Pakistan could also forgo loan repayments to invest in climate-change resilient infrastructure instead, the UNDP said

Apart from exploring a possible rupee-riyal trade mechanism, the nations also discussed trade diversification and expansion, removal of trade barriers, and marketing of Indian pharma products

This month US President President Joe Biden landed in the region, while India's Adani Ports and Israeli partner Gadot agreed to buy Haifa port for 4.1 billion shekels ($1.18 billion).

The US Treasury cracked down on Hong Kong-based Lustro Industry, saying it hid its role in purchases of petrochemical products for delivery to China, plus Triliance Petrochemical

Chinese companies implicated in a Russian-backed oil smuggling and money laundering network to buy Iranian oil will be subject to US sanctions.

e& says it seeks to gain "significant exposure to a world leader in connectivity and digital services", adds it has no intention of making an offer for the whole of Vodafone

The Ukraine war is stirring tensions in the Middle East, where two old US allies are questioning their ties because Joe Biden wants to resurrect a nuclear deal with Iran

Saudi Arabia, UAE and Qatar—key members of the Organization of the Petroleum Exporting Countries—have remained hesitant to increase oil and gas exports

China agreed on Wednesday to a request by Pakistan to roll over a $4.2 billion debt that was due to be repaid this week

Saudi and the UAE want the US to make policy concessions before they boost output to reduce global oil prices, analyst Greg Priddy says

Signing of deal seen as new step in restoration of bilateral ties after relationship turned sour 30 years ago

The failure of efforts to restore the pact could carry the risk of a regional war, or lead to more harsh Western sanctions on Iran, analysts say