Browsing: Business
South Korea saw its consumer price index for September grow by 2.9 percent annually, largely driven by ongoing rises in fresh agricultural products and energy commodities. Data published by Statistics Korea shows that consumer prices continued to climb, influenced by
– In Milwaukee, during the G20 Trade Ministers’ Meeting and bilateral discussions, India’s Commerce and Industry Minister Piyush Goyal is representing India. The event takes place on September 30 and October 1. According to India’s Commerce Ministry, Goyal will also
– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema convened in Abu Dhabi on September 29 to explore avenues for enhancing bilateral economic collaboration. Hichilema’s visit to the UAE came shortly after he began his
– Abu Dhabi has secured the top position worldwide in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The survey results, released by government regulatory agencies, show that the UAE capital moved up eight
The United Arab Emirates continues to broaden its international economic influence as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi held bilateral meetings with foreign officials during the United Nations General Assembly. The discussions focused on enhancing non-oil
The global financial community continues to hold a highly optimistic view regarding the economic outlook of the United Arab Emirates. Recent macroeconomic evaluations released by the World Bank Group suggest that the country will undergo strong growth over the upcoming
– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi called for stronger cooperation with Europe to protect global supply chains from maritime disruption and rising transport costs. Speaking in New York on September 24, Albudaiwi said higher freight expenses were feeding
– In Cairo on Thursday, Egypt’s central bank decided to keep its key interest rates steady, continuing the unchanged policy stance since February. The Monetary Policy Committee maintained the overnight deposit rate at 19.00% and the overnight lending rate at
– According to recent projections, the pace of economic expansion in developing Asia and the Pacific is expected to slow slightly to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank increased its forecast for 2026 by 0.1
– By July 2026, remittances sent home by Egyptians working abroad totaled approximately $29.7 billion for the first seven months of the year. The Central Bank of Egypt announced that these inflows increased by 28.1%, compared to around $23.2 billion
