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GCC countries recorded financial surpluses in 2022 and 2023. (Photo: WAM)
Public finance of GCC countries witnessed significant financial surplus in 2022, 2023: GCC-Stat

Dec 28, 2024

The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improved sovereign bond ratings, enhancing the GCC's credit attractiveness. Total public revenues in 2023 reached USD 641 billion, with oil revenues contributing 62 per cent, while public spending hit USD 639 billion, dominated by current expenditures.

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Bangladesh imposes restrictions on journalists' access to Secretariat

Dec 28, 2024
Al Qasimia University celebrates the graduation of its eighth student batch (Photo: WAM)

AQU celebrates graduation of eighth batch of students

Dec 28, 2024
Palestine Embassy Charge d'affaires Abed Elrazeg Abu Jazer (Photo: ANI)

"Palestine stands with India" says Charge d' affaires Abed Elrazeg Abu Jazer on former PM Manmohan Singh's passing

Dec 28, 2024
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Kazakhstan tops regional investment with USD 15.7 billion in 2024

Dec 28, 2024
Former PM Manmohan Singh (File Photo/ANI)

Mauritius flag to be flown at half mast today as mark of respect to former PM Manmohan Singh

Dec 28, 2024
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China deploys hundreds of troops to Larung Gar, intensifies religious crackdown in Tibet

Dec 28, 2024
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Taiwan's presidential office holds "tabletop" exercise simulating military escalations by China

Dec 28, 2024

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INS Sarvekshak at Port Louis, Mauritius (Photo/Indian Navy)

INS Sarvekshak arrives at Port Louis for joint hydrographic survey with Mauritius

Dec 28, 2024

INS Sarvekshak, the Indian Navy's hydrographic survey ship, arrived at Port Louis, Mauritius, on December 26, 2024, for a joint hydrographic survey. The ship's visit will include technical exchanges and training on hydrography with Mauritian authorities, reinforcing the strong maritime partnership between India and Mauritius in line with India's SAGAR initiative.
External Affairs Minister S Jaishankar, US President-elect Donald Trump's nominee for NSA, Michael Waltz (Image Credit: X/@DrSJaishankar)

Jaishankar meets Trump's NSA pick Michael Waltz; discusses India-US partnership, global issues

Dec 28, 2024

The two leaders held discussion on bilateral partnership and current global issues, and Jaishankar said that he is looking forward to working with Waltz.
Bhutan King Jigme Khesar Namgyel Wangchuck attends funeral of former PM Manmohan Singh (Image Credit: YouTube/NarendraModi)

Mauritius Foreign Minister, Bhutan King arrive in Delhi to attend funeral of former PM Manmohan Singh

Dec 28, 2024

Mauritius Minister of Foreign Affairs, Regional Integration, and International Trade, Dhananjay Ramful and Bhutan King Jigme Khesar Namgyel Wangchuck have arrived in New Delhi to attend the funeral of former Prime Minister Manmohan Singh, according to sources.
Prominent Baloch activist Mahrang Baloch (Photo: X/ @MahrangBaloch_)

Pakistan: Mahrang Baloch expresses concern over "military barbarism" by "Death Squad", urges support for Turbat sit-in

Dec 28, 2024
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China unveils next-generation amphibious assault ship in naval expansion effort

Dec 28, 2024
Indian Army contingent departs for Nepal to participate in

Indian Army contingent departs for Nepal to participate in exercise Surya Kiran

Dec 28, 2024
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Trump asks US Supreme Court to halt ban on TikTok

Dec 28, 2024
Space X CEO Elon Musk and Republican leader Vivek Ramaswamy (Photo credit: Reuters)

US: Divide in Trump's camp as Musk, Ramaswamy face backlash after advocating visas for 'skilled' workers

Dec 28, 2024
US President Joe Biden (File photo/ Reuters)

"A true statesman and dedicated public servant," says President Biden on the passing of former Prime Minister Manmohan Singh

Dec 28, 2024
Neera Tanden, Director United States Domestic Policy Council (File Photo: X/ @neeratanden)

"They don't see you as one of them", says Neera Tanden on Indian Americans amid H1B visa debate

Dec 28, 2024
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Taiwan reports seven Chinese military aircrafts, five vessels near its territory

Dec 28, 2024
Former South Carolina Governor Nikki Haley (File Photo/ Reuters)

"Invest in our American workforce first": Nikki Haley joins debate on H1B visa allocations

Dec 28, 2024
Kamal Adwan Hospital (File Photo/ Reuters)

IDF launches military operation near Kamal Adwan Hospital in Gaza over terrorist activities

Dec 28, 2024
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Six killed, three injured in road accident due to dense fog in Pakistan's Tandianwala

Dec 28, 2024
EAM Jaishankar holding conference of team of the Indian Embassy and Consuls General in the US (Photo/ X@DrSJaishankar)

US: EAM Jaishankar concludes meeting with Indian Embassy team and Consuls General

Dec 28, 2024
Abu Dhabi Police enforce comprehensive security plan for New Year's Eve celebrations (Photo/WAM)

Abu Dhabi Police enforce comprehensive security plan for New Year's Eve celebrations

Dec 28, 2024
UAE President confers Zayed Second Medal on President of Indigenous Women and Peoples Association of Chad (Photo/WAM)

UAE President confers Zayed Second Medal on President of Indigenous Women and Peoples Association of Chad

Dec 28, 2024
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Israel Air Force strikes area of weapons transfer to Hezbollah from Syria

Dec 28, 2024