner in 2025 for non-oil exports, re-exports and imports, with exports topping OMR 1.311bn and re-exports at OMR 724m.

Pakistan’s latest FY2024-25 estimates put poverty at 28.9% and inequality higher, with about 70 million below a Rs 8,484 monthly poverty line.

Port of Salalah hit record 26.4m tonnes of general cargo in 2025 as container volumes rose to 4.3m TEUs and profit climbed, Salalah Port Services said.

India joined Pax Silica and signed an India-US AI Opportunity Partnership statement on data centers, compute access, semiconductors and critical minerals.

Tokyo data showed Japan’s January CPI rose 1.5% year on year, below the BOJ 2% target, with core inflation at 2.0% and energy costs down 5.2%.

Indian Rice Exporters Federation says a member firm signed a deal to ship 5,000 tonnes of premium basmati rice from India to a U.S. buyer, after tariff changes.

From 2020-2025, top 10 central bank buyers added about 1,675 tonnes of gold, while the top sellers cut roughly 205 tonnes, according to World Gold Council data.

South Africa’s unemployment rate fell to 31.4% in Q4 2025, the lowest since 2020, as employment rose to 17.1m, Statistics SA said. Labour force fell 128,000 net.