Browsing: Business

MENA Newswire News Desk: Japan’s economy achieved an annualized growth rate of 0.9% in the July-September quarter, maintaining its expansion for the second consecutive quarter. The rise, driven by robust consumer spending, follows temporary income tax cuts and increased summer

MENA Newswire News Desk: Airbus announced that all of its current aircraft models incorporate parts manufactured in the UAE, underscoring a strengthened partnership with Emirati industries. Jean-Brice Dumont, Head of Air Power at Airbus Defence and Space, confirmed this development

MENA Newswire News Desk: India is set to surpass its $100 billion trade target with Russia well ahead of the projected 2030 deadline, according to Indian External Affairs Minister S. Jaishankar. Speaking at the 25th India-Russia Intergovernmental Commission meeting in

MENA Newswire News Desk: The United Arab Emirates (UAE) is set to exceed $40 billion in diamond trade this year, according to Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy. Speaking on the sidelines

MENA Newswire News Desk: Aldar has officially announced the launch of Mamsha Gardens, a new residential project situated adjacent to Mamsha Al Saadiyat and the Saadiyat Cultural District on Saadiyat Island. This latest development aims to expand residential options in

MENA Newswire News Desk: TECOM Group has reported a net profit of AED293 million for the first quarter of 2024, marking a 15% increase compared to the same period last year. This performance reflects solid financial and operational growth across

MENA Newswire News Desk: Japan’s oil imports for September 2024 reached 72.87 million barrels, with a dominant share of 81.4% coming from the Gulf Cooperation Council (GCC) nations, particularly the United Arab Emirates (UAE) and Saudi Arabia, according to the

MENA Newswire News Desk: The Bank of Japan (BOJ) announced Thursday that it will maintain its policy interest rate at 0.25%, marking a continuation of its ultra-loose monetary approach. The BOJ stated that this decision aligns with its goal of

MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the latest Global Trade Outlook report. The report anticipates moderate growth continuing through the end of

MENA Newswire News Desk: The Global Commission on People-Centred Clean Energy Transitions, recently established by the International Energy Agency (IEA), convened for the first time in Foz do Iguaçu, Brazil, alongside the G20 energy ministers meeting. The discussions focused on