Browsing: Business

A growing dependence on innovation and artificial intelligence (AI) is evident in the global media and entertainment services sector. PricewaterhouseCoopers (PwC) estimates the sector will reach US$2.4 trillion next year, with a compound annual growth rate (CAGR) of 3.8 percent

Under Prime Minister Narendra Modi, India has planned to build and operationalize 220 airports, heliports, and water aerodromes over the next five years. In a written reply to a question in the Rajya Sabha, Union Minister for Civil Aviation Jyotiraditya

The revenue from the Suez Canal for Egypt in July amounted to $704 million, according to the chairman of the Suez Canal Authority, Osama Rabea, on Tuesday. According to Rabea, the Canal has reached its highest transit rate of 2,103

A Joint Statement was signed in Nairobi by Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and Betty Maina, Cabinet Secretary, Ministry of Industrialization, Trade and Enterprise Development of Kenya, announcing the intention to begin

India’s first International Bullion Exchange (IIBE) was launched by Prime Minister Narendra Modi at Gujarat International Finance Tech (GIFT) City in Gandhinagar, India. Additionally, he inaugurated the NSE IFSC-SGX Connect and laid the foundation stone for the headquarters of the

According to Mo’asher, Dubai’s official index of sales prices and rental performance, 8,897 sales transactions worth AED22.75 billion were recorded in June, the highest volume in nine years. Comparing June 2022 to May 2022, volume increased by 34 percent and

Under its Food Security Action Plan, the OPEC Fund for International Development (OFID) has signed a $30 million loan agreement with Banco Sudameris S.A.E.C.A. in Paraguay. Farmers and agribusinesses will receive 40 percent of the loan in response to disruptions

Snapchat’s shares plunged after it missed revenue expectations and warned it faces incredibly challenging conditions. As a result of disruptions in the supply chain, advertisers are cutting spending. After-hours trade in New York saw Snap shares plunge more than 25%.

India has registered tremendous growth in merchandise and service exports in the last fiscal year. A total of $676 billion worth of exports were made in the financial year 2021-22 under PM Narendra Modi’s leadership. This was stated by Minister

His Highness Sheikh Mohamed bin Zayed Al Nahyan assured that the UAE will maintain its firm approach to promote coexistence and constructive cooperation. This is based on its belief in people’s right to peace, stability, development and prosperity for future