Pakistan and China boost CPEC cooperation through new MoUs, B2B meetings, investment talks, SEZs, trade expansion and Gwadar connectivity.

Armani may sell a 15% stake, split among LVMH, L’Oréal, EssilorLuxottica, after the designer’s death, as a succession plan and investors prepare.

Hyundai Pakistan will launch the Elantra 1.6 Special Edition with upgraded features. Pricing and details to be revealed on May 12, 2026.

Pakistan plans to issue its first $250M Panda bond in China next week. Backed by ADB and AIIB, the move aims to boost reserves amid economic recovery.

Fan makers in Gujrat and Gujranwala face rising copper prices, cartel claims, and sales drop up to 50% amid Gulf tensions and supply issues.

Aramco Q1 profit rises 25% to $32.5B as Hormuz tensions disrupt shipping. Pipeline runs full, boosting supply resilience and earnings growth.

Mobility leaders from across the public and private sectors gathered in Riyadh for the latest edition of Mobility Talks, part of Uber’s Rihla initiative

Mohammed Yusuf Naghi Cars – Hyundai has announced the launch of a new promotional campaign in partnership with FIFA World Cup 2026

Amnah Ajmal Launches SheKnows to Redefine Women’s Leadership Through 1:1 Access to Global C-Suite Leaders

Pakistan must pursue "Marka-e-Maeeshat" economic victory through exports, reforms, CPEC and public-private cooperation, says Ahsan Iqbal in Lahore during LCCI meeting on export-led growth plan

UAE starts building 5GW AI campus with US partnership, aiming to become global AI hub with major chip imports and trillion-dollar investments.

South Africa firms like Shoprite, Sasol, and Old Mutual offer 2027 bursaries covering tuition, housing, and jobs amid high youth unemployment.

SiamAI denies exporting US AI servers to China, says it follows export laws as US investigates $2.5B chip supply chain case.

Trump Media reports over $400M loss in Q1 2026 as crypto downturn hits investments while Truth Social revenue stays below $1 million.

Millions of Americans pay higher electricity bills upfront to fund unfinished US power projects under CWIP policies despite financial risks.

Cloudflare shares drop after a weak forecast amid rising AI costs, expanding layoffs, and investor expectations for AI-driven growth falling short.

SoftBank reduces planned OpenAI-backed margin loan to $6 billion amid lender concerns over AI valuation risks.

Hybrid car sales in the US jump 37% as the Iran war pushes gas prices up, while EV demand grows more slowly than expected.

Toyota expects a $4.3 billion impact from the effects of the Iran war, as rising costs and supply disruptions hit global auto industry profits.

Soaring memory chip prices driven by AI demand are increasing costs for Sony and Nintendo, affecting gaming consoles and profits globally.

Dubai homeowners now hold properties as long as London & New York, fäm Properties study shows 1.1M transactions and rising long-term ownership trends.

McDonald’s misses its US sales growth target of 3.9% amid inflation and higher fuel costs, despite strong global revenue.

Shell reports a $6.9 billion Q1 profit, beats forecasts, raises the dividend by 5%, but cuts buybacks amid the Middle East war and oil market volatility.

Oil prices drop below $100 after hopes of U.S.-Iran peace talks ease supply fears and reduce geopolitical risk premium in global markets.

Tesla China-made EV sales rise 36% in April 2026, marking sixth straight monthly gain despite competition and regulatory challenges.

ROX plans Abu Dhabi-based AI SUV manufacturing hub with $300K capacity by 2030, expanding luxury vehicle exports and local partnerships.

Najm for Insurance Services on Wednesday unveiled its 2025–2030 strategy, titled “We Care,” outlining its vision for the next phase of growth

Dubai beachfront plots sold for Dh400m, forming ultra-luxury villas with private beach and marina access in Jumeirah Coastline deal.

Oil prices drop sharply after reports of US-Iran peace talks easing Strait of Hormuz tensions, raising hopes of a stable global energy supply.

Rivian is developing new R2 EV variants to expand affordable electric SUVs, aiming for broader US market growth and Uber robotaxi plans.