Browsing: Business

MENA Newswire News Desk: The Korean economy is showing solid signs of recovery, bolstered by strong exports and moderating inflation, according to the Ministry of Economy and Finance’s latest monthly report, The Green Book. The ministry’s analysis, released on Friday,

MENA Newswire News Desk:  Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, attended the India-UAE Business Forum in Mumbai, India, on Tuesday, marking a significant step forward in strengthening bilateral economic ties between the UAE and

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

MENA Newswire News Desk: Elysium Management, led by Apollo Global Management founder Leon Black, has officially opened its first international branch at Abu Dhabi Global Market (ADGM). The new office, named Scimitar, will play a key role in expanding Elysium’s

MENA Newswire News Desk: Russia has escalated its daily gold purchases by 700%, the country’s Finance Ministry revealed on Wednesday. From September 6 to October 4, Russia will allocate 8.2 billion rubles ($92 million) each day to buy gold and

MENA Newswire News Desk: UK house prices have experienced their fastest growth rate since November 2022, despite concerns about potential changes in the upcoming Autumn Budget. According to the Halifax House Price Index, the average property price in the UK

MENA Newswire News Desk: India’s foreign exchange reserves have reached a historic peak of $683.987 billion, reflecting an increase of $2.299 billion for the week ending August 30, according to the Reserve Bank of India (RBI). This new high surpasses

MENA Newswire News Desk: Verizon Communications Inc. has agreed to acquire Frontier Communications Parent Inc. in a deal valued at approximately $9.6 billion, as the telecom giant seeks to strengthen its high-speed internet services. The acquisition, which includes both equity

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