Browsing: Business
During September, persistent increases in fresh agricultural produce and energy commodities propelled South Korea’s inflation rate to an annual growth of 2.9 percent. Data released by Statistics Korea confirms that extreme weather conditions during summer disrupted the country’s crop harvests,
– In Milwaukee, India’s Commerce and Industry Minister Piyush Goyal is currently engaged in discussions focused on trade and participating in a G20 ministerial conference. The G20 Trade Ministers’ Meeting is scheduled to occur in Milwaukee on September 30 and
– UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Zambian President Hakainde Hichilema in Abu Dhabi on September 29. The discussions centered on enhancing trade, fostering investment, renewable energy initiatives, and infrastructure development. The leaders also examined ongoing negotiations
– Abu Dhabi has made the most significant global advancement in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. Based on data released by government regulatory authorities, the UAE capital moved up eight positions
In Abu Dhabi, Dr. Thani bin Ahmed Al Zeyoudi, United Arab Emirates Minister of State for Foreign Trade, convened with global officials and business representatives to explore new avenues for broadening trade partnerships across priority sectors. The discussions focused on
The global financial community remains highly optimistic about the economic outlook of the United Arab Emirates. Recent macroeconomic evaluations issued by the World Bank Group project significant growth for the country over the next two years. Specifically, the World Bank
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi called for enhanced 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 Rome
– Egypt’s central bank kept its benchmark interest rates unchanged on Thursday, maintaining borrowing costs at levels set in February. The Monetary Policy Committee left the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. It also
– According to the Asian Development Bank’s latest forecast, economic expansion across developing Asia and the Pacific is predicted to slow to 5.0% in 2026. The region experienced a 5.5% growth rate in 2025, and the new estimate for 2026
– 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