Browsing: Business
AD Ports Group announced it has reached an agreement to acquire a 70 percent stake in International Associated Cargo Carrier BV, a company that owns two Egypt-based shipping companies: Transmar International Shipping Company and Transcargo International SAE (TCI). The total
According to the country’s statistics bureau, Pakistan’s consumer price index (CPI) rose 21.3% from a year earlier in June, marking the nation’s highest inflation in 13 years. In May, the CPI increased 13.8% over last year. The month-over-month increase was
In terms of regulating the cryptocurrency market efficiently, the UAE, Japan and Singapore have emerged as trendsetters, according to a top European academic. As crypto assets have moved into the mainstream, their value has exploded over the past year, and
Prime Minister Narendra Modi, the leader of the Indian government, is currently in Germany at the G7 summit. The members of the Indian diaspora in Munich, Germany, warmly welcomed PM Modi. While he was being welcomed by members of the
Dubai has recorded 2,624 real estate and properties transactions at a value of $2.18 billion (AED 8 billion) in total during the week ending 24th June 2022. The Dubai Land Department (DLD) report said that 274 plots were sold for
According to the Jordan Economic Forum, the Kingdom should take advantage of trade agreements signed with North American countries to enhance its presence in the Mexican market. During a panel discussion with Mexican ambassador Roberto Rodriguez Hernandez, forum members emphasized
The Transport General Authority (TGA) of Saudi Arabia and the Department of Maritime Affairs of Djibouti have signed an agreement for cooperation in the field of maritime transport. The TGA Vice-President for the Regulatory Sector, Eng. Fawaz Al-Sahli and the
The Abu Dhabi Department of Energy (DoE) visited Canada to meet with senior government officials and stakeholders in the Canadian energy sector. Awaidha Murshed Al Marar, the DoE Chairman, led the delegation that includes Ahmed Mohamed Al Rumaithi, DoE’s Under-Secretary,
The UAE has been ranked first in the Arab world and 19th globally for its ability to attract foreign direct investment (FDI) inflows by the World Investment Report 2022 issued by the United Nations Conference on Trade and Development (UNCTAD).
India and the EU are resuming negotiations for the India-EU Free Trade Agreement after a nine-year lull. A joint event held at the EU HQ in Brussels by Indian Commerce Minister Piyush Goyal and Valdis Dombrovskis, the Executive Vice-President of