Category : Business

Business

UAE global FDI stock reaches $402.7 billion in 2025

omandailynews.com
– The UAE recorded $63.353 billion in outward foreign direct investment during 2025, according to UN Trade and Development. The country’s total outward FDI stock reached $402.729 billion at the end of the year. That figure stood at $55.560 billion...
Business

Pakistan fuel prices diverge as petrol rises, diesel falls

omandailynews.com
– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to Rs397.76 per litre. The move...
Business

Brent crude steadies after surge above $103

omandailynews.com
– Oil prices traded near $102 a barrel on Monday after an early jump pushed Brent above $103. Brent crude futures stood at $102.30 a barrel at 0900 GMT, up 5 cents. U.S. West Texas Intermediate crude traded at $90.62,...
Business

Renault expands France EV push with €10 billion investment

omandailynews.com
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost models. Renault made about 500,000...
Business

South Korean inflation reaches 2.9 percent annual growth

omandailynews.com
Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published by Statistics Korea confirm that severe weather patterns during the summer months disrupted national crop...
Business

India-US trade pact talks return at G20 meeting in Milwaukee

omandailynews.com
– India’s Commerce and Industry Minister Piyush Goyal is visiting the United States for trade talks and a G20 ministerial meeting. The G20 Trade Ministers’ Meeting is taking place in Milwaukee on September 30 and October 1. Goyal’s U.S. schedule...
Business

UAE Zambia leaders discuss trade investment and CEPA

omandailynews.com
– UAE President Sheikh Mohamed bin Zayed Al Nahyan met Zambian President Hakainde Hichilema in Abu Dhabi on September 29. Their talks focused on trade, investment, renewable energy and infrastructure cooperation. The leaders also reviewed negotiations for a Comprehensive Economic...
Business

Abu Dhabi rises to 33rd place JLL global transparency index

omandailynews.com
– Abu Dhabi recorded the largest progress globally in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. According to survey details released by government regulatory authorities, the UAE capital advanced eight spots to 33rd...
Business

Thani Al Zeyoudi highlights trade growth during high level UAE meeting

omandailynews.com
Dr. Thani bin Ahmed Al Zeyoudi, United Arab Emirates Minister of State for Foreign Trade, met with international officials and commercial delegates in Abu Dhabi to evaluate mechanisms to expand trade ties across priority sectors. The official discussions centered on...
Business

UAE GDP projected to rise 5 percent according to World Bank

omandailynews.com
The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two...