Browsing: Business
– During his visit to the United States, India’s Commerce and Industry Minister Piyush Goyal is participating in trade discussions alongside the G20 ministerial summit. The G20 Trade Ministers’ Meeting is scheduled in Milwaukee on September 30 and October 1,
– UAE President Sheikh Mohamed bin Zayed Al Nahyan held discussions with Zambian President Hakainde Hichilema in Abu Dhabi on September 29. Their talks centered on boosting trade, attracting investment, renewable energy initiatives, and infrastructure development. The leaders also examined
– Abu Dhabi has achieved the most significant global progress in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The UAE capital moved up eight spots to reach 33rd worldwide, earning a composite score
In Abu Dhabi, United Arab Emirates Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi convened with global officials and business representatives to explore mechanisms for broadening trade relations across key sectors. The discussions focused on boosting
The global financial sector continues to hold a very optimistic view of the United Arab Emirates’ economic future. According to recent macroeconomic evaluations published by the World Bank Group, the country is set for strong growth over the upcoming two
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi called for closer coordination with Europe to protect food, energy and commodity supply chains. He spoke in New York on September 24 during the second ministerial meeting of the Rome Coalition for
– On Thursday, Egypt’s central bank decided to keep its benchmark interest rates unchanged, maintaining the levels set in February. The Monetary Policy Committee left the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. Additionally, the
– The Asian Development Bank’s latest outlook predicts that economic expansion across developing Asia and the Pacific will slow to 5.0% in 2026. This marks a slight decrease from the 5.5% growth experienced in 2025. The forecast for 2026 is
– Remittances from Egyptians working abroad totaled about $29.7 billion from January through July 2026. The Central Bank of Egypt said the figure rose 28.1% from about $23.2 billion a year earlier. The seven-month increase added roughly $6.5 billion compared
– China kept its key lending rates unchanged in September, continuing a period of consistent borrowing rates. The one-year loan prime rate stayed at 3.0%, and the over-five-year rate remained at 3.5%. These longer-term benchmarks are frequently used by banks