Global stocks surge as US debt ceiling agreement brings relief
Global stocks and oil prices surged on Monday as investors cautiously welcomed news of an agreement that could prevent a catastrophic default on US debt.…
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Global clean energy investment set to reach $1.7 trillion, overtaking oil…
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil…
European Investment Bank supports circular economy with €3.4 billion…
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil…
Successful UAE-India partnership stands as a model of bilateral…
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures…
World Bank predicts 4.8 percent expansion in UAE’s non-oil sector…
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector…
PM Modi’s progressive policies bolster India-US tech collaboration
In a move that underlines the strengthening of India-US relations, New Delhi and Washington are set to host the inaugural meeting of the Strategic Trade…
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand
One of Vietnam's leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off thousands of employees due to a…
US default threatens global crisis as $31.46 trillion debt deadline looms
The United States is facing a potential global economic crisis as it approaches a catastrophic default on its $31.46 trillion debt, according to US Treasury…
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China's domestic…
Abu Dhabi outperforms other economies in MENA region with 9.3% GDP growth…
The Statistics Centre - Abu Dhabi (SCAD) has released the Gross Domestic Product (GDP) estimates report for 2022, revealing that Abu Dhabi's economy grew by…