Browsing: Business

Denmark should reconsider adopting the euro to deepen its integration within the European Union and bolster resilience against global uncertainty, according to the country’s central bank governor Christian Kettel Thomsen. Speaking Thursday in Copenhagen, Thomsen said joining the eurozone could

A group of eight U.S. and Indian venture capital and private equity firms has launched a $1 billion investment alliance aimed at accelerating the growth of India’s deep tech sector. The newly formed India Deep Tech Investment Alliance was announced

Egypt has announced a substantial investment plan totaling EGP 136.3 billion for its electricity and renewable energy sectors in the fiscal year 2025/26. The allocation, disclosed by the Ministry of Planning, Economic Development and International Cooperation, represents an 87.7 percent

Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending rate to 23 percent, as policymakers moved to ease monetary conditions amid falling inflation and

The Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of one million tonnes per annum of liquefied natural gas. The LNG will be primarily sourced

The United Arab Emirates (UAE) and the Republic of Angola have concluded a Comprehensive Economic Partnership Agreement (CEPA) that is projected to elevate non-oil bilateral trade to more than USD 10 billion annually by 2033, according to Dr Thani bin

U.S. President Donald Trump announced that the United States is conducting a formal investigation into furniture imports, signaling plans to impose new tariffs on the sector before the end of the year. The announcement was made via Trump’s social media

Prime Minister Narendra Modi on Friday announced that India aims to ramp up its space launch capacity to 50 rockets per year, marking a significant shift in the country’s ambitions for space exploration and commercial aerospace development. The target, outlined

Stablecoins are rapidly emerging as a powerful force in global finance, with Goldman Sachs projecting that the sector could reach several trillion dollars in value by the end of the decade. The investment bank said the market is entering a new phase of accelerated growth,

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties following years of tension along