Browsing: Business
– Oil prices hovered around $102 a barrel on Monday following an initial surge that lifted Brent above $103. Brent crude futures settled at $102.30 per barrel at 0900 GMT, reflecting a 5-cent increase. Meanwhile, U.S. West Texas Intermediate crude
– Renault Group has announced plans to allocate over €10 billion for development in France over the upcoming five years. Chief Executive François Provost revealed this pledge on October 3. The funds will be directed toward electric vehicle initiatives and
The inflation rate in South Korea’s September increased to an annual 2.9 percent, driven by persistent rises in fresh agricultural produce and energy commodities. Data released by Statistics Korea reveals that extreme weather conditions during summer disrupted harvests nationwide, which
– India’s Commerce and Industry Minister Piyush Goyal is in the United States for trade negotiations and a G20 ministerial conference. The G20 Trade Ministers’ Meeting is scheduled to occur in Milwaukee on September 30 and October 1. Goyal’s U.S.
– UAE President Sheikh Mohamed bin Zayed Al Nahyan convened with Zambian President Hakainde Hichilema in Abu Dhabi on September 29. The discussions centered on enhancing trade, boosting investments, renewable energy initiatives, and infrastructure development. The leaders also examined ongoing
– Abu Dhabi has made the most notable improvement worldwide in the 2026 Global Real Estate Transparency Index issued by real estate services provider JLL. Government regulatory authorities released survey details indicating that the UAE capital moved up eight spots
Dr. Thani bin Ahmed Al Zeyoudi, United Arab Emirates Minister of State for Foreign Trade, convened with international officials and business delegates in Abu Dhabi to discuss strategies for broadening trade relations across key sectors. The discussions focused on boosting
The global financial community continues to hold a highly optimistic view of the economic outlook for the United Arab Emirates. Recent macroeconomic analyses published by the World Bank Group suggest that the country will see significant growth over the next
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi emphasized the need for closer cooperation with Europe to safeguard supply chains for food, energy, and commodities. His remarks came in New York on September 24 during the second ministerial session of
– The Central Bank of Egypt opted to keep its benchmark interest rates unchanged on Thursday, maintaining the borrowing costs set in February. The Monetary Policy Committee maintained the overnight deposit rate at 19.00% and the overnight lending rate at