Browsing: Business
Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.
OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.
Qantara West zone in Egypt aims to generate $4 billion in annual exports through $1 billion in industrial projects and state-backed infrastructure.
South Korea’s overseas investment dropped 13.4% YoY in Q2 2025 to $14.15B, with declines in manufacturing, real estate, and IT despite gains in finance.
UAE–India CEPA boosts non-oil trade by 34% to USD 37.6B in H1 2025, setting path for USD 100B trade target with strengthened bilateral investment.
Egypt and Spain signed a five year development agreement in Cairo covering economy climate food water energy and gender equality priorities
The European Central Bank and EU states near a deal on the digital euro, granting member nations power to set wallet limits under a new legislative framework.
Japan’s trade deficit narrowed in August to ¥242.5 billion, as exports to the EU rose and imports fell, despite a sharp drop in shipments to the US.
European Commission unveils grid reforms to cut power costs and improve electricity flow across borders under the new 2025 Grids Package.
US reduces tariff on Japanese auto and parts imports to 15% under trade deal, easing pressure on exports and aligning trade compliance rules.