Saudi AUM to Exceed $400 Billion by 2027: Fitch

Saudi Arabia's asset management AUM surpassed $340 billion in Q1 2026, projected to exceed $400 billion by 2027, driven by regulatory easing and investor participation, says Fitch Ratings.

Egypt Approves 2026/27 Budget, Economic Plan

Egypt's House of Representatives approved the 2026/27 budget targeting revenues of 4.1 trillion pounds ($82 billion) and expenditures of 5.2 trillion pounds, as part of a broader economic reform program.

Etihad Rail Passenger Services Start June 30

Etihad Rail will launch passenger services on June 30 between Abu Dhabi and Fujairah, with fares starting at Dh55. The network will expand to Dubai, Sharjah, and other emirates by 2030.

Pakistan Must Rethink Water for Strategic Autonomy

Pakistan's strategic autonomy hinges on shifting from reactive surface water management to integrated groundwater storage, breaking the cycle of dependence on external flows and building long-term resilience.

Japan-Saudi Business Council Meeting in Riyadh

Japan and Saudi Arabia held a business council meeting in Riyadh to explore expanded cooperation in energy, AI, healthcare, space, and entertainment, with Japan's ambassador emphasizing supply chain resilience.

OGDCL Starts Gas Production from Sindh Well Sahito-1

Pakistan's state-run OGDCL has commenced gas production from the Sahito-1 discovery well in Sindh's Khairpur district, producing 6.0 MMSCFD initially, aiming to boost indigenous output and reduce reliance on imported LNG.

Man Utd Secure Land for 100,000-Seat Stadium

Manchester United have secured a 25-acre site for a new 100,000-seater stadium near Old Trafford, the largest in Britain, preserving heritage while addressing infrastructure issues.

Pakistan Mango Export Earnings May Drop 30% in 2026

Pakistan's mango export earnings could fall nearly 30% this year due to climate-related crop losses and Middle East conflict disruptions, with exports expected between 75,000-80,000 metric tons worth $75-80 million.

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