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GDP of India increased by 13.5 percent in the first quarter of FY 2022
The Gross Domestic Product (GDP) of India under the wise guidance of Prime Minister Narendra Modi for the April-June quarter of the current financial year grew at 13.5 percent.…
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Bank ABC wins The Banker Transaction Banking Awards 2022 for the Middle East
MENA Newswire: Bank ABC, MENA’s leading international bank, has won The Banker Transaction Banking Awards 2022, for Middle East by the Financial Times. The Banker’s highly coveted…
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In August, the German inflation rate increased again to 7.9 percent
The inflation rate in Germany rose again in August after falling for two consecutive months in a row, according to a report by the German press agency (dpa). In its first estimate, the…
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Zohr gas field production reaches 2.7 billion cubic meters a day in Egypt
During Fiscal Year 2021-2022, the Ministry of Petroleum and Mineral Resources announced that the Zohr gas field recorded its highest production rate since the start of production began…
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Modi: Non-fossil fuels to produce 50 percent of Indian energy by 2030
Indian Prime Minister Narendra Modi said he plans for half of India's energy production to come from non-fossil fuels by 2030, and to be Net Zero by 2070. According to Modi, a silent…
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Singapore considers tightening cryptocurrency trading by retail investors
As stated by Singapore's central bank chief, the city-state is considering new measures that will make it more difficult for retail investors to trade cryptocurrencies at a time when…
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Egyptian GDP grew 6.6 percent in FY 2021/22 – Prime Minister
In the previous fiscal year 2021/2022, Egypt's economy grew by 6.6 percent, compared to a growth rate of 3.3% in the year prior. This was revealed in a statement released by Prime…
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Indian economic growth is expected to be 7.4 percent this year and next
Indian Finance Minister Nirmala Sitharaman said the Indian economy will grow at 7.4 percent this fiscal year and next. International Monetary Fund (IMF) and World Bank projections for…
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COVID curbs and heatwaves hit July industrial profits in China
China's industrial firms reported a drop in profits in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages…
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Bahrain Minister of Transportation meets with Saudi counterpart
In an official visit to Saudi Arabia, Bahrain's Minister of Transportation and Telecommunications, Mohammed bin Thamer Al Ka'abi, met with the Kingdom's Minister of Transportation and…
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