Pakistan is set to secure around $6 billion over the next three years in a bailout from the International Monetary Fund (IMF).
It's the 13th bailout since the late 1980s that the country has received from the IMF.
"Pakistan is facing a challenging economic environment, with lackluster growth, elevated inflation, high indebtedness, and a weak external position," IMF representative Ernesto Ramirez Rigo said.
The funding still needs approval from the IMF's management.
Canada, India agree to restart trade talks
Canada and India have agreed to restart stalled talks for a new trade deal, Prime Minister Narendra Modi's office said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago.
UAE to invest up to $50 billion in Canada's AI and energy sectors
The UAE will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy and mining sectors.
Trump signs order to remove tariffs from Brazilian food products
US President Donald Trump on Thursday has removed his 40 per cent tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July following the prosecution of former president Jair Bolsonaro.
G42 receives US approval for advanced AI chip exports
G42 has welcomed the White House’s decision to authorise the export of advanced AI semiconductors to the Abu Dhabi-based AI company.
UAE's CEPA talks with Japan and EU enter advanced stage
The UAE's negotiations on Comprehensive Economic Partnership Agreements (CEPA) with Japan and the European Union are now in advanced stages.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
