Oman Doubles Expat Work Permit Fees for Non-Compliant Firms, Gives Discounts to Omanisation Leaders

February 18, 2026

Oman Doubles Expat Work Permit Fees for Non-Compliant Firms, Gives Discounts to Omanisation Leaders

Oman launches a new tiered fee system for expat work permits. Companies meeting Omanisation targets get 30% fee discounts. Others face double fees, pushing firms to hire more locals.

UK Inflation Falls to 3% in January, Boosting Chances for Early Bank of England Rate Cut

February 18, 2026

UK Inflation Falls to 3% in January, Boosting Chances for Early Bank of England Rate Cut

UK inflation dropped to 3% in January, the lowest since March 2025. This opens doors for an early interest rate cut by the Bank of England. Lower petrol, airfares, and food prices helped bring down inflation and ease the cost of living, says Chancellor Rachel Reeves.

Brazil Nears China Beef Export Cap Amid 55% Tariff Threat

February 18, 2026

Brazil Nears China Beef Export Cap Amid 55% Tariff Threat

Brazil may hit its 1.1 million tonne beef export limit to China by September, risking a 55% tariff. Officials warn this could crash prices and jobs.

China’s Dancing Humanoid Robots Dazzle Spring Festival Gala Audience

February 18, 2026

China’s Dancing Humanoid Robots Dazzle Spring Festival Gala Audience

China wowed viewers with dancing humanoid robots at its Spring Festival Gala. The robots flipped, spun, and performed kung fu. Experts say it shows strong tech progress but with limits.

Dilip Buildcon Bags Rs 702 Crore Gujarat Flood Protection EPC Contract

February 18, 2026

Dilip Buildcon Bags Rs 702 Crore Gujarat Flood Protection EPC Contract

Dilip Buildcon has been named L-1 bidder for a Rs 702 crore flood protection project on the Narmada River in Gujarat. The two-year EPC contract boosts investor confidence despite mixed stock signals.