Browsing: Business

Renault Group will invest more than €10 billion in France over the next five years, Chief Executive François Provost said on October 3. The spending will focus on electric vehicles and more affordable cars. Renault produced about 500,000 vehicles in

South Korea consumer price index September inflation rate recorded an annual growth of 2.9 percent, driven primarily by persistent surges in fresh agricultural products and energy commodities. Data released by Statistics Korea indicates that consumer prices maintained an upward trajectory,

India’s Commerce and Industry Minister Piyush Goyal is in the United States for the G20 Trade Ministers’ Meeting and bilateral trade talks. The ministerial runs in Milwaukee on September 30 and October 1. India’s Commerce Ministry said Goyal will also

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema met in Abu Dhabi on September 29 to discuss stronger bilateral economic ties. Hichilema visited the UAE after beginning his second presidential term earlier this month. The

Abu Dhabi recorded the largest progress globally in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. According to survey details released by government regulatory authorities, the UAE capital advanced eight spots to 33rd globally

The United Arab Emirates continues to expand its global economic footprint as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi convened bilateral discussions with foreign dignitaries during the United Nations General Assembly. The agenda centered on deepening non-oil

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 Bank Group indicate that the sovereign state will experience robust expansion over the next two

Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi called for stronger cooperation with Europe to protect global supply chains from maritime disruption and rising transport costs. Speaking in New York on September 24, Albudaiwi said higher freight expenses were feeding into

Egypt’s central bank kept its key interest rates unchanged on Thursday, extending the policy settings in place since February. The Monetary Policy Committee held the overnight deposit rate at 19.00% and the overnight lending rate at 20.00%. It kept the

Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%