Browsing: Business

Under its Food Security Action Plan, the OPEC Fund for International Development (OFID) has signed a $30 million loan agreement with Banco Sudameris S.A.E.C.A. in Paraguay. Farmers and agribusinesses will receive 40 percent of the loan in response to disruptions

On Saturday, Orange and MasMovil said they had signed a binding agreement to merge their Spanish operations, valuing the combined company at close to $19 billion. In addition to creating a heavyweight for mobile and broadband, the merger poses a

Snapchat’s shares plunged after it missed revenue expectations and warned it faces incredibly challenging conditions. As a result of disruptions in the supply chain, advertisers are cutting spending. After-hours trade in New York saw Snap shares plunge more than 25%.

India has registered tremendous growth in merchandise and service exports in the last fiscal year. A total of $676 billion worth of exports were made in the financial year 2021-22 under PM Narendra Modi’s leadership. This was stated by Minister

There were more than 2,205,876 visitors to Souq Al Jubail, the investment arm of Sharjah Asset Management Company, in the first half of 2022. There were 2,086 tonnes of fish sold during the six-month period, while 2,711 tonnes of fruits

Investment in power projects in the Middle East and North Africa (MENA) is expected to rise from 2021 to 2025 due to strong economic growth and a goal of net zero emissions by 2050. Regional and global power and utility

The Dubai International Financial Center (DIFC) announced that Lord Abbett (Middle East) Limited, a leading asset manager, was approved by Dubai Financial Services Authority (DFSA) for its first Middle East branch. The company’s investment and client-led proposition will now be

Energy, Investment, Communications, and Health Ministers of Saudi Arabia have signed 18 agreements with their counterparts in the United States. Through the aforementioned agreements, new avenues for joint cooperation in the fields of investment, energy, ICT, space, and health have

His Highness Sheikh Mohamed bin Zayed Al Nahyan assured that the UAE will maintain its firm approach to promote coexistence and constructive cooperation. This is based on its belief in people’s right to peace, stability, development and prosperity for future

Indian Prime Minister Narendra Modi has stated that India, Israel, the UAE, and the USA are working together under the I2U2 framework. This is to increase investments in the fields of water, energy, environment, health, and space. With I2U2’s positive