Egypt food exports reach $5.5 billion in first 11 months of 2024
Egypt's food industry exports surged to approximately $5.5 billion in the first 11 months of 2024, reflecting a 17% increase from the $4.7 billion recorded...
Tag : economic growth
Japan approves record $730 billion budget for fiscal year 2025
Japan’s government has approved a record 115.54 trillion yen ($730 billion) draft budget for fiscal year 2025. The new budget, set to begin in April...
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
DP World starts $1.2 billion port construction in Senegal’s Ndayane
DP World has commenced maritime construction on the $1.2 billion Port of Ndayane in Senegal, marking a pivotal step in establishing the country as a...
UAE and Slovenia strengthen ties with focus on trade and energy
MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan hosted President Dr. Nataša Pirc Musar of Slovenia in Abu Dhabi today...
Russia achieves 4.2% GDP growth in the first eight months of 2024
MENA Newswire News Desk: Russia’s gross domestic product (GDP) grew by 4.2 percent during the first eight months of 2024, Prime Minister Mikhail Mishustin announced at...
Abu Dhabi and Dubai airports see passenger traffic surge in H1 2024
MENA Newswire News Desk: UAE airports experienced a 14.2% year-on-year increase in passenger traffic during the first half of 2024, according to data from the Central...
Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance
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...
Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia's Foreign Direct Investment (FDI) has experienced significant growth, reaching nearly $215 billion in 2023. Khalid Al Falih, the Saudi Minister of Investment, attributes...
OPEC highlights continuous economic growth in UAE
The United Arab Emirates is experiencing continued growth in key economic sectors, according to the latest report from the Organisation of the Petroleum Exporting Countries...