Browsing: Business

During his official state visit to Germany, President His Highness Sheikh Mohamed bin Zayed Al Nahyan held meetings with prominent German business leaders and corporate executives in Berlin. These discussions took place at a high-level roundtable, where the UAE President

India and Russia are accelerating efforts to expand non-energy trade and reciprocal investments as both nations target $100 billion in annual bilateral commerce by 2030. Speaking at the INNOPROM India 2026 industrial trade fair, officials outlined strategies to narrow India’s

– During President Sheikh Mohamed bin Zayed Al Nahyan’s official visit to Germany, the United Arab Emirates revealed plans to inject €40 billion into the German economy, targeting sectors such as industry, technology, energy, and digital infrastructure. This significant financial

– During an official state visit to Berlin, the United Arab Emirates and Germany significantly enhanced their bilateral collaboration. UAE President Sheikh Mohamed bin Zayed Al Nahyan and German Chancellor Friedrich Merz presided over the unveiling of 12 government accords

– Gold prices hovered above $4,400 an ounce on Thursday, rebounding from an earlier decline seen in the previous session. Spot gold increased 0.3% to $4,414.28 an ounce at 0419 GMT, while December futures for U.S. gold slid 0.1% to

– The Panama Canal is evaluating a potential further decrease in daily ship transits as its water resources face ongoing drought stress. According to the administrator, Ilya Espino de Marotta, the number of ships could be reduced to approximately 29

German automaker Volkswagen AG agreed Monday to sell its Osnabrück manufacturing plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony, setting up the site’s conversion into a dedicated defense manufacturing facility. Under the preliminary

– At the end of August 2026, Egypt’s international reserves reached an all-time high of $57.2145 billion, according to the Central Bank of Egypt. The provisional figure was disclosed on September 7. Reserves had been $56.2939 billion at the close

South Korea along with partner nations from Africa will inaugurate a significant initiative aimed at boosting economic cooperation through artificial intelligence and technology-focused growth during the 8th Korea-Africa Economic Cooperation Ministerial Meeting in Seoul. This gathering marks two decades since

– In August, South Korea’s foreign exchange holdings experienced their largest monthly increase ever, totaling $442.28 billion by the end of the month. The Bank of Korea announced a rise of $14.33 billion from $427.95 billion at the close of