By Anadolu Agency Pakistan received $2 billion from Saudi Arabia on Thursday, providing support to its foreign exchange reserves as the country faces mounting external payment obligations. The State Bank of Pakistan said in a post on the US social media platform X that it received the funds from Saudi Arabia’s Finance Ministry with a

Tobias Adrian (3rd R), director of the International Monetary Fund’s (IMF’s) Monetary and Capital Markets Department, speaks at a press briefing on Global Financial Stability Report in Washington, D.C., the United States, on April 14, 2026. IMF on Tuesday released its Global Financial Stability Report, warning that risks to global financial stability are rising amid

By Xinhua News Agency Ethiopia’s flagship investment forum, dubbed “Invest in Ethiopia,” concluded on Friday with the signing of investment agreements worth over 13 billion U.S. dollars. The fourth edition of the forum was held under the theme “Ethiopia: Ready for Business” in Addis Ababa, the country’s capital, attracting hundreds of investors, business leaders, and

Chinese President Xi Jinping and Kenyan President William Ruto shake hands during a signing ceremony at The Great Hall of The People on April 24, 2025 in Beijing, China By Reuters Kenya has finalised negotiations ​over a trade deal with China, two months after ‌announcing a preliminary agreement that would grant the East African country

Gold bars are displayed to be photographed at bullion house in Mumbai December 3, 2009. Photographer Arko Datt By Reuters Record gold prices are pushing South Africa’s beleaguered mining industry to find new ​ways to recover the metal that sidestep the costly deep-shaft mining of old, industry executives said. But with ‌no boom in new

By Anadolu Agency China set its 2026 economic growth target at 4.5%-5%, slightly lower than the 5% achieved last year, as the National People’s Congress (NPC) convened Thursday in Beijing for its annual session. According to a government report delivered to the NPC, the main targets for development include a surveyed urban unemployment rate of

File Photo/Somali Times By The African Exponent Chinese Manufacturing Footprint in Africa China’s industrial expansion in Africa has gone beyond investment in infrastructure and natural resources to include manufacturing, a sector increasingly central to the continent’s industrialization ambitions. Over the past decade, Chinese companies have established operations in automotive assembly, electronics, construction materials, textiles, and

The ULAQ armed unmanned surface vessel (AUSV) developed for the Qatari Coast Guard by Ares Shipyard and ULAQ Global is seen in this photo at an undisclosed location, Jan. 3, 2026. ULAQ Global Handout via AA Photo By Daily Sabah The booming Turkish defence industry is taking its success to the sea as it boosts

Aircraft are seen at Istanbul Airport, Istanbul, Türkiye, March 12, 2025. Photo Credit Shutterstock By Daily Sabah Turkey plans to complete major airport capacity expansion and renovation projects across the country in 2026, official documents show, as its aviation infrastructure faces rising passenger and air traffic volumes. The expansion drive began this week with the

By Reuters Gold climbed on Wednesday to hit yet another record and silver surpassed the previously unseen $90 mark, as softer-than-expected U.S. inflation reading reinforced bets on interest rate cuts amid ongoing geopolitical uncertainty. Spot gold rose 1% to $4,633.40 per ounce as of 05:25 a.m. GMT, after hitting a record high of $4,639.42 earlier