Browsing: Business

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 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

MENA Newswire News Desk: The Global Commission on People-Centred Clean Energy Transitions, recently established by the International Energy Agency (IEA), convened for the first time in Foz do Iguaçu, Brazil, alongside the G20 energy ministers meeting. The discussions focused on embedding fairness and affordability into clean

MENA Newswire News Desk: The European Union imported €478 billion worth of high-tech products in 2023, representing a slight drop of 1 percent compared to the previous year, according to figures released by Eurostat. At the same time, the EU’s

MENA Newswire News Desk: The Global Commission on People-Centred Clean Energy Transitions, recently established by the International Energy Agency (IEA), convened for the first time in Foz do Iguaçu, Brazil, alongside the G20 energy ministers meeting. The discussions focused on

MENA Newswire News Desk: Abu Dhabi-based investment and holding company ADQ has appointed Modon Holding PSC as the master developer for the Ras El Hekma megaproject in Egypt. The announcement was made in the presence of President Sheikh Mohamed bin