Browsing: Business
India has cautioned Washington that proposed tariffs on nations importing Russian crude oil could damage bilateral relations and disrupt the global commodities market. This warning was issued after the United States House of Representatives approved the Sanctioning Russia and Iran
International bullion trading experienced renewed downward pressure as markets responded to the U.S. Federal Reserve’s recent quarter-point increase in interest rates. Spot gold fell 1 percent to $4,249 per ounce, reaching multi-session lows amid rising sovereign yields and tighter monetary
– On September 12, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, held discussions with Indian Prime Minister Narendra Modi in New Delhi. The officials explored avenues to enhance UAE-India relations and boost collaboration in
– In August 2026, Oman experienced a rise in its annual inflation rate to 3.4%, driven by higher prices in transport, food, and several service sectors. This figure reflects an increase from 3.2% recorded in July and signifies another month
In Berlin, UAE President Sheikh Mohamed bin Zayed Al Nahyan engaged in discussions with leading German corporate officials to promote increased cross-border investments and bolster trade integration between the two nations. Emphasizing the UAE’s vital role as a worldwide logistics
India and Russia agreed to accelerate bilateral economic cooperation to achieve a target of $100 billion in two-way trade by 2030. Following high-level plenary sessions at the INNOPROM India 2026 industrial technology exhibition in New Delhi, officials from both governments
– The United Arab Emirates has announced plans to invest €40 billion in Germany across several priority sectors. The package covers industry, advanced technology, artificial intelligence, digital infrastructure and energy. The announcement came during President Sheikh Mohamed bin Zayed Al
– During a state visit to Berlin, the United Arab Emirates and Germany formalized their Enhanced Strategic Partnership by launching a new Strategic Dialogue and agreeing to create a bilateral Investment Council. UAE President Sheikh Mohamed bin Zayed Al Nahyan
– Gold prices experienced modest gains on Thursday, supported by a softer US dollar as markets awaited new US inflation figures. The spot price of gold increased by 0.3% to reach $4,414.28 an ounce at 0419 GMT. Meanwhile, US gold
– The Panama Canal may see a reduction in its daily vessel movements to approximately 29 ships in February or March 2027 if drought conditions persist, according to its new head. Ilya Espino de Marotta assumed her position on September