Browsing: Business

In a strategic move aimed at enhancing global trade infrastructure, DP World has acquired a 58% equity stake in Turkey’s Evyap Port. The partnership will focus on bolstering container…

The 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park is closing in on completion, promising to provide clean energy for around 320,000 homes. This significant…

Egypt is aggressively expanding its natural gas exploration activities, earmarking a robust $1.9 billion for drilling 45 new exploratory wells in the Mediterranean and Nile Delta…

After a string of six quarters in the red, the European Union’s trade balance has swung back into surplus, largely attributed to a dip in energy prices. This…

Brazil’s “growth acceleration” plan, known as PAC, has been reintroduced, with a projected 1.7 trillion reais ($347.5 billion) in investments. This new initiative is set to leverage…

SK Telecom Co., South Korea’s premier wireless service provider, announced a strategic $100 million investment in U.S.-based artificial intelligence (AI) powerhouse, Anthropic. This move underscores the telecom…

China’s economic landscape is undergoing a seismic shift as it witnesses deflation for the first time since early 2021. Official data reveals a 0.3% decline in…

In a staggering turnaround, WeWork, once pegged at a valuation of $47 billion, saw its shares plummet to near zero. The company sounded the bankruptcy alarm, marking…

Eleven Executive Directors (EDs) of the World Bank Group, representing 95 countries, convened with Union Finance Minister Nirmala Sitharaman in New Delhi on Thursday. During their visit to India,…

The economic prospects of India, the world’s largest democracy, are poised to reach new heights with an expected annual growth rate of 6.7% from 2024, according…