Browsing: Business

MENA Newswire News Desk: In a bid to strengthen trade ties between Asia and Africa, the Indian Chair of the World Trade Organization Chairs Programme (WTO-WCP) hosted a high-level meeting on October 3, 2024, focusing on the theme “Fostering Resilient

MENA Newswire News Desk: The Abu Dhabi Securities Exchange (ADX) executed 15 large direct transactions today, involving shares from ADNOC Gas Plc and Modon Holding PSC. The total value of these deals reached AED2.66 billion, according to data released by the ADX. The most significant portion of

MENA Newswire News Desk: Saudi Arabia has set a new record for poultry meat production in the first half of 2024, underscoring its ongoing efforts to enhance national food security. The Ministry of Environment, Water, and Agriculture announced a total

MENA Newswire News Desk – The UAE is expected to witness significant economic growth, with a 4.8% expansion projected by 2025, according to Oxford Economics. This growth will be driven primarily by the non-oil sector, buoyed by government investment and

MENA Newswire News Desk: In a landmark move, the Emirates Nuclear Energy Corporation (ENEC) and the Nuclear Power Corporation of India Limited (NPCIL) have inked a pioneering agreement to bolster nuclear energy cooperation. This accord, signed in New Delhi, will enable both entities to exchange expertise

MENA Newswire News Desk: India and the UAE signed five major agreements today, focusing on cooperation in nuclear energy, petroleum, and other key sectors. Among these agreements, a Memorandum of Understanding (MoU) was signed between Emirates Nuclear Energy Company and Nuclear Power Corporation of India

China announced on Tuesday that it will initiate an anti-dumping investigation into canola imports from Canada. The move comes shortly after Canada imposed significant tariffs on Chinese electric vehicles (EVs), leading to a sharp increase in domestic rapeseed oil futures

China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the sale and servicing of chipmaking equipment to Chinese firms. The move complicates ongoing US-led efforts to curb China’s access to

The S&P 500 rebounded in August after a rocky start, ending the month with a 2.3% gain. This marked a reversal from the early August slump, where the index dropped by 6.1% in the first three trading sessions. Despite the volatility, 71%

China’s economic foundations are under intense strain as key sectors struggle to maintain momentum. Factory activity contracted for a fourth consecutive month in August, signaling deepening deflationary pressures. The National Bureau of Statistics (NBS) reported that the official manufacturing purchasing managers’ index