Browsing: Business

NEW DELHI, November 17, 2025: India’s merchandise trade deficit widened to an all-time high in October as soaring gold imports and weaker exports deepened the country’s external imbalance, according to data released by the Ministry of Commerce and Industry on

SEOUL, November 17, 2025: Samsung Group announced on Sunday that it will invest $310 billion over the next five years to expand its technology capacity, with a focus on artificial intelligence and advanced semiconductors. The South Korean conglomerate said the

TOKYO, November 17, 2025: Japan’s economy contracted for the first time in six quarters, as weaker exports and a slowdown in residential investment weighed on overall growth. Government data released on Monday showed that gross domestic product shrank by an

ABU DHABI, November 14, 2025: Etihad Airways reported a record profit of AED 1.7 billion (US$463 million) for the first nine months of 2025, marking the strongest performance in the airline’s history. The result represents a 26 percent increase compared

SEOUL, Nov. 13, 2025: South Korea recorded a double-digit increase in information and communication technology exports in October, supported by higher global demand for advanced semiconductor components used in artificial intelligence systems. Government data showed that shipments of ICT goods

ABU DHABI, Nov. 13, 2025: ADNOC Gas reported a record third quarter net income of 1.34 billion dollars for 2025, an 8 percent increase from the same period a year earlier. The company said the result was the highest third

CAIRO, November 12, 2025: Egypt’s net international reserves have exceeded US $50 billion for the first time, marking 38 consecutive months of growth, according to official data released by the Central Bank of Egypt (CBE). The CBE stated that Egypt’s

PARIS, November 12, 2025: Global demand for oil and gas will continue rising for at least the next quarter century unless governments make significant policy changes, the International Energy Agency (IEA) said in its World Energy Outlook 2025 released on

CAIRO, November 11, 2025: The Central Bank of Egypt (CBE) announced that it sold $1.5 billion in dollar-denominated treasury bills on Tuesday, marking the latest issuance aimed at refinancing maturing foreign-currency debt of the same value. The auction forms part

ABU DHABI, November 10, 2025: Thuraya, a subsidiary of Space42, has launched its next-generation mobile communications satellite, Thuraya-4, marking its first commercial rollout in South Africa. The expansion brings the company’s full suite of satellite communication services to the country and