Browsing: Business

MENA Newswire News Desk: India is setting an ambitious target to boost its electronics sector from $150 billion to $500 billion by 2030, aiming to transform the nation into a global hub for electronics and semiconductor manufacturing. Announced during the

MENA Newswire News Desk: Russia’s trade surplus has surged by 20.2 percent year-on-year, reaching $87.9 billion for January through July 2024, according to the latest data from the Federal Customs Service (FCS). This marks a significant rise from the previous

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: When comparing the benefits of setting up a business in Dubai versus the Cayman Islands, Dubai emerges as the clear winner for a variety of reasons that go beyond simple tax incentives. Dubai’s thriving infrastructure, strategic

MENA Newswire News Desk: Trade between Moscow and BRICS countries rose by 14.7% in the first half of 2024, marking a significant boost in international commerce. The increase was confirmed by the Mayor of Moscow’s office and reflects efforts to

MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and insurance sectors, according to the General Authority for Statistics (GASTAT). This expansion comes as part

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: Seven & i Holdings, the parent company of 7-Eleven, has rejected a $38.6 billion acquisition offer from Canadian convenience store operator Alimentation Couche-Tard. The Tokyo-based company stated that the proposal “grossly undervalues” the business and does