UAE Grants Corporate Tax Exemption to Non-Commercial Sports Bodies

February 11, 2026

UAE Grants Corporate Tax Exemption to Non-Commercial Sports Bodies

The UAE Ministry of Finance exempts non-commercial sports organisations from corporate tax. This move aims to boost sports growth, attract global bodies, and support the national economy.

Japan’s Real Wages Fall 1.3% Amid Rising Inflation and Cost of Living Crisis

February 11, 2026

Japan’s Real Wages Fall 1.3% Amid Rising Inflation and Cost of Living Crisis

Japan’s inflation-adjusted wages dropped 1.3% last year as salary hikes failed to keep up with soaring prices. Food and energy costs surged, squeezing household budgets and challenging government plans.

Country Garden shares rise as regulators delay heavy fines over debt disclosure issues

February 11, 2026

Country Garden shares rise as regulators delay heavy fines over debt disclosure issues

Country Garden shares gained 1.8% after Shanghai Stock Exchange issued a criticism but no fines over late debt disclosures. Executives blamed ‘objective factors’ for delays.

Pakistan’s High Spending and Trade Barriers Keep It Dependent on IMF Support

February 11, 2026

Pakistan’s High Spending and Trade Barriers Keep It Dependent on IMF Support

Pakistan must curb runaway government spending, fix failing state enterprises, and reform trade policies to stop relying on the IMF. Experts urge closing luxury perks, trimming bloated bureaucracies, and embracing open markets for real growth.

European Firms Gear Up for IPOs in India After Trade Deal Boost

February 11, 2026

European Firms Gear Up for IPOs in India After Trade Deal Boost

European industrial companies are preparing IPOs in India, encouraged by strong domestic fundraising and new trade deals. Firms like MAHLE and Modern Times Group are filing IPO papers soon.