Browsing: Business
MENA Newswire News Desk: Sustainable bond issuances in the Middle East amounted to $16.7 billion during the first nine months of 2024, according to a new report from S&P Global Ratings. The report highlights a decline of 18% compared to
MENA Newswire News Desk: Russia’s gross domestic product (GDP) grew by 4.2 percent during the first eight months of 2024, Prime Minister Mikhail Mishustin announced at the Made in Russia Export Forum. The rise in GDP highlights the resilience of the
MENA Newswire News Desk: OPEC has revised its global oil demand growth forecast for 2024, reducing the previous estimate by 106,000 barrels per day (b/d). The organization’s latest report now projects a year-on-year increase of 1.9 million barrels per day (mb/d),
MENA Newswire News Desk: South Korea’s exports of information and communication technology (ICT) products surged for the 11th consecutive month in September, driven primarily by robust semiconductor sales. According to data from the Ministry of Science and ICT, outbound shipments
MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the latest Global Trade Outlook report. The report anticipates moderate growth continuing through the end of
MENA Newswire News Desk: The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for its member countries, cutting these costs by 36%, or approximately $1.2 billion annually. The change comes as part of broader reforms aimed
MENA Newswire News Desk: The United Arab Emirates (UAE) and Malaysia have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA) aimed at enhancing trade and investment between the two nations. The agreement, announced on October 10, 2024, seeks
MENA Newswire News Desk: Vietnam’s food and beverage (F&B) industry is expected to reach a value of VND720 trillion (US$29.8 billion) by the end of 2024, representing a 10.92% increase, according to a forecast by the Ministry of Industry and
MENA Newswire News Desk: The 12th meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) was held in Mumbai, co-chaired by Shri Piyush Goyal, India’s Minister of Commerce and Industry, and Sheikh Hamed bin Zayed Al Nahyan, Managing
MENA Newswire News Desk: The Abu Dhabi Investment Authority (ADIA) has officially established a subsidiary in India’s Gujarat International Finance Tec-City (GIFT City), marking a significant expansion into one of the world’s fastest-growing economies. The move comes after ADIA received