Browsing: Business
– India’s Commerce and Industry Minister Piyush Goyal is participating in the G20 Trade Ministers’ Meeting and bilateral trade negotiations in the United States. The event takes place in Milwaukee on September 30 and October 1. According to India’s Commerce
– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema convened in Abu Dhabi on September 29 to explore ways to deepen economic collaboration. Hichilema’s visit came shortly after beginning his second presidential term earlier this
– Abu Dhabi achieved the highest worldwide progress in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The survey details, released by government regulatory authorities, reveal that the UAE capital moved up eight positions
The United Arab Emirates continues to broaden its international economic reach as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi held bilateral meetings with foreign officials during the United Nations General Assembly. The discussions focused on enhancing trade
The global financial community continues to hold a highly optimistic view of the United Arab Emirates’s economic prospects. Recent macroeconomic evaluations by the World Bank Group suggest that the country will see strong growth in the upcoming years. Specifically, the
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi emphasized the need for increased partnership with Europe to safeguard international supply routes from maritime disturbances and escalating transportation expenses. Addressing the second ministerial session of the Rome Coalition for fertiliser access
– On Thursday, Egypt’s central bank decided to keep its key interest rates steady, continuing the policy stance since February. The Monetary Policy Committee maintained the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. The main
– The Asian Development Bank has increased its growth estimate for developing Asia and the Pacific to 5.0% in 2026, up from its previous forecast of 4.9%. The region’s economy is expected to expand at a slightly faster pace in
– The Central Bank of Egypt announced that remittances from Egyptians working abroad amounted to approximately $29.7 billion during the initial seven months of 2026. This figure represents a 28.1% increase compared to roughly $23.2 billion in the same period
– China held steady its benchmark lending rates in September, with the one-year loan prime rate remaining at 3.0%. The over-five-year LPR was also unchanged at 3.5%, based on the official rate set on September 20. This rate often serves
