Category : Business

Business

Thani Al Zeyoudi highlights trade growth during high level UAE meeting

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Dr. Thani bin Ahmed Al Zeyoudi, United Arab Emirates Minister of State for Foreign Trade, met with international officials and commercial delegates in Abu Dhabi...
Business

UAE GDP projected to rise 5 percent according to World Bank

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The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World...
Business

Developing Asia-Pacific economy set to grow 5% in 2026

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Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the...
Business

China holds 3% one-year LPR and 3.5% mortgage benchmark

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China kept its benchmark lending rates unchanged in September, maintaining the one-year loan prime rate at 3.0%. The over-five-year LPR remained at 3.5%, according to...
Business

Gold prices decline on Federal Reserve rate decision as spot drops

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Gold prices continued their downward trend across global commodity exchanges as investors digested the decision by the U.S. Federal Reserve to raise benchmark interest rates...
Business

UAE and India leaders advance trade and strategic ties

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Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met Indian Prime Minister Narendra Modi in New Delhi on September 12. The...
Business

Gold steadies near $4,400 with US inflation in focus

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Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an...
Business

Panama Canal could cut daily ship limit to 29

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The Panama Canal is considering another reduction in daily ship transits as drought pressure weighs on its water supply. Administrator Ilya Espino de Marotta said...
Business

Volkswagen sells Osnabrueck car plant to Aurelius and state

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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...