Browsing: Business
Egypt’s economy has demonstrated significant resilience and growth, as indicated by a marked reduction of 61.2% in its current account deficit, down to just US$ 5.3 billion. This figure, reported in the Central Bank of Egypt’s Balance of Payments Performance for July/March
Prime Minister Narendra Modi launched the grand International Exhibition cum Convention Centre – Bharat Mandapam in New Delhi, proudly asserting it as a symbol of India’s vibrant and flourishing democracy. As India celebrates its 75th year of independence, the inauguration of this architectural
In a setback to the vibrant housing sector, the U.S. saw a slight dip in new single-family home sales in June, after a triumphant surge over three consecutive months. The overarching trend, however, remains resilient, buoyed by the enduring demand
Masdar and Iberdrola have entered into a strategic agreement to co-invest in Baltic Eagle, a 476-megawatt (MW) offshore wind farm situated in the German Baltic Sea. Under the terms of the agreement, valued at around €1.6 billion, Iberdrola will retain a majority 51% stake
Mubadala Energy, a global energy player, and Pertamina, Indonesia’s state-owned integrated energy firm, have joined forces. The collaboration focuses on energy transition initiatives, specifically exploring the potential of carbon capture, utilisation, and storage (CCUS) applications in Indonesia. The partnership aligns with Mubadala Energy’s mission
The world watched as the United Arab Emirates (UAE) and Turkey took a significant stride in their relationship. The leaders of the two nations, President Sheikh Mohamed bin Zayed Al Nahyan of the UAE and Turkish President Recep Tayyip Erdogan,
The Indian banking sector, regulators, and investors exemplify a remarkable resilience born out of strategic planning and proactive governance. This strength, which has been consistently observed even amidst global financial crises, underscores the robust success story scripted under Prime Minister,
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United States, becoming the world’s second-largest economy by 2075. This projection reflects India’s remarkable growth potential
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal turbulence. Twitter, once a colossus in the microblogging space, now finds itself in precarious waters,
In a further blow to the precious metals market, gold prices plummeted to their lowest levels since mid-March. A resurgent dollar has caused the gold market to stumble, pushing the prices into a downward spiral, according to a report by