Browsing: Business
According to Mo’asher, Dubai’s official index of sales prices and rental performance, 8,897 sales transactions worth AED22.75 billion were recorded in June, the highest volume in nine years. Comparing June 2022 to May 2022, volume increased by 34 percent and
Under its Food Security Action Plan, the OPEC Fund for International Development (OFID) has signed a $30 million loan agreement with Banco Sudameris S.A.E.C.A. in Paraguay. Farmers and agribusinesses will receive 40 percent of the loan in response to disruptions
On Saturday, Orange and MasMovil said they had signed a binding agreement to merge their Spanish operations, valuing the combined company at close to $19 billion. In addition to creating a heavyweight for mobile and broadband, the merger poses a
Snapchat’s shares plunged after it missed revenue expectations and warned it faces incredibly challenging conditions. As a result of disruptions in the supply chain, advertisers are cutting spending. After-hours trade in New York saw Snap shares plunge more than 25%.
India has registered tremendous growth in merchandise and service exports in the last fiscal year. A total of $676 billion worth of exports were made in the financial year 2021-22 under PM Narendra Modi’s leadership. This was stated by Minister
A spike in gas, food and rent prices catapulted U.S. inflation to a record four-decade high in June, further provoking households and likely sealing the case for another steep interest rate hike by the Federal Reserve, with higher borrowing costs
As part of the First I2U2 (India-Israel-UAE-USA) Leaders’ Virtual Summit on Thursday, Prime Minister Narendra Modi will take part alongside Prime Minister of Israel Yair Lapid, President of the UAE Mohammed bin Zayed Al Nahyan, and President of the USA
A high-level delegation from French aircraft engine maker Safran Group, led by its CEO Olivier Andries, met with Indian Defence Minister Rajnath Singh today. Among the leading original equipment manufacturers of civil and fighter aircraft engines, Safran manufactures advanced engines.
In just six years, India has become the third largest startup ecosystem in the world, according to Union Commerce and Industry Minister Piyush Goyal. Rather than controlling startups, the BJP government under Prime Minister Narendra Modi has acted as a
Digital India Week 2022 was inaugurated by Prime Minister Narendra Modi today at Mahatma Mandir in Gandhinagar. This Digital India Week has the theme Catalyzing New India’s Techade to transform the nation into a digitally empowered society and knowledge economy.