Browsing: Business

– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema convened in Abu Dhabi on September 29 to explore avenues for enhanced bilateral economic collaboration. Hichilema’s visit followed the commencement of his second presidential term earlier

– Abu Dhabi achieved the most significant global progress in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. The government regulatory authorities released survey details indicating that the UAE capital moved up eight spots

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 focus of these discussions was

The global financial community maintains a highly optimistic view regarding the economic outlook of the United Arab Emirates. Recent macroeconomic evaluations published by the World Bank Group suggest that the country will experience significant growth over the next two years.

– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi emphasized the need for increased cooperation with Europe to safeguard worldwide supply chains against maritime disruptions and escalating transportation expenses. During his address in New York on September 24, Albudaiwi noted that

– On Thursday, Egypt’s central bank decided to keep its key interest rates steady, maintaining the policies that have been in place since February. The Monetary Policy Committee held the overnight deposit rate at 19.00% and the overnight lending rate

– The forecast for economic expansion in developing Asia and the Pacific has been increased to 5.0% for 2026, down slightly from 5.5% in 2025. The Asian Development Bank revised its 2026 projection upward by 0.1 percentage points compared to

– Remittances sent home by Egyptians working abroad amounted to approximately $29.7 billion during the first seven months of 2026. The Central Bank of Egypt announced that inflows increased by 28.1% from roughly $23.2 billion in the same period of

– China held its benchmark borrowing rates steady in September, with the one-year loan prime rate remaining at 3.0%. The over-five-year LPR also stayed at 3.5%, according to the official September 20 fixing. Many financial institutions reference the longer-term rate

The South Korea government has announced a two-month prolongation of its temporary fuel tax reduction scheme, now set to continue until the end of November 2026. This move aims to shield domestic consumers and logistics businesses from ongoing fluctuations in