Browsing: Business

– Abu Dhabi achieved the most significant global advancement in the 2026 Global Real Estate Transparency Index, published by real estate services company JLL. The government regulatory authorities’ survey details reveal that the UAE capital moved up eight places to

In Abu Dhabi, United Arab Emirates Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi convened with international officials and trade delegates to explore mechanisms for broadening economic partnerships across key sectors. The discussions aimed to boost

The global financial community remains optimistic about the economic prospects of the United Arab Emirates. According to recent macroeconomic evaluations published by the World Bank Group, the country is expected to undergo significant growth over the coming two years. The

– Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi emphasized the need for increased coordination with Europe to safeguard supply chains for food, energy, and commodities. His remarks came in New York on September 24 during the second ministerial gathering of

– On Thursday, Egypt’s central bank decided to keep its benchmark interest rates steady, preserving the levels established in February. The Monetary Policy Committee maintained the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. Additionally, the

– Forecasts indicate that economic expansion across developing Asia and the Pacific will slow to 5.0% in 2026. The region experienced a 5.5% growth rate in 2025, according to the Asian Development Bank’s latest outlook. The updated 2026 projection is

– Between January and July 2026, Egyptians working abroad sent home approximately $29.7 billion. The Central Bank of Egypt indicated this amount reflected a 28.1% increase from about $23.2 billion during the same period in 2025. The seven-month rise contributed

– China held its key lending rates steady in September, prolonging a phase of consistent borrowing costs. The one-year loan prime rate (LPR) stayed at 3.0%, with the over-five-year rate remaining at 3.5%. These rates are commonly used by banks

South Korea is set to prolong its fuel tax reductions until late November 2026, maintaining 15 percent discounts on gasoline and 25 percent cuts on diesel and butane to help cushion the economy from shocks caused by international oil price

India cautioned Washington that the proposed tariffs on nations importing Russian crude could jeopardize diplomatic ties and disrupt the global commodity market. This warning came after the US House of Representatives passed the Sanctioning Russia and Iran Act of 2026,