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Pakistan to Launch Digital Assets Authority to Regulate Crypto and Drive Financial Innovation Table of Contents Islamabad, May 13, 2025 — In a major step toward embracing the digital economy, Pakistan’s Ministry of Finance has announced plans to establish the Pakistan Digital Assets Authority (PDAA)—a dedicated regulatory body tasked with overseeing the country’s expanding digital […]
Chinese Investors to Launch Super Mini Truck Assembly Plant in Karachi, Boosting Local Manufacturing Table of Contents Karachi, Pakistan — In a significant move to enhance Pakistan’s local manufacturing sector, Chinese investors have announced plans to establish a Super Mini Truck assembly facility in Karachi. The initiative, unveiled by Sindh’s Senior Minister Sharjeel Inam Memon
Saudi Arabia Emerges as MENA’s Digital Powerhouse with Economy Surpassing $132 Billion Table of Contents A Major Milestone in Digital GrowthSaudi Arabia has positioned itself as the leading digital economy in the Middle East and North Africa (MENA) region, with the digital sector now valued at over SAR 495 billion (approximately USD 132 billion). This
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Oil Prices Rise Again as U.S.-China Trade Tensions Ease Table of Contents Crude Benchmarks Head Toward Weekly Gains Oil prices climbed on Friday, buoyed by renewed optimism surrounding U.S.-China trade relations. Both Brent crude and West Texas Intermediate (WTI) posted moderate gains, setting the stage for a second consecutive week of rising prices. By early
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Walmart Warns Tariffs May Drive Price Hikes Starting This Month Table of Contents Walmart, the largest U.S. retailer, has warned that new tariffs on imported goods could soon lead to price increases on a wide range of products, with the impact potentially beginning later this month. The announcement follows the Biden administration’s latest round of
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Uber Partners with Pony AI to Launch Self-Driving Taxis in the Middle East Table of Contents Strategic Collaboration Targets Expanding Robotaxi Market Uber has announced a strategic partnership with Pony AI, a leading China-based developer of autonomous vehicle technology, to launch self-driving taxis on its platform in a key Middle East market later this year.
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