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.
Thani Al Zeyoudi meets Belarus PM during official visit to Minsk
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has concluded a visit to Belarus, where he held bilateral meetings with senior officials, including Prime Minister Alexander Turchin, Minister of Foreign Affairs Maxim Ryzhenkov, and Minister of Economy Yuri Chebotar.
H.H. Sheikh Hamdan: Dubai economic zones post record AED491bn in non-oil trade
The Dubai Integrated Economic Zones (DIEZ) recorded their strongest performance on record in 2025, with non-oil trade reaching AED491 billion, according to His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence.
UAE, Slovakia strengthen economic ties at 2nd Joint Economic Committee meeting
The United Arab Emirates and Slovakia convened for their second Joint Economic Committee (JEC) meeting in Bratislava over the weekend, focusing on expanding trade and investment opportunities between the two nations.
OPEC+ agrees fourth oil quota hike since Hormuz closure
OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, OPEC said in a statement, even though the US war with Iran is still preventing several of the group's members from pumping more.
Global airlines slash 2026 profit forecast on fuel shock from Iran war
The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.
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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!
